5784 COUNTY ROAD 123 Iola, TX $ 3,596,000
5784 COUNTY ROAD 123
$ 3,596,000
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5784 COUNTY ROAD 123

Iola, TX, 77861
$ 3,596,000
Baths0.0

Monthly Estimate*

$ 22,141

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Studio

Farms/Ranches for sale in Iola, TX

for $3,596,000. This property was built in 1947 on a lot size of 216.5.

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.

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Farms/Ranches Active

Price

$ 3,596,000

Bedrooms

Studio

Property Type

Farms/Ranches

Taxes

$ 242

Style

Lot Size

216.5

Year Built

1947

Town/City

Iola

County/Region

Grimes

MLS | Web ID

72381661

Features
General
Sewer SepticTank
Heating Propane
Cooling AtticFan None WindowUnits
Garage Spaces 0
Architectural Style Farmhouse
Security Features SecurityGate
Year Built 1947
Tax Year 2025
Additional Parcels Description R19191
County Grimes
New Construction false
Property Type Farm
Subdivision Name H CARHART
Possible Use Agricultural Cattle Horses Hunting Other Ranch Recreational Timber
Garage Y/N false
Status Active
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.
High School IOLA HIGH SCHOOL
City Iola
Disclosures None
High School District 171 - Iola
MLS Area 60
Lot Size Units SquareFeet
Elementary School IOLA ELEMENTARY SCHOOL
Tax Annual Amount 242
Middle/Junior High School IOLA HIGH SCHOOL
MLS Area Minor Bedias/Roans Prairie Area
Additional Parcels Y/N true
Lease Considered Y/N false
Structure Type House
Standard Status Active
Occupancy Type Vacant
Middle/Junior School District 171 - Iola
Elementary School District 171 - Iola
Year Built Source Owner
Legal Description A0164 H CARHART TRACT 26 ACRES 216.50 +/-
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Interior
Air Conditioning Y/N false
Heating Y/N true
Total Baths 0
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Exterior
Vegetation PartiallyWooded
Parking Features None
Lot Features Cleared Wooded MobileHomeAllowed
Water Source Well
Lot Size Acres 216.5
Road Surface Type Gravel Other
Road Responsibility PublicMaintainedRoad
Horse Amenities HorsesAllowed
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* Excluded Features
List By
Jla Realty

Broker

kristenserrato.jla@gmail.com

Email

Affordability Calculator

$22,161
Per Month
100%
0%
0%
Monthly Principal & Interest
$22,141
Monthly Property Taxes
$20
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
IOLA HIGH SCHOOL High School High School
Pricing History
DatePricePrice ChangeDescription
6/5/2026$3,596,000 3.04% Price Up
6/5/2026$3,490,000 Listed Price

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5784 COUNTY ROAD 123, Iola, TX, 77861 is a Farms/Ranches for sale at $3,596,000 with a lot size of 216.5. 5784 COUNTY ROAD 123 is a studio with 0.0 baths and was built in 1947. The property's zip code is 77861 which is in Iola, TX