The sale of 469 acres located at the northwest corner of FM 362 and Owens Road is the second-largest land sale by acreage in Waller—and the eighth-largest land sale by acreage in the entire Greater Houston area—completed in the last 12 months, according to CoStar data. Alex Makris and Jeff Pittman of NAI Partners’ land sales team represented the seller/land owner in the transaction.

“Waller County continues to experience exponential growth underscored by both this 469-acre deal, as well as the 564-acre Beacon Hill parcel in which Jeff and I also represented the land owner in the sale to Wolfe Companies, and it’s gratifying having the opportunity to play a small role in helping our local communities expand with the prospect of quality developments,” said Makris. “This tract at FM 362 and Owens Road will most likely become a first-class single-family master-planned community and bring in much needed single-family residential to the Waller area.”

The property is located immediately north of the aforementioned Beacon Hill development along FM 362, just north of the Buc-ees on Highway 290.