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$64,500

12790 N Us Hwy 287, Grapeland, TX, 75844

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Baths0 Bath

About this property

HIGH-TRAFFIC COMMERCIAL LOCATION! Situated on N US Highway 287/State Highway 19 in Grapeland, this 1.579-acre commercial tract offers exceptional visibility and accessibility for your next business venture. Boasting over 340 feet of highway frontage along a high-traffic corridor, this property provides excellent exposure to both local and through traffic. Recently surveyed and ready for development, the tract is ideal for retail, office, restaurant, service-based businesses, or investment purposes. Electricity and Consolidated Water are available, making development even more convenient. Located in the heart of Grapeland, this prime commercial site presents a rare opportunity to establish your business in a highly visible location with strong growth potential. Don't miss out on this outstanding commercial offering!

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$387 /month
Positive
Cash Flow Estimate:
$129 /month

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Nancy Lawrence

Lawrence Realty

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Financing Details

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Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Grapeland

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