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$279,786

16895 Fm 1485 Road, Conroe, TX, 77306

On MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.36 acres

Land Information

APN0420-00-02100
SubdivisionPrewett Beasley
Land UseResidential
Legal DescriptionA0420 PREWETT BEASLEY, TRACT 21, ACRES 1.360
Census Tract692701
Assessed Land Value$27,825
Assessment Year2025

About this property

This 1.36-acre parcel of land, located at the intersection of FM 1485 and Firetower Road, is an excellent development opportunity. Once home to a convenience store in the 1990s, the property has had its gas tanks removed and is now ready for new development. With convenient access to HWY 59 and HWY 242, it is ideally suited for commercial or retail use. The land is just 4.5 miles from the East Montgomery County Industrial Park, a key area for industrial and business growth. It’s also only 5.6 miles from Valley Ranch/Grand Parkway 99 and 5.9 miles from the Grand Texas Entertainment Area, making it a strong candidate for retail or entertainment projects. Its central location, 15 miles from The Woodlands and Conroe, 19.3 miles from George Bush Intercontinental Airport (IAH), and 34.6 miles from Downtown Houston, offers easy access to key areas and makes it an appealing spot for businesses and developments.

Investor Tools

$0Estimated Mortgage Balance
$277,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,679 /month
Positive
Cash Flow Estimate:
$560 /month

Interested in this property?

Aqeel Virk

Keller Williams Realty Southwest

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$152/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$441
$27,825
2025
$27,825
N/A
$27,825
No

Tax History

Year
Tax Paid
Assessed Value
2024
$441
$27,825

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$277,000
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.

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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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16895 Fm 1485 Road | Property Details | No Agent List