Home Highlights
Single-Family Home
Built in 1947
216.5 acre lot
Local Information
- Map ViewExplore the area around 5784 County Road 123.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
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.
Last check for updates: about 7 hours ago
Listing courtesy of Kristen Serrato TREC #0767472, (832) 390-8203
JLA Realty
Source: HAR, MLS#72381661
Also Listed on HAR.
Home Details for 5784 County Road 123
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Heating & Cooling Heating: PropaneHas CoolingAir Conditioning: Attic Fan,None,Window Unit(s)Has HeatingHeating Fuel: Propane |
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Exterior Home Features No Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageParking: Driveway Gate,No Garage |
Frontage Road Surface Type: Gravel, Other |
Water & Sewer Sewer: Septic Tank |
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Days on Market: 98 |
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Year Built Year Built: 1947 |
Property Type / Style Property Type: FarmProperty Subtype: Farm |
Building Not a New ConstructionHas Additional Parcels |
Property Information Parcel Number: R15998Additional Parcels Description: R19191 |
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Price List Price: $3,596,000 |
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MLS Status: Active |
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Direction & Address City: IolaCommunity: H Carhart |
School Information Elementary School: Iola Elementary SchoolJr High / Middle School: Iola High SchoolHigh School: Iola High SchoolHigh School District: 171 - Iola |
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Listing Agent Listing ID: 72381661 |
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Lot Area: 216.5 Acres |
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Listing Terms: Cash, Conventional |
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Mls Number: 72381661 |
Around this home
What Locals Say about Iola
At least 4 Trulia users voted on each feature.
100 % Say car is needed
100 % Say there's holiday spirit
100 % Say yards are well-kept
100 % Say there's wildlife
100 % Say parking is easy
71 % Say it's quiet
67 % Say they plan to stay for at least 5 years
67 % Say kids play outside
56 % Say neighbors are friendly
50 % Say people would walk alone at night
43 % Say it's dog friendly
33 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Iola
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
28
9MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.27 | Single-Family Home | - | 03/16/26 | 3 | 2.5 | 1,817 | |
1.46 | Single-Family Home | - | 04/24/26 | 3 | 2 | 1,320 | |
1.54 | Single-Family Home | - | 04/01/26 | 3 | 2 | 1,376 | |
1.63 | Single-Family Home | - | 12/01/25 | 4 | 2 | 2,108 | |
1.66 | Single-Family Home | - | 06/30/26 | 4 | 2 | 2,019 | |
1.65 | Single-Family Home | - | 11/25/25 | 2 | 1.5 | 1,025 | |
1.82 | Single-Family Home | - | 10/03/25 | 4 | 3 | 2,170 | |
1.86 | Single-Family Home | - | 06/30/26 | 2 | 1 | 1,080 | |
1.99 | Single-Family Home | - | 04/30/26 | 3 | 2.5 | 1,627 | |
2.00 | Single-Family Home | - | 09/19/25 | 4 | 2.5 | 2,342 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.36 | - | - | - | - | Off Market | |
0.80 | - | - | - | - | Recently Sold | |
0.87 | $360,500 | 2 | 2 | 1,402 | Off Market | |
0.99 | $645,600 | Studio | - | - | Off Market | |
1.14 | $212,500 | - | - | - | For Sale | |
1.11 | $429,300 | 4 | 3 | 2,613 | Off Market | |
1.21 | $199,000 | - | - | - | For Sale | |
1.27 | $289,000 | - | - | - | For Sale | |
1.27 | - | - | - | - | Off Market | |
1.28 | $2,058,000 | - | 1 | 1,088 | For Sale | |
1.27 | - | 3 | 2.5 | 1,817 | Recently Sold |
Price and Tax history
| Date | Event | Price |
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Jun 5, 2026 Source: HAR #72381661 | Listed For Sale | $3,596,000 |
Jan 15, 2026 Source: HAR #16726747 | ListingRemoved | $540,000 |
Aug 11, 2025 Source: HAR #16726747 | Listed For Sale | $540,000 |
| Year | Property tax | Tax assessment |
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| 2025 | $270 | $213,770 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Kristen Serrato, JLA Realty
Agent Phone: (832) 390-8203
Copyright 2026, Houston REALTORS® Information Service, Inc.
The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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New Listings near 5784 County Road 123
Frequently asked questions about 5784 County Road 123
- What is the estimated monthly payment for 5784 County Road 123?Based on a $3,596,000 list price with 20% down at today's rates, the estimated monthly payment for 5784 County Road 123 in Iola, TX is approximately $22,666 (about $19,325 principal & interest, $3,266 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What are the closest schools to 5784 County Road 123?The closest schools to 5784 County Road 123 in Iola, TX are Iola Elementary School (Pre-K, rated 6/10), Iola High School (Middle, rated 9/10).
- Does 5784 County Road 123 have air conditioning?Yes, 5784 County Road 123 in Iola, TX has air conditioning.
- How big is the lot at 5784 County Road 123?The lot at 5784 County Road 123 in Iola, TX is about 216.5 acres.
- Does 5784 County Road 123 have a garage?Yes, 5784 County Road 123 in Iola, TX has a garage.
5784 County Road 123, Iola, TX 77861 is a single-family home built in 1947. This property is currently available for sale and was listed by HAR on Jun 5, 2026. The MLS # for this home is MLS# 72381661.