~55 Acres with ~1558′ FM 359 Rd Frontage by US-90 & Richmond

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Property Detail

Home Information
  • Price

    : $11,961,576.00 

  • MLS No

    : 84914834

Custom Information
  • County :

    Fort Bend

  • Subdivision :

    Wm Morton

  • Acreage :

    54.92

  • School Dist. :

    Lamar Consolidated

  • Status :

    Active

Property Description

54.92 Acres w/~1558′ FM 359 Road Frontage Close to Richmond, Sugar Land, US-90A, I-69/US-59 & TX-99. FM 359 is a Major North/South Artery in Fort Bend County. Property has Easy Access to Westpark Tollway to the North, TX-99/Grand Pkwy to the NE, US-90 & I-69/US-59 to the South. Recent Traffic Counts on FM 359 Show 22,180 cars Passing the Property Daily. Plans Call for Mason Road to Run from FM 359, just North of the Property, Directly to TX-99. The Grand Pkwy/TX-99 (Houston’s 3rd Loop) will span 180+ miles from League City-Rosharon-Katy-Tomball-Baytown when done (See Map)! Per Seller Property Did Not Flood During Harvey. Property Lies in 100-Yr Flood Plain. Property has Two Homes & Outbuildings which Do Not Contribute Significant Value to the Property & are Being Sold As-Is. 3911 Sqft Home was Built in 1970 with a Pool, Carport & 1900 sqft Cover. 1,530 Sqft 2nd Home was built in 1935 with Garage & Carport. Homes are Currently Being Leased and Inside Access to Homes Will Not be Granted on 1st Showing. Do Not Disturb Tenants! 24-Hour Notice to Scheduled Showing Preferred. See Agent about Utilities. Lamar Consolidated ISD. Outside Richmond City Limits, but within the Extraterritorial Jurisdiction (ETJ) of Richmond. Property would be Perfect as a Mixed-Use Development of Higher Density Residential on the Back Acreage with Office & Retail Sites Along FM 359. Buyer to Purchase Survey!

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