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Investment Highlights

  • High visibility new on/off ramp for US HWY 59 (I-69)
  • Easy access to major roadways: TX 242, FM 1494, Loop 494, and TX 99 (Grand Parkway)
  • Located near major retail, shopping, and dining options

Executive Summary

Excellent visibility along US Highway 59 North with 482 +/- feet of frontage. Property is located between the off and on ramps allowing easy access. Property could utilize access to Antique Lane to reach Loop 494. A long term (NNN) lease is in place with mulch company and with billboard company making this an excellent investment or to hold for future development if desired. Additional tract on south side of property also for sale by the same seller.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per AC (CAD)
Gross Rental Income $228,841 $21,307.37
Other Income $60,771 $5,658.38
Vacancy Loss - -
Effective Gross Income $289,612 $26,965.75
Taxes $70,020 $6,519.55
Operating Expenses - -
Total Expenses $70,020 $6,519.55
Net Operating Income - -

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $228,841
Annual Per AC $21,307.37
Other Income (CAD)
Annual $60,771
Annual Per AC $5,658.38
Vacancy Loss (CAD)
Annual -
Annual Per AC -
Effective Gross Income (CAD)
Annual $289,612
Annual Per AC $26,965.75
Taxes (CAD)
Annual $70,020
Annual Per AC $6,519.55
Operating Expenses (CAD)
Annual -
Annual Per AC -
Total Expenses (CAD)
Annual $70,020
Annual Per AC $6,519.55
Net Operating Income (CAD)
Annual -
Annual Per AC -

Property Facts

Price $4,767,525 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Hold For Development
  • Hold For Investment
Total Lot Size 10.74 AC
Opportunity Zone Yes

1 Lot Available

Lot

Price $4,767,525 CAD
Price Per AC $443,903.62 CAD
Lot Size 10.74 AC

This 10.74 acre tract is located between exit and entrance ramps to US Hwy 59 (I-69) in fast growing area of New Caney Texas. Main entrance to US Hwy 59, but a secondary entrance could be placed off Antique Lane for added ingress/egress.

Somewhat walkable
30/100
Exceptionally drivable
100/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0392-01-00100
  • 6240-00-00510
Land Assessment
$4,173,800 CAD
Improvements Assessment
$76,994 CAD
Total Assessment
$4,250,794 CAD
Annual Taxes
$70,020 CAD
Tax Year
2025
  • Listing ID: 39341527

  • Date on Market: 2026-02-05

  • Last Updated:

  • Address: 20611 US Highway 59, New Caney, TX 77357

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