Last 24 Hours
$3,500,000
24642 Highway 59, Porter, TX, 77365
On Market
Just Added
— Beds
— Bath
1,312 Sq Ft
Built in 2005Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms —
Bathrooms —
Heating Forced Air Unit
CoolingExterior
Lot Size22,215 sqft
Building Information
Year Built2005
Land Information
APN9260-01-08600
Lot Number20-B
SubdivisionTimberlane Acres 01
Land UseCommercial
Legal DescriptionTIMBERLANE ACRES 01, BLOCK 6, LOT 20-B, ACRES 0.510
Census Tract692303
Assessed Land Value$166,613
Assessed Improvement Value$71,787
Assessment Year2025
About this property
The property at 24642 US Highway 59, Porter, TX 77365 is a commercially zoned parcel located in the Timberlane Acres Section 1 subdivision in Montgomery County, Texas. Positioned directly along the busy US-59 corridor, the site offers high visibility, easy access, a consideration for future development. Its classification is commercial and can support a wide range of potential business uses. 4.2-acre commercial lot with 220’ Hwy 59 frontage in Porter, TX. Features heavy stabilization, full fencing, and 3 access points. Less than 3 miles from TX-99 for excellent regional connectivity.
Investor Tools
$0Estimated Mortgage Balance
$238,400Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$21,000 /month
Positive
Cash Flow Estimate:
$7,000 /month
Interested in this property?
ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$808/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,498
$238,400
2025
$166,613
$71,787
$238,400
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,498
$238,400
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$238,400
100%
0%
$0/mo
12.4%