LKV Realty
Logo
$3,596,000
$7,200Reward *
5784 COUNTY ROAD 123, Iola, TX 77861Listing ID 72381661

5784 COUNTY ROAD 123, Iola, TX 77861

Active
H CARHART
Time on site: 67 daysLast updated: Aug 1, 2026
Property Type
Property Type
Farm
Property Sub Type
Property Sub Type
-
Acres
Acres
216.5
Days on Site
Days on Site
61
Cooling
Cooling
Attic Fan, None, Window Unit(s)
Heating
Heating
Propane
Year Built
Year Built
1947
Parking
Parking
None

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 Information

Property Details

Location

Address
5784 COUNTY ROAD 123
County
Grimes
City
Iola
Zip Code
77861
Subdivision
H CARHART
School District
171 - Iola
High School
IOLA HIGH SCHOOL
Elementary School
IOLA ELEMENTARY SCHOOL
MLS Area
60

Interior Features

Heating and Cooling

Cooling
Attic Fan, None, Window Unit(s)
Heating
Propane

Building

Building Information

Year Built
1947

Property Taxes

Tax Annual Amount
$242
Tax Year
2025
JLA Realty, (713) 489-8130

Market Report for 77861

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Houston REALTORS® Information Services, Inc.
Houston REALTORS® Information Services, Inc. logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2026 Houston Realtors Information Services, Inc. All information provided should be independently verified.

For corrections to this data please contact Brytecore MLS Support.

KOLNEY