Prime 57.99 acre Commercial Tract with approx. 880' of Hwy 36 frontage in a rapidly developing area of Austin & Fort Bend counties. Hwy 36 frontage, a main artery for transporting goods from the Port of Freeport to I-10, and just over a mile away from the intersection of 60 & 36, makes this tract a prime location for commercial development! With features like an Austin County addresses (known to be more "developer friendly" than Fort Bend County), 100% out of the flood zone and only 1/2 a mile from the City of Wallis' sewage plant and public water, this property also offers tremendous potential for residential development! Ask about PID and TIRZ w/ City of Wallis. The Brazos River Authority will be constructing a lake/reservoir across Hwy 36 from this property, enhancing future value appreciation. Only 31 miles from massive industrial development on I-10 in Brookshire that will create jobs and housing demand. Receive rental income from the house and barns, farming and grazing.