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FM 362 & FM 1488
Waller, TX 77484
FM 362 & FM 1488 189+/- ACRES · Land For Sale
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138.00 AC
Investment Highlights
- Superior connectivity to US 290 and Grand Parkway corridors with access to Houston and Austin markets.
- Adjacent to major residential developments and near future Town Center and educational campus expansions.
Executive Summary
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 138.00 AC |
| Property Type | Land | ||
| Zoning | Unrestricted | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 138.00 AC |
| Zoning | Unrestricted |
1 Lot Available
Lot
| Lot Size | 138.00 AC |
| Lot Size | 138.00 AC |
The subject property is fronting two major FM roads (FM 362, which runs from I-10 to US-290 @ Waller, TX to FM 1488) (FM 1488, which connects to I-45 east towards The Woodlands & SH 249, and US-290 to its western end).
Description
The tract’s generous size and unrestricted status provide unmatched versatility for multiple development concepts, including residential subdivisions, mixed-use projects, commercial sites, and large-format industrial operations. Surrounded by rapid residential expansion and major development initiatives, the site enjoys exceptional positioning amid economic catalysts such as the proposed Waller Town Center, Blinn Junior College campus, and corporate investments like H-E-B’s distribution complex. High traffic visibility along FM 362 and FM 1488 complements strong accessibility advantages, while agricultural exemption status and availability of utilities help drive significant operational value. This tract represents a rare scale for institutional or regional developers seeking a foothold in a county thriving under accelerated population growth and infrastructure upgrades.
Property Taxes
| Parcel Numbers | Improvements Assessment | $9,000 | |
| Land Assessment | $20,840 | Total Assessment | $380,978 |
