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23111 Fm 1462 Rd, Damon, TX, 77430

--beds
0baths
--sqft
$2,650,000
--price/sqft
$19,301/moest. monthly cost
$772,040/yrincome needed

About This Home

Invest in the future with this prime 65+/- acre UNRESTRICTED site with 9,562 SF commercial office building, barndominium and over 2000 trees on FM 1462 in Fort Bend County and zoned to Needville ISD! This tract is 5.5+/- miles south of the proposed Grand Parkway/Hwy 99, 7.5 miles from the master planned Austin Point subdivision and 300+/- feet from the intersection of FM 762 and FM 1462 which connects Hwy 36 and Hwy 288. The property boasts over 2,000 trees that could be sold, 2 large ground water-filled ponds w/ fountains and a 4" water well w/ 500 gallon tank. The rear 25+/- acres is fully fenced! The property is AG EXEMPT and, per the FEMA flood maps, is completely out of the flood hazard area except for 1+/- acres in the SW corner in the 500 year flood zone. With this area being primed for growth plus all the great improvements, this property is ideal for a gorgeous HOMESITE or residential/commercial development. Contact us now!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

9/10
Needville Middle SchoolGrades 4-69.6 mi
8/10
7/10
Needville High SchoolGrades 9-129.5 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Interior

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Ceiling Fan(s),Electric

Property

Details

  • Parcel number: 0022000008690906

Features

  • Stories: 1
  • Topography of land: Level

Lot

  • Lot size: 65.47 Acres
  • Features: Wooded,50 or more Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Tornado
Hurricane
Heat Wave
Inland Flooding
Lightning
Cold Wave
Drought
Ice Storm
Strong Wind
Wildfire

FEMA Declared Disasters Across Texas Counties

Flood
Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $13,399$160,788
Home Insurance *$1,385$16,620
Property Taxes $4,279$51,348
Electricity $238$2,859
Total$19,301$231,612
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$661,748/yr
40% on housing$579,030/yr
45% on housing$514,693/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.5%
6.5%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -3.0%
-3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 77430$410
Fort Bend County$184

vs Homes Sold Last Month

Median $/sqft

ZIP 77430$191
Fort Bend County$161

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-11-06Price change$2,825,000
2025-07-11Listed for sale$3,000,000
2025-07-01Pending sale$3,000,000
2025-05-09Listed for sale$3,000,000

For Sale by Agent

AgentLyle Muegge
BrokerageKeller Williams Realty Southwest

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