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High-Traffic Frontage Land Opportunity
For Sale
$2,495,800

23019 Hwy 242, New Caney, TX 77357

Land with frontage on high-traffic Hwy 242 in Opportunity Zone.

Property SizeContact for details
Lot Size10.56 Acres
Days on Market275

Property Features for 23019 Hwy 242

General Information

Standard status Active
Lot size 10.56 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $29,433
Listing Agency: Anne Vickery Real Estate
Listed By: Anne Vickery · License #/9005105
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Aug 8 at 5:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Anne Vickery Real Estate

Investment Insights

Based on property information with market context.

This commercial land property features 662 feet of frontage on high-traffic Hwy 242. The location is situated in an Opportunity Zone. It benefits from its proximity to Big Rivers Water Park and the Grand Parkway RV Resort. The property experiences high visibility with a daily traffic count of 79,819 vehicles passing US 59 and 8,509 vehicles along Hwy 242. Located 5.5 miles from Hwy 99, 15 miles from IAH Bush Airport, and 30 minutes from Downtown Houston, the property offers accessibility and growth potential.

Key Highlights

  • 662 feet of frontage on high‑traffic Hwy 242.**
  • Situated in an Opportunity Zone.
  • High visibility:** 79,819 vehicles daily on US 59 and 8,509 on Hwy 242.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Pharmacy Barber Shop Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby

Demographics for 77357, TX

30,339
Population
12,638
Households
2.4
Avg Household Size
34
Median Age
15%
College-Educated
80%
High-School Grad
67.1 sq mi
ZIP Area
452
Density / Sq Mi
$73,773
Median Household Income
$40,211
Median Earnings
$1,366
Median Rent
$218,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Land with frontage on high-traffic Hwy 242 in Opportunity Zone.
Where is this land located?
The property is located at 23019 Hwy 242 New Caney, TX.
What is the asking price?
The asking price for this property is $2,495,800.
What are key features of this property?
This property features: 662 feet of frontage on high‑traffic Hwy 242.**; Situated in an Opportunity Zone.; High visibility:** 79,819 vehicles daily on US 59 and 8,509 on Hwy 242.
More about this property
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