$3,596,000
216.5± Acres
Active
Grimes County, TX
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5784 County Road 123, Iola, Texas

MLS ID: 72381661
Status: Active
Price: $3,596,000
Acres: 216.5±
Type: Farm, Land
Address: 5784 County Road 123
City, State: Iola, TX
County: Grimes County
ZIP Code: 77861
Lat/Long: 30.764924, -96.049398
Parcel Number: R15998
Year Built: 1947

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.

Directions: Coming from Houston take I-45 North, take exit 60 C 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.

Additional Information

Interior

Cooling: Attic Fan, None, Window Units
Heating (Yes/no): Yes
Heating: Propane

Exterior

Architectural Style: Farmhouse
Horse Amenities: Horses Allowed
Lot Features: Cleared, Wooded, Mobile Home Allowed
Lot Size Units: Square Feet
Road Responsibility: Public Maintained Road
Road Surface Type: Gravel, Other
Water Source: Well

Financial/HOA/Schools

Additional Parcels (Yes/no): Yes
Additional Parcels: R19191
Days On Market: 8
Elementary School: IOLA ELEMENTARY SCHOOL
Elementary School District: 171 - Iola
Middle School: IOLA HIGH SCHOOL
Middle School District: 171 - Iola
High School: IOLA HIGH SCHOOL
High School District: 171 - Iola
Subdivision Name: H Carhart
Tax Annual Amount: 242

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Chad Andrus

Chad Andrus

Houston, Texas

(832) 402-9211

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Copyright 2026, Houston REALTORS® Information Service, Inc. The information provided is exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Listed By: Kristen Serrato of Jla Realty - (832) 390-8203