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    24815 Northwest Fwy Cypress, TX 77429

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    For Sale
    $3,300,000

    Unique 48-acre tract with Cypress Creek frontage and artesian well.

    Lot size:
    48.65 Acres

    Property Features for 24815 Northwest Fwy

    General Information

    Lot size
    48.65 Acres

    Source: Compass RE Texas, LLC Agent Kathy McKinney

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

    Overview

    48-Acre Tract in Northwest Houston

    This unique 48-acre tract, formerly the Hot Wells Shooting Range and Houston Hot Well Hotel & Sanitarium, is located in northwest Houston. The acreage is adjacent to Highway 290, situated between Barker Cypress and Fry Road, and includes Cypress Creek frontage, three lakes, and an artesian water well. The well, discovered in 1904, led to the construction of a two-story hotel that offered hot mineral water baths and recreation for up to 500 guests. The land presents tremendous potential and could be ideal for single or multifamily development, commercial development, or recreational development. It could also serve as a single-family sanctuary. The property has retained direct access to the Highway 290 feeder. There are very few parcels of land available in this size and area.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cypress
    County
    Harris
    State
    Texas
    Longitude
    -95.682014
    Latitude
    29.95835

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    FAQs

    What type of property is this?
    Land - Unique 48-acre tract with Cypress Creek frontage and artesian well.
    Where is this land located?
    The property is located at 24815 Northwest Fwy Cypress, TX.
    What is the asking price?
    The asking price for this property is $3,300,000.
    What are key features of this property?
    This property features: - Rare opportunity: 48-acre tract in northwest Houston offering significant acreage for the area.; - Direct access to Highway 290 feeder.; - Cypress Creek frontage and three lakes enhance the property.
    (979) 830-3471
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    24815 Northwest Fwy Cypress, TX 77429
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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
    24815 Northwest Fwy Cypress, TX 77429
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