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$227,514

NAL Estimated Property Value

16856 Fm 1485 Rd, Conroe, TX, 77306

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths5,636 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$35.31 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling

Exterior

Lot Size20,299 sqft

Building Information

Year Built1986
Garage Spaces4

Land Information

APN0420-00-08903
SubdivisionPrewett Beasley
Land UseOther / Unknown
Legal DescriptionA0420 PREWETT BEASLEY, TRACT 89-A, ACRES 0.466
Census Tract692601
Assessed Land Value$30,449
Assessed Improvement Value$197,065
Assessment Year2025

About this property

This property offers an opportunity to own a piece of prime land with FM 1485 Frontage in a high-traffic area. Great for redevelopment. 3,000 SF Main building and multiple office spaces give this property rental income potential. This property offers endless possibilities in a high-growing area. Minutes from Grand Texas Theme Park & Valley Ranch Town Center. Easy access to Hwy 242, Grand Pkwy & I-69 (Hwy 59) & 20 minutes from Houston and IAH Bush Airport.

Investor Tools

Property Icon
$227,514
Estimated Property Value
$0Estimated Mortgage Balance
$227,514Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,365 /month
Positive
Cash Flow Estimate:
$455 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$453/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,301
$227,514
2025
$30,449
$197,065
$227,514
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,301
$227,514

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$227,514
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Conroe

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16856 Fm 1485 Rd | Property Details | No Agent List