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5784 County Road 123, 
Iola, TX 77861

$3,596,000


Bed


Bath


-

Sq Ft


Farm

Active

Listed by

Kristen Serrato

Jla Realty

713-489-8130

Last updated:

September 17, 2026, 11:55 AM

MLS#

72381661

Source:

HARMLS

About This Home

5784 County Road 123

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.

Home Facts

Farm

Built in 1947

Subdivision & Development:

H CARHART

Price Summary

3,596,000

MLS #:

72381661

Last Updated:

September 17, 2026, 11:55 AM


Structure

Structure

Year Built:

1947


Lot

Lot Size (Sq. Ft):

9,430,740


Finances & Disclosures

Finances

Price:

$3,596,000

Source:HARMLS
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.