5222 County Road 306 Navasota, TX 77868
This exceptional 33.59-acre property in Grimes County, Texas, presents a unique opportunity for diverse uses. Located at 5222 County Road 306, Navasota, TX 77868, this unrestricted and ag-exempt land boasts approximately 960 feet of road frontage. The gently rolling terrain features native pastures, scattered trees, sandy soils, and excellent drainage, offering stunning views. Existing improvements include a substantial 50'x75' Quonset-style barn, a 14'x24' cabin complete with electricity, water, and sewer hookups, plus dog kennels and working pens with fenced and cross-fenced pastures. An older home on the property offers the potential for renovation or demolition, with significant reusable wood flooring and framing materials available. The property is conveniently located approximately 1.5 miles south of Highway 105 and 1.5 miles east of the soon-to-be-completed Aggie Expressway, providing easy access to Navasota, Montgomery, College Station, The Woodlands, Magnolia, and Houston. It's also just an hour from George Bush Intercontinental Airport. This property is situated outside of any flood plain and offers public water and a septic tank. The possibilities are endless, whether you envision a gentleman's ranch, a horse farm, a hunting retreat, or a future development project. The asking price is $1,175,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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