37705 L G Ln Brookshire, TX 77423
This exceptional 61-acre property in Brookshire, Waller County, Texas, presents a unique investment opportunity. Located at 37705 L G Lane, 77423, this expansive land parcel offers a blend of commercial, farm, and ranch potential. Its strategic location provides convenient access to major transportation arteries, with Interstate 10 just a 5-minute drive away and Grand Parkway 99 only 19 miles distant. The property is currently zoned for agricultural use, benefiting from an existing agricultural exemption. The land itself is well-suited for a variety of uses, including equestrian activities, ranching, farming, and cattle operations. Adding to its appeal is an existing dwelling on the property, complete with a septic system and water well, ready for renovation or personalization. This versatile property offers a rare combination of recreational possibilities and the potential for a sophisticated ranch lifestyle, making it an attractive proposition for discerning buyers seeking a substantial land holding in a desirable Texas location. The property's coordinates are 29.7468968 latitude and -96.0193332 longitude. The asking price for this remarkable property is $2,300,000.
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
No recorded transactions found for this property.
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.