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    FOR SALE
    Commercial land

    16070 Warren Ranch Rd, Hockley, TX 77447

    Property ID
    US82-3979863
    No photos on file
    For Sale
    $2,940,300
    16070 Warren Ranch Rd, Hockley, TX 77447
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    Property summary
    AI-generated overview

    Exceptional 10-Acre Development Opportunity in the Heart of a Thriving Community! This is your chance to secure 10 unrestricted acres of potential in the heart of a burgeoning development area! Waller County continues to experience explosive growth and was ranked the second-fastest-growing county in the United States and the fastest-growing county in Texas in early 2026, with a 5.7% population increase according to the U.S. Census Bureau. The area is attracting residents and businesses seeking more affordable land and housing options compared to the core Houston market, driving strong demand for retail, service, industrial, and commercial businesses. The land is cleared and ready to accommodate your construction plans without delay. Enjoy the advantage of a location in a thriving community with growing economic activity. Accessible roadways ensure convenience for customers, clients, and employees alike. The property has approximately 498 ft of road frontage on Warren Ranch Rd. and is 8 miles from Hwy 290 & the Grand Parkway. Mobile Home is excluded. Strategic Location Benefits: Grand Prairie : Directly across the street is the expansive 1,730-acre Grand Prairie community, which will feature 6,000 new homes and an additional 166 acres dedicated to the development of 500 more homes. The development is poised to significantly increase local population and demand for services. Jubilee Community : Just a short distance away, the prestigious 1,620-acre Jubilee community is set to feature 4,800 homes upon completion, further bolstering the area’s growth potential and positioning your development at the heart of a bustling neighborhood. Hockley : With a population of around 21,400 residents, as per the latest U.S. Census data, Hockley is an up-and-coming hub. The city’s housing market is booming, with 76% of single-family home sales being new construction. The average home price has seen a steady increase, currently at $327,453 as of May 2024 (according to HAR), demonstrating the area's strong and ongoing economic expansion. This is a rare opportunity to capitalize on the future of Hockley and the surrounding areas. Don't miss out on a prime piece of real estate with limitless potential. Secure this land today and start building for tomorrow!

    Property profile
    Verified
    Property type Commercial land
    UPID US82-3979863
    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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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
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    Permitted uses
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