Highway 61 - 115 Acres for Development (Highway 61) 115.9 Acres of Commercial Land Offered at $4,185,000 in Hankamer, TX 77560

Riverview Estates presents a compelling large-scale residential development opportunity encompassing approximately 115.9 acres with an established preliminary subdivision layout supporting approximately 84–85 single-family residential lots. The project is designed with internal roadways, utility easements, building setbacks, and drainage infrastructure already contemplated in the site plan, significantly reducing upfront entitlement risk for a future developer.
The preliminary plat outlines a thoughtfully designed neighborhood featuring generously sized lots (generally ranging from approximately 0.75 to 1.1 acres), wide rights-of-way, and multiple internal streets, creating an attractive low-density residential environment well-suited for today’s suburban homebuyer. Utility planning includes water, sanitary sewer, drainage, and utility easements coordinated with Trinity Bay Conservation District standards, supporting future horizontal development
RIVERVIEW ESTATES SITE PLAN 84 …
Currently zoned and assessed for agricultural use, the property offers investors and developers a clear path to value creation through phased residential development. The site’s size allows flexibility for phased absorption, builder partnerships, or bulk lot sales. With limited competing large-tract residential land in the immediate Hankamer area and continued population expansion east of Houston, Riverview Estates is well positioned to capture growing demand for new single-family housing.