372 Fm 247 Rd Huntsville, TX 77320
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.
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St. Paul Methodist Church Church
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.