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Property profile & analytics
OFF-MARKET
Commercial real estate

14134 Penick Rd Waller, TX 77484

71.72 ac lot
Property ID
US82-4111736
Property summary
AI-generated overview

Exceptional 71.72-acre agricultural property in Waller County, Texas, is now available for $3,586,000. This highly improved rectangular tract boasts significant advantages for various development opportunities. Currently utilized as a commercial farm, the land features two tree-lined, deep-water lakes stocked with Bass, Catfish, and Crappie, providing recreational potential. The property benefits from well-water irrigation reaching all tilled fields, ensuring consistent productivity. With over 1350 feet of frontage on paved Penick Road (address: 14134 Penick Rd, Waller, TX 77484), accessibility is excellent. Three-phase power is readily available on-site. The property is currently Ag Exempt and situated in an area experiencing high demand, making it an attractive investment. The absence of zoning jurisdiction offers flexibility for future development plans. This unique combination of agricultural productivity, recreational amenities, and development potential presents a rare opportunity in the thriving Waller County market. The property's location offers easy access to Waller, TX and surrounding areas.

Property profile
Verified
Property type Commercial real estate
Lot 71.72 ac (3,124,123 SF)
UPID US82-4111736
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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