12321 Johnson Road Trl Manor, TX 78653
This exceptional 15.342-acre property in Manor, Texas, presents a unique investment opportunity. Located at 12321 Johnson Rd, 78653, this expansive tract boasts a versatile zoning status – currently unzoned, allowing for diverse development possibilities. Imagine building multiple residential properties, establishing commercial ventures, or pursuing large-scale development projects. Alternatively, continue its current use as agricultural land; it's currently utilized for cattle grazing and benefits from an existing agricultural exemption, resulting in significantly reduced property taxes. The land is fully fenced and gated, enhancing security and privacy. Its strategic location offers convenient access to Highway 290, placing it within easy reach of numerous existing residential and commercial developments. While the majority of the land lies outside the special flood hazard area, it's important to note that approximately 3 acres fall within the 100-year floodplain. This property is priced at $949,000 and offers a rare blend of flexibility and potential. The absence of zoning restrictions unlocks a wide spectrum of development options, making this a truly exceptional investment prospect in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.