15910 Bohemian Hall Rd Crosby, TX 77532
This exceptional 14.5-acre property in Crosby, Texas, presents a unique investment opportunity. Currently under agricultural exemption, this unrestricted land boasts significant pre-development work, including completed soil testing, approved subdivision plans, grading, a double entrance with a culvert built to state codes, a retention pond, and a partially installed rod iron fence designed for a gated entrance. Mineral rights are included in the sale. The property is ideally suited for a variety of uses, from a single-family estate to a small gated subdivision with half- to one-acre lots. Its versatility extends to leisure ranches or horse farms. The land is situated outside the flood plain, features a graded gravel road providing access to the entire property with a turnaround, and is fully fenced. Currently used for grazing cattle, this property benefits from its location in a rapidly developing area. Electricity is readily available at the roadside, and nearby infrastructure improvements are underway. A 15-foot easement exists on each side of the property. A gas line is conveniently located near the second gate entrance. This is a prime opportunity to capitalize on the area's growth and create a remarkable development. Buyer accompaniment is required for showings.
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.