21520 Fm 362 RdWaller, TX 77484

This exceptional 61-acre tract presents a compelling development opportunity in rapidly growing Waller, Texas. Strategically located just 1.3 miles from Highway 290, this property boasts over 1,300 feet of frontage on FM 362. Its prime location is underscored by its proximity to established and burgeoning residential communities; it backs up to the 573-lot Oakwood Estates neighborhood, and the 1200-lot Attwater development is under construction across FM 362. The property is surrounded by numerous other developments, highlighting its position within a rapidly expanding area. Further enhancing its appeal are four schools within a three-mile radius. The property is unrestricted and benefits from an agricultural exemption, offering flexibility for various development scenarios or use as a private homestead. The property includes a substantial 4,492-square-foot, four-bedroom, 3.5-bathroom home complete with a swimming pool, two outbuildings, two wells, and is fully fenced and cross-fenced. Two on-site ponds add to the property's aesthetic appeal and overall versatility. The asking price for this remarkable property is $6,990,000. Its strategic location, unrestricted zoning, and existing improvements make it highly attractive for a wide range of commercial uses in a market poised for significant expansion.