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Investment Highlights

  • High-visibility development lots offering up to 41.2 shovel-ready acres with a prime location just two minutes from Highway 290.
  • Hard-corner location with frontage to a primary connector for 1.4 million local residents within a 30- to 35-minute commute into the city.
  • Perfect opportunity for grocery-anchored shopping centers, strip malls, big-box centers, mixed-use lifestyle centers, and much more.
  • In-place electrical service, with public water and sewer through Harris Waller MUD District, significantly reduces development times.
  • Benefit from proximity to major projects and investments across residential, healthcare, education, and employment sectors in Waller County.
  • Rare opportunity to capitalize on a rapidly growing residential customer base with virtually no anchor retail in immediate proximity.

Executive Summary

32810 Knebel Road in Waller, Texas, presents a rare opportunity to acquire 25.6 commercial acres at a high-visibility hard corner in one of the fastest-growing corridors in the state. Just two minutes from Highway 290, with convenient regional access to Houston, Austin, and College Station, the site is well-positioned for investors and developers seeking scale, accessibility, and long-term upside.

Developers will have the ability to expand the offering with an adjacent 15.6-acre tract, bringing the total potential assemblage to 41.2 acres. Both tracts are in the X Flood Zone and free of pipeline constraints, creating flexibility for phased development. The site already benefits from electrical service, as well as public water and sewage through the installed Harris-Waller MUD District, a significant advantage that can reduce development timelines by an estimated 12 to 18 months while lowering upfront infrastructure costs. With a reasonable tax rate and in-place utility access, the site offers an efficient path from acquisition to execution.

The surrounding submarket is being transformed by substantial residential and institutional growth. More than 24 active residential subdivisions are underway in Waller County, with approximately 50,000 new homes projected over the next five years. Within Waller Independent School District alone, roughly 21,000 homes in upscale subdivisions are expected by 2028. This expanding population base is being supported by major new investments in healthcare and education, including a nearby Memorial Hermann medical complex and Blinn College’s planned satellite campus for technology and career certifications. Additionally, major employers are establishing or expanding operations in the area, including Tesla’s 1.2 million-square-foot Megapack plant, Grundfos, and TMEIC. More than $2 billion in active community investment has already been committed to the county, reinforcing the area’s emergence as a meaningful growth market.

From a development perspective, the site combines visibility, access, and unmet consumer demand. The hard corner location benefits from frontage on two county-maintained asphalt roads, while FM 362 serves as a key connector that places more than 1.4 million people within a 30- to 35-minute commute to the city. As thousands of rooftops are delivered nearby, the property is well-suited for a neighborhood shopping center, grocery-anchored retail, strip retail, big-box or junior-anchor concepts, mixed-use development, restaurant pads, financial services, and other convenience-driven commercial uses. In a market where retail and service amenities are in high demand, this rare offer stands out as a compelling opportunity to deliver essential commercial inventory into a rapidly expanding trade area.

For all developers with a serious interest please, reach out to Cecilia Maddox today to schedule a tour and learn more about this rare opportunity. Please feel free to submit an offer.

Property Facts

Price $6.00 - $12.00
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 2
Property Type Land
Property Subtype Commercial
Proposed Use Retail
Total Lot Size 41.20 AC
Zoning Commercial - This visible corner is zoned for commercial development, would be fantastic for retail, which is desperately needed in the area.

2 Lots Available

Lot PT TR 2G

Price $6
Price Per AC $0.23
Lot Size 25.60 AC

Hard corner on FM 362 & Knebel Road w/ingress and egress from 2 paved roads. Spans 25.6 acres w/ no flood plain & no pipelines. Houston/ Waller MUD District 12 in place w/ public water & sewage & two water wells. $6.50 per sq ft

Lot PT TR 2F

Price $6
Price Per AC $0.38
Lot Size 15.60 AC

15.6 acres w/ no pipelines, in zone X Flood zone, contiguous to the 25.6 acres on corner. Ready for commercial development w/electrical on site & 1 water well. HARRIS/WALLER MUD 12 could easily be extended to entire 41.2 acres. $6 sq ft.

Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0430170000002
  • 0430170000022
  • 0430170000032
Land Assessment
$732,577
Improvements Assessment
$346,217
Total Assessment
$1,078,794
  • Listing ID: 40685761

  • Date on Market: 5/27/2026

  • Last Updated:

  • Address: 32810 Knebel Rd, Waller, TX 77484

Contact the Sale Advisor

32810 Knebel Rd

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