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$385,000

24077 Fm 1485 Road, New Caney, TX, 77357

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths1,152 Sq Ft
price_per_sqft$334.2 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesRange, Disposal, Microwave, Refrigerator

Exterior

Exterior FeaturesBalcony
Lot Size1.38 acres

Land Information

APN9534-00-02100
Lot Number20,21
SubdivisionWildwood Forest
Land UseResidential
Legal DescriptionS953400 - WILDWOOD FOREST, LOT 20, 21, ACRES 1.38
Census Tract692802
Assessed Land Value$12,605
Assessment Year2025

About this property

Commercial or Residential use property directly located on FM 1485 E and within minutes of Hwy 59 and the Grand Pkwy! Situated on approximately 1.38 acres, this property features two homes/offices, offering ample space for your business/residential needs. The main two-story home/office encompasses approximately 1152 sf, featuring 1 bedroom/office upstairs and 1.5 baths, while the adjacent home/office provides approximately 900 sf with 2 bedrooms/offices and 1 bath. The property also boasts a 70' x 40' x 20' high metal building ready to be used for your business! Prime unrestricted property for your commercial or residential needs!

Investor Tools

$0Estimated Mortgage Balance
$408,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,448 /month
Positive
Cash Flow Estimate:
$816 /month

Interested in this property?

Paul Olascoaga

Propel Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$194/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$292
$12,605
2025
$12,605
N/A
$12,605
No

Tax History

Year
Tax Paid
Assessed Value
2024
$292
$12,605

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$408,000
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.

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: New Caney

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24077 Fm 1485 Road | Property Details | No Agent List