Last 24 Hours
$1,200,000
18424 Fm 1485 Rd, New Caney, TX, 77357
On Market
Just Added
3 Beds
2 Bath
1,464 Sq Ft
Single Family Residence
$819.67 / sqft
Built in 2008Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Heating Central
CoolingExterior
Lot Size5 acres
Building Information
Year Built2008
Stories1
Roof Type105
Land Information
APN0561-01-01500
Lot Number2
SubdivisionTorrey John F
Land UseResidential
Legal DescriptionA0561 A0561 - TORREY JOHN F, TRACT 1 BK 2 LT 2, SERIAL # UNK, TITLE # UNK, LABEL # UNK, ACRES 5
Census Tract692601
Assessed Land Value$225,000
Assessed Improvement Value$179,128
Assessment Year2025
About this property
With two existing residences, separate aerobic septic systems, and ample acreage, the property offers multiple possibilities for homeowners, investors, or developers. Enjoy the space and privacy of acreage while having the flexibility to explore its future potential. Whether you're looking for a private homestead, multi-generational living arrangement, investment property, or a site with development possibilities, this property is worth a look.
Investor Tools
$0Estimated Mortgage Balance
$373,370Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$567/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,934
$373,370
2025
$225,000
$179,128
$404,128
No
Tax History
Year
Tax Paid
Assessed Value
2025
$4,934
$373,370
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$373,370
100%
0%
$0/mo
12.4%