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31501 Washington Street - Old Washington 79.3 Acres of Commercial Land Offered at $9,948,407 in Waller, TX 77484
Investment Highlights
- Prime location just south of Waller with convenient access to major regional corridors connecting to Houston and surrounding employment centers
- Development-ready site with large usable acreage, minimal zoning restrictions, and no floodplain or spillway issues.
- Frontage on Old Washington Road with connectivity to major transportation routes serving northwest Harris County.
- Agricultural exemption in place, significantly reducing holding costs and allowing phased development opportunities.
Executive Summary
- Located within the expanding sphere of influence of Houston’s northwest growth corridor, one of the fastest growing segments in the state. Annual growth rate is above state average at 2.5-4%.
- Strong demand for residential housing drives by affordability and proximity to employment centers.
- Near future Blinn College, future Memorial Hermann Hospital, Daikin, and other large employers.
- Served by Waller Independent School District, an important consideration for residential and commercial appeal. WISD has experienced tremendous growth and is expanding with new schools.
- Increasing commercial activity and infrastructure investment in the Waller area has only been on the up tick year over year. With its small town appeal with close proximity to major metro areas.
- Strong demand for residential housing drives by affordability and proximity to employment centers.
- Near future Blinn College, future Memorial Hermann Hospital, Daikin, and other large employers.
- Served by Waller Independent School District, an important consideration for residential and commercial appeal. WISD has experienced tremendous growth and is expanding with new schools.
- Increasing commercial activity and infrastructure investment in the Waller area has only been on the up tick year over year. With its small town appeal with close proximity to major metro areas.
Property Facts
1 Lot Available
Lot
| Price | $9,948,407 | Lot Size | 79.30 AC |
| Price Per AC | $125,452.80 |
| Price | $9,948,407 |
| Price Per AC | $125,452.80 |
| Lot Size | 79.30 AC |
Bordering Waller city limits, in rapidly growing Harris County, this exceptional ±79.3-acre tract offers a rare opportunity to secure a large, contiguous property in one of the region’s most active growth corridors.
Description
Large usable acreage suitable for efficient site planning and infrastructure layout. Under agricultural exemption, providing significantly reduced holding costs. Flexible utility access either at Old Washington managed by Waller, or development under Harris county regulation (i.e. no city restrictions) by a simple ETJ release.
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $140,656 | |
| Land Assessment | $2,997,832 | Total Assessment | $3,138,488 |
Property Taxes
Parcel Numbers
Land Assessment
$2,997,832
Improvements Assessment
$140,656
Total Assessment
$3,138,488
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31501 Washington Street - Old Washington
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