14134 Penick Rd Waller, TX 77484
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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