8117 Fm 359

Brookshire, TX 77423
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Sold
Sold
$2,501,001 - $2,879,000
Sold on December 11, 2023
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60.61 Lot Acres
Country Homes/Acreage

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables
AVM Value
$2.63M
AVM Value
$1.37M
Value Range
$2.63M - $2.63M
Value Range
$ 1,369,593
Confidence Score
NA
Confidence Score
NA
Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.
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Description

The property is located in an opportunity zone, which typically offers certain tax benefits to investors. Additionally, its proximity to major highways (I-10 and Hwy 290) makes it easily accessible and well-connected. Access to 3-phase electricity: Having access to 3-phase electric power is a significant advantage, especially for commercial or industrial purposes, as it allows for more efficient and reliable electricity distribution.Cleared and fully fenced. Ample road frontage: With approximately 1133 ft of road frontage on FM 359, the property has good visibility and accessibility, making it suitable for various types of businesses. Potential for agricultural use: The wide-open spaces and fully fenced aspect of the property make it suitable for cattle or horse farming. Not in a Flood Zone. NO rollback taxes.

Documents
MLS#
72585446
Sold Price Range
$2,501,001 - $2,879,000
Listing Status
Sold
Address
8117 Fm 359
City
State
TX
Zip Code
County
Subdivision
NONE
Legal Description
ABS A317700 A-177 H & T C R R CO TRACT 3-1 ACRES 60.605
Property Type
Country Homes/Acreage
Land Use
CATTL,HRSFM,HRSAL,LEISR,MOBIL,OTHER,UNRST
Lot Size
60.61 Lot Acres./Appraisal District
Road Frontage
Farm to Market
Market Area

Exterior

Private Pool
No
Lot Description
Cleared
Garage Carport
Driveway Gate
Controlled Access
Driveway Gate
Water Sewer
No Water, No Sewer
Road Surface
Asphalt

Lot information

Lot Size
2,639,950 Sqft./Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Financing Considered
Cash Sale, Conventional, Investor, Owner Financing, Texas Veterans Land Board, USDA Loan
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$43,206/2022
Tax Rate
1.9476

Additional information

List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
3%
Sub Agent Compensation*
1.5%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Estimated electricity cost

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Property tax

Cost/Sqft based on tax value

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Source

Houston Association of REALTORS
Source last updated Apr 19, 2024 at 10:07 PM
Listing last updated Dec 12, 2023 at 11:57 AM

8117 Fm 359, Brookshire, TX 77423. View photos, map, tax, nearby homes for sale, home values, school info...