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    00 Louetta Rd Spring, TX 77388

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    For Sale
    $2,350,000

    Six-acre tract with engineered plans for 140-unit apartment complex.

    Property Features for 00 Louetta Rd

    General Information

    Standard status
    Active

    Source: BERKSHIRE HATHAWAY HOMESERVICES PREMIER PROPERTIES Agent RACHEL ROST

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cleared Land Ready for Development

    This cleared six-acre tract of land presents a development opportunity with fully engineered plans for a four-story, 140-unit apartment complex. The site is prepped with a silt fence already installed. The property is ready for immediate action, with plans designed to meet modern residential needs. It is located in a prime area with convenient access to major highways, shopping, dining, and employment centers. The property features a design, including site layout and landscaping. This project represents an opportunity to enter or expand within the multi-family market. The property is located at the corner of Louetta Road and Mirror Lake.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spring
    County
    Montgomery
    State
    Texas
    Longitude
    -95.432548
    Latitude
    30.066062

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    FAQs

    What type of property is this?
    Commercial land - Six-acre tract with engineered plans for 140-unit apartment complex.
    Where is this commercial land located?
    The property is located at 00 Louetta Rd Spring, TX.
    What is the asking price?
    The asking price for this property is $2,350,000.
    What are key features of this property?
    This property features: - Fully engineered plans for a 140-unit apartment complex included.; - Cleared and prepped six-acre tract with silt fence installed.; - Prime location with convenient access to major highways, shopping, dining, and employment centers.
    Request Owner's contact information
    00 Louetta Rd Spring, TX 77388
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    Spring, TX 77388
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    00 Louetta Rd Spring, TX 77388
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