11.36-acre development site strategically positioned directly at the frontage of TX-99 (Grand Parkway) where the freeway feather will be constructed. Rare opportunity to secure a large development site in an Opportunity Zone before completion of major Highway 99 infrastructure upgrades. Strong visibility, traffic exposure, and access make this an ideal play for multifamily or commercial users seeking long-term appreciation in one of East Montgomery County’s fastest-growing corridors.
Ideal for multifamily, mixed-use, or commercial development. Major planned upgrades to Highway 99 will further enhance accessibility and long-term value.
All utilities available, with a water well already on site, significantly reducing development timelines and upfront costs.
Additional 5-acre tract available approximately three lots down, offering expansion or phased development potential for $499,000, MLS# 85573207 - 0 FM 1485.
Lot/land
$4,900,000
32130 Cypress Hollow Rd, New Caney, TX 77357
--beds
0baths
11.36Acres
Unimproved Land
Built in ----
11.36 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 197 days |
- 9 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Ana Magallon TREC #0701216 832-314-9679,
Real Broker, LLC
Source: HAR,MLS#: 14983150
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Video & virtual tour
Property
Lot
- Size: 11.36 Acres
- Features: Corner Lot, Open Lot, 10 Up to 15 Acres
Details
- Additional parcels included: 0432250000030
- Parcel number: 0432250000020
Utilities & green energy
- Water: Well
- Utilities for property: Gas Availability Unknown, Cable Unknown, Electricity Available
Community & HOA
Location
- Region: New Caney
Financial & listing details
- Tax assessed value: $660,225
- Annual tax amount: $7,181
- Date on market: 1/30/2026
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$2,331/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2026 | Listed for sale | $4,900,000 |
Source: | ||
| 10/4/2021 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,430 +13% | $660,225 +27% |
| 2024 | $2,150 | $520,000 -6.8% |
| 2023 | -- | $557,750 +55.3% |
| 2022 | $1,600 | $359,163 +48.5% |
| 2021 | -- | $241,788 +25.1% |
| 2020 | $1,323 +8% | $193,215 +13% |
| 2019 | $1,225 +29.2% | $170,963 +521.2% |
| 2018 | $948 | $27,523 -38% |
| 2017 | $948 | $44,419 -77.6% |
| 2016 | $948 -29.1% | $198,718 -0.7% |
| 2015 | $1,338 | $200,146 +219.6% |
| 2014 | $1,338 | $62,627 +58.2% |
| 2009 | -- | $39,587 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 77357
Nearby schools
GreatSchools rating
- 3/10Falcon Ridge Elementary SchoolGrades: K-5Distance: 6.6 mi
- 4/10Huffman Middle SchoolGrades: 6-8Distance: 8.2 mi
- 6/10Hargrave High SchoolGrades: 9-12Distance: 8.1 mi
Schools provided by the listing agent
- Elementary: Falcon Ridge Elementary School
- Middle: Huffman Middle School
- High: Hargrave High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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