The listing, located between Barker Cypress Road and Fry Road on Hwy. 290, features three large lakes, including one spring fed lake, a wet weather lake, a private well and proximity to Cypress Creek.The site, located between Barker Cypress Road and Fry Road on U.S. 290, features three large lakes, including one spring-fed lake, a wet-weather lake, a private well and proximity to Cypress Creek.The property, which entered the market this week, is listed for $8.5 million by Compass.
“The land could be ideal for single or multifamily development, commercial development, or even recreational development as in the past,” the listing states. “There are very few parcels of land available in this size and area, it could even be an outstanding single-family sanctuary without having to leave town.”The property also used to be the Houston Hot Well Hotel and Sanitarium between the 1900s and 1950s.