5784 County Road 123Iola, TX 77861

Description

Exceptional tract located in the rapidly growing Grimes County. Situated in a rural setting while surrounded by increasing residential and commercial development, this property offers outstanding potential for investors, developers, ranchers, or those seeking a large private estate. Featuring extensive road frontage, open pastureland, and scattered trees, the property provides multiple possibilities for future subdivision, residential development, agricultural use, recreational enjoyment, or a long-term land investment. The area’s continued growth and close proximity make this a rare opportunity to acquire a substantial acreage in an emerging market. Utilities are in place, further enhancing development potential. Mineral rights are available and providing value and investment appeal. Whether you’re looking to develop, hold for appreciation, create a family ranch, or establish a private retreat, this property offers endless possibilities in one of the region’s up-and-coming locations.

Property Information

Property type

Farm

Style

Farmhouse

Year built

1947

Lot size

216.50 acres

Days on market

128

MLS^® Listing#

72381661

Property Features

Cooling

Attic Fan · None · Window Unit(s)

Heating

Propane

Parking

No Garage · Gated

Lot features

Cleared · Wooded

Sewer

Septic Tank

Water source

Well

Schools

Elementary

Iola Elementary School

Middle

Iola High School

High

Iola High School

Financial Details

Annual taxes

$242Tax year 2025

Parcel number

R15998

Directions

Coming from Houston take I-45 North, take exit 60C Sam Houston Tollway, take the TX-249 N exit toward Tomball, take the exit toward FM 1774 N, turn right onto FM 1774 N, sharp right after the gas station (on the right) onto TX-90 N, turn left onto FM 39 N, sharp right onto Co Rd 123, property will be on the left hand side.