155.00 acres in Fort Bend County, Texas

$3,100,000

Contract Pending

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Property Details

County: Fort Bend
Address: FM 361
Zip: 77469
Type: Commercial Property, Farms, Undeveloped Land
City: Fairchilds
Price: $3,100,000

Acres: 155
State/Zip: Texas 77469
Status: Contract Pending

TALB Member:

Steve Bilicek | Broker

Office: 281-615-8117

Cell: 281-615-8117

1202 West Twin Circle Drive

Richmond, Texas, 77406

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Contact:

Steve Bilicek | Broker

Office: 281-615-8117
Cell: 281-615-8117
1202 West Twin Circle Drive
Richmond, Texas, 77406

Property Description

The Knuppel Farm is 155 acres or row crop farm land that is well suited for near-term development with a residential community. The property has about 2,260 feet of frontage on FM-2977 (Minonite Road) and about 3,000 feet of frontage on FM-361. According to the published FEMA maps this property does not appear have any known flood hazard areas, but this issue should be investigated independently by all interested parties. There are three pipeline easements crossing the northwest portion of the property. According to Oxford Economics Fort Bend County is projected to have the 6th fastest economic growth (3.1%) in the United States between 2017 and 2021. The property has a great location in the county within an easy drive of both IH-69 and Brazos Town Center. The owner is also very interested in seller financing. Seller is to retain 100% of all minerals owned. The property is currently ag-exempt for property taxation purposes and it is leased for farming.

Useful Documents

Property Map / Directions

From Brazos Town Center travel southwest on FM-2977 (Minonite Road) 7.5 miles to the intersection of FM-2977 and FM-361. The property is the northwest corner of this intersection.