$18,500,000
1,425.00 acres | #55813409

Description

Unlock an extraordinary opportunity to shape development on this one-of-a-kind property in Sour Lake, Texas. This property is located just 15 min from a major hwy in Beaumont with rail access, pipeline corridor, and high voltage transmission lines south of the property. This infrastructure is close enough for development for multiple uses, while being distant enough to keep options open for residential. A recently approved well site on the property will be an ETJ of Sour Lake with above ground storage to tie into their existing water supply system. The majority of the property lies beyond flood zones, mitigating risks for a secure foundation for your development aspirations. Set to occupy the northern 17-acres, the future Sour Lake Intermediary School will anchor the plan. TXDOT's plans to widen Highway 105 will enhance accessibility to the area. Seize this high-yield opportunity in a growing region, leveraging its growth trajectory for a lucrative investment.

  • Property Details
      • Lot description:Can Be Subdivided, Level, 50 or more Acres, Cleared
      • Acres:1425
      • Property type:Purchase
      • Utility source:Well
      • Utility features:Natural Gas Available, Cable Available, Electricity Available
      • Subdivision:Stephenson H
      • School district:163 - Hardin-Jefferson
      • Elementary School:SOUR LAKE ELEMENTARY SCHOOL
      • Middle School:Henderson Middle School (Hardin Jefferson)
      • High School:HARDIN-JEFFERSON HIGH SCHOOL
      • County:Hardin
      • Taxes annual:$7, 795
      • MLS #:55813409
      • Cost:18500000
      • Property subtype:Lots
      • MLS #:55813409

Location

SDR TeamReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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