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31501 Washington Street
Waller, TX 77484
Old Washington · Land For Sale
·
75.76 AC
Investment Highlights
- Approximately two-acre tract affording frontage on Old Washington Road within Waller city limits.
- Positioned near Highway 290, providing excellent regional connectivity and exposure to ongoing growth corridors.
- Private utility systems in place (water and sewer), reducing initial infrastructure challenges.
- Improved with a single-story structure offering 1,314 square feet of interior space for immediate occupancy or potential removal for redevelopment.
- Located in a community experiencing strong housing demand and commercial interest driven by economic expansion west of Houston.
Executive Summary
This property at 31501 Old Washington Road offers approximately two acres of land positioned in the heart of Waller, Texas. Currently improved with a single-family home built in 1966, the site provides flexibility for investors and developers considering long-term repositioning. With road frontage along Old Washington Road, the parcel benefits from its strategic location near the Highway 290 corridor, offering convenient access to the greater Houston metropolitan area and serving as a gateway to the rapidly growing Prairie View and Hempstead markets.
The surrounding submarket has seen a surge in mixed-use and residential development, supported by robust population growth and expanded infrastructure. While currently residential in character, the property’s generous lot size and proximity to Waller city amenities create potential for low-density residential expansion, small-scale commercial development (subject to zoning allowances), or a long-term hold strategy as the corridor continues to mature.
The surrounding submarket has seen a surge in mixed-use and residential development, supported by robust population growth and expanded infrastructure. While currently residential in character, the property’s generous lot size and proximity to Waller city amenities create potential for low-density residential expansion, small-scale commercial development (subject to zoning allowances), or a long-term hold strategy as the corridor continues to mature.
Property Facts Under Contract
1 Lot Available
Lot
| Lot Size | 75.76 AC |
| Lot Size | 75.76 AC |
Description
31501 Old Washington Road is documented as a residential dwelling situated on an approximately two-acre tract within the Waller, Texas market area. The existing improvements date to 1966 and typically reflect mid-century construction attributes. The property sits within a predominantly rural/residential environment but benefits from proximity to key transportation routes supporting commuter and logistical access. Nearby development trends indicate sustained demand for residential and ancillary commercial uses.
Property Taxes
| Parcel Number | 0451500000007 | Improvements Assessment | $2,424 |
| Land Assessment | $2,780,032 | Total Assessment | $2,782,456 |
Property Taxes
Parcel Number
0451500000007
Land Assessment
$2,780,032
Improvements Assessment
$2,424
Total Assessment
$2,782,456
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