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$279,786

16895 Fm 1485 Road, Conroe, TX, 77306

On MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

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

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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
$440
$27,825
2025
$27,825
N/A
$27,825
No

Tax History

Year
Tax Paid
Assessed Value
2025
$440
$27,825

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$277,000
100%
0%
$0/mo

City: Conroe

16895 Fm 1485 Road | Property Details | No Agent List