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Property profile & analytics
OFF-MARKET
Commercial real estate

372 Fm 247 Rd Huntsville, TX 77320

Individually Owned
Property ID
US82-6574376
Property summary
AI-generated overview

This exceptional 10.03-acre property in Huntsville, Texas, presents a unique investment opportunity. Located at 372 FM 247, 77320, this expansive parcel boasts 437,211.72 square feet of flat, usable land. The property is zoned for Management (M) district, offering remarkable flexibility for diverse uses. Permitted uses include agricultural pursuits (farming, community gardens), residential development (single-family homes, townhomes, apartments), and various community facilities such as community centers, libraries, parks, daycares, and religious assemblies. Preliminary plans for approximately 68 townhome units are available. The land is cleared and ready for development, yet also features existing trees for privacy. Ideal for both personal use and investment, this property is conveniently located near schools, including a university, and the freeway, ensuring easy access to amenities and transportation. The property is not located in a flood zone and is eligible for an agricultural exemption. All utilities are available. Horses are permitted. This is a rare opportunity to acquire a versatile and well-situated property with significant development potential or ideal for personal use.

Property profile
Verified
Property type Commercial real estate
UPID US82-6574376
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
Current use
Occupant on record · Public records
  • St. Paul Methodist Church Church
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Sol David Pettitscott
Sol David Pettitscott
since 2025
2 recorded transactions
2025
Price N/A
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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