40+ Acres Development
For Sale
$3,000,000
24897 Rainbow Ln, New Caney, TX 77357
Prime land for commercial or residential development in growing area.
Property SizeContact for details
Lot Size40.02 Acres
Days on Market267
Property Features for 24897 Rainbow Ln
General Information
Standard status
Active
Lot size
40.02 Acres
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$3,387
Listing Agency:
TOP GUNS REALTY ON LAKE CONROE
(936) 788-3305
Listed By:
Trisha Hegemeyer
(936) 788-3305
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 8
Last Checked: Jul 16 at 10:53AM
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 TOP GUNS REALTY ON LAKE CONROE
Investment Insights
Based on property information with market context.
This expansive 40+ acre property presents an incredible opportunity for commercial or residential development. It is located in one of the fastest-growing areas of North East Montgomery County, adjacent to the thriving Tavola Subdivision. The property offers a mix of open space and partially wooded acreage with mature trees. It is suited for a wide range of development possibilities. Existing infrastructure includes 400-amp electric service and a septic system already on site. Aragoste Parkway dead-ends into the northern portion of the property. The location is just minutes from 99/Grand Parkway and FM 1485, offering excellent connectivity and visibility. Surrounded by ongoing residential and commercial growth, this property presents a unique opportunity for developers, investors, or builders looking to capitalize on the rapid expansion in this sought-after region. The 40 acres consists of 3 tax ID tracts.
Key Highlights
- 40+ acre property in a rapidly growing area.
- Prime location adjacent to the thriving Tavola Subdivision.
- Excellent connectivity and visibility, minutes from 99/Grand Parkway and FM 1485.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
41
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - Prime land for commercial or residential development in growing area.
Where is this land located?
The property is located at 24897 Rainbow Ln New Caney, TX.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 40+ acre property in a rapidly growing area.; Prime location adjacent to the thriving Tavola Subdivision.; Excellent connectivity and visibility, minutes from 99/Grand Parkway and FM 1485.
