Colony Retreat

Netra Capital and a two member partner team acquired a high potential large parcel of land in Iowa Colony, Texas totaling 105 acres. Once a sleeping suburb 23 miles from Houston, Iowa colony has experienced a recent surge in economic development owing to TX Hwy 288 expansion project that aims to enhance accessibility to the Texas Medical Center and Downtown Houston. A 180-mile circumferential Grand Parkway project is underway, traversing seven counties in the Greater Houston area cutting Hwy 288 just past Iowa colony. The proximity to Houston and Pearland coupled with major access ways makes this small town in Brazoria County an investor’s dream.
The subject property is located at the intersection of County Roads 48 and 57 both of which run through Highway 288. Acclaimed Meridiana residential development is adjacent to the property. A stone’s throw away from the subject property are Meridian Elementary School, Alvin ISD’s 10,000 capacity sports complex – Freedom Field and proposed Iowa Colony High School.
This offering is for a planned development of single-family residential community with 300 homes and two retail strips. Extensive feasibility studies are ongoing currently, including floodplain mapping, detention design, project land planning and site design.


  • Retail shopping strips 2
  • Single-family homes 300

Market Summary

Iowa Colony is adjacent to Manvel and Alvin cities that became the destination for Houstonians looking to live away from center of town to less hectic suburban edges. With Meridiana, Sierra Vista, Sterling Lakes, Presidio, Pomona and 6 other residential developments in the area, the city is struggling to keep up with the retail needs of the residents. New retail development called Manvel Town Center is a few miles away from this property. Iowa colony which is south of Manvel is the answer for commercial development which Netra Capital aims to take advantage of. The city boasts a projected resident population growth to 130,000 in 20 years focusing on development. Manvel City median household income is $90,000 with 90% residents with white collar jobs.

Keeping these factors in consideration, City’s Economic Development Corporation strongly backs the private investors willing to meet the city’s growth needs.

Some of the major landmarks and their distance from this property:
Access to Texas Hwy 6 is within 3 miles
Pearland Town Center 10 is mins away
Houston Hobby Airport is 20 mins away
Sugarland is 20 mins away
Texas Medical Center is 25 mins away
Downtown 25 mins away
NASA and Houston Ship Channel 30 mins
DOW & BASF chemicals 30 mins away


Iowa Colony population in 2018 is 1896 residents. The population density is 263.56 people/mi² (101.76 people/km²). The overall median age is 40.8 years, 40.8 years for males, and 40.9 years for females. For every 100 females there are 103.5 males. Based on data from the American Community Survey, in 2017 there were households in the city, with an average size of 3.1 people per household. The median income for households in Iowa Colony, Texas is $92,679, while the mean household income is $109,290.
Population by Race: