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$557,000

NAL Estimated Property Value

367 Hanna Road, Spring, TX, 77386

Off MarketInfo
Baths0 Bath
Baths1,000 Sq Ft

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1

Exterior

Lot Size1.72 acres

Building Information

Year Built1960
Stories1
Roof Type105

Land Information

APN0350-00-00611
SubdivisionMontg Co Sch Land
Land UseResidential
Legal DescriptionA0350 MONTG CO SCH LAND, TRACT 6-D, ACRES 1.722
Census Tract691801
Assessed Land Value$86,100
Assessed Improvement Value$44,040
Assessment Year2025

About this property

Exceptional opportunity to acquire approximately 1.36 acres of unrestricted land at 367 Hanna Rd in the Spring / Oak Ridge North area. With frontage along Hanna Rd and utilities available, the property offers flexibility for residential or commercial use, subject to buyer due diligence and intended plans. This parcel sits directly adjacent to 26231 Hanna Rd (1.00 acre), which is also available. Buyers may purchase this lot individually or combine both properties for a total of approximately 2.36 contiguous acres, creating added scale and development potential in a high-growth corridor. Backing to an established residential neighborhood and located just minutes from I-45 and The Woodlands, the property provides convenient access to major employers, retail, and dining while maintaining a residential setting. Whether building now, developing, or holding for long-term appreciation, 367 Hanna Rd presents a strategic land acquisition with optional expansion next door.

Investor Tools

Property Icon
$557,000
Estimated Property Value
$0Estimated Mortgage Balance
$557,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,377 /month
Positive
Cash Flow Estimate:
$1,126 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$402/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,039
$130,140
2025
$86,100
$44,040
$130,140
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,039
$130,140

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$557,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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: Spring

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367 Hanna Road | Property Details | No Agent List