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SWQ Field Store Road and Knebel Road Rd
Waller, TX 77484
Oakwood Estates Commercial Reserves · Land For Sale
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9.96 AC
Investment Highlights
- Establish a retail presence in one of the Houston area's most dynamic and rapidly expanding submarkets
Executive Summary
A Hub of Residential Growth
The subject site is strategically positioned to capture a significant and expanding customer base. It is part of the 183-acre Oakwood Estates, a single-family home community that will feature 563 homes upon completion. This development, with homes ranging from 1,800 to 3,000 square feet and priced from the $250,000s to the $400,000s, is attracting a diverse range of residents. The community is being developed by four national homebuilders: David Weekley Homes, Ashton Woods Homes, Gehan Homes, and K. Hovnanian Homes, ensuring a steady influx of new households.
The immediate area is experiencing a residential boom, with the following data illustrating the dynamic growth:
Property Facts
1 Lot Available
Lot
| Lot Size | 9.96 AC |
| Lot Size | 9.96 AC |
This 9.96-acre tract is situated within Ashton Gray's thriving Oakwood Estates master-planned community, offering a prime location to serve a burgeoning residential population.
Description
Economic Vitality and Strategic Location The city of Waller is not just a bedroom community; it is a significant employment hub, further strengthening the potential for retail success. The area is home to major employers like Daikin, which operates a 4.23 million-square-foot campus, one of the largest factories in the U.S. The development of business parks, such as the one adjacent to Beacon Hill, is set to bring more restaurants, retail, and office space to the area, creating a vibrant live-work-play environment. The site's location at the corner of Field Store Road and Knebel Road offers excellent visibility and accessibility. It is conveniently located just a few miles from major transportation arteries, U.S. Highway 290 and the Grand Parkway (State Highway 99), providing easy access for both local residents and commuters. This 9.96-acre site, with the potential for pad sites, represents a unique opportunity to establish a retail presence in one of the Houston area's most dynamic and rapidly expanding submarkets. The combination of significant, sustained residential growth and a strong local economy makes this an ideal location for a variety of retail uses. Current Activity (4Q 2025): 602 new homes started annually 442 homes closed annually 252 homes currently under construction 330 homes in current inventory Future Growth: 982 lots ready for development 3,854 lots planned for future development A total of 4,836 additional homes are anticipated in the area. This explosive growth is not limited to a single development. The Waller area is home to numerous other master-planned and residential communities, including: Jubilee: A 1,622-acre wellness-focused community by Johnson Development. Oakberry Trails: A 200-plus acre community offering a peaceful setting. Beacon Hill: A 270-acre development with 867 homesites and an adjacent 300-acre business park. Bellamina: Another new master-planned community contributing to the area's transformation. Lakeview: A community featuring spacious acreage lots centered around a 45-acre lake. Windy Hill Development: A recently announced project that will add approximately 1,000 new homes.
