5784 COUNTY ROAD 123, IOLA, TX 77861
Homes for sale in Iola.
Homes for sale in 77861.
List Price$3,596,000
5784 COUNTY ROAD 123
Iola, TX 77861
Listing #72381661
Farm
Type
About This Property
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 Features
Location Information
County
Grimes
Longitude
-96.049398
MLS Area
Bedias/Roans Prairie Area
Subdivision
H CARHART
Latitude
30.764924
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.
Exterior Features
Style
Farmhouse
Is a Horse Property
Yes
Is New Construction
No
Acre Range
50 or more Acres
Parking Description
None
Lot Description
Cleared, Wooded, Mobile Home Allowed
Has Garage
No
Lot Size in Acres
216.5
Garage Spaces
0
Lot Size in Sq. Ft.
0
Has a Pool
No
Is One Story
No
School
School District
Iola
Middle School
IOLA HIGH SCHOOL
Elementary School
IOLA ELEMENTARY SCHOOL
High School
IOLA HIGH SCHOOL
Additional Information
Finance Available
Cash, Conventional
Year Built
1947
Property Type
FRM
Status
Active
Similar Listings
Mortgage Calculator
$16,793
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$12,958
Monthly Tax
$2,996
Monthly Insurance
$839
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing Courtesy of: JLA Realty
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HAR - Houston data last updated at June 7, 2026, 9:59 PM CT
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