Residential Income
New
For Sale
$85,000
26769 Burning Tree, New Caney, TX 77357
Built in 1965, this residential income property is located in New Caney, Texas.
Property Size640 SF
Price / SF$132.81
Days on Market5
Property Features for 26769 Burning Tree
General Information
Standard status
Active
Size
640 SF
Property subtype
Residential Income
Lease Term
6 Months
Taxes and HOA fees
Annual Taxes
$1,070
Building Details
Building Size
640 SF
Year Built
1965
Stories
1
Listing Agency:
KELLER WILLIAMS REALTY PROFESSIONALS
(832) 928-9394
Listed By:
Teresa Sanchez · License #0586672
(832) 928-9394
Source:
Evrealestate
Added: Jul 30
Changed: Aug 2
Last Checked: Aug 3 at 4:55AM
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 KELLER WILLIAMS REALTY PROFESSIONALS
Investment Insights
Based on property information with market context.
This residential income property was constructed in 1965 and is located at 26769 Burning Tree in New Caney, Texas. The property is situated in Montgomery County, with the provided route information referencing TX 99, FM 1485, Galaxy Boulevard, and Forest Drive.
Key Highlights
- Residential income property built in 1965
- Located at 26769 Burning Tree, New Caney, TX 77357
- Situated in Montgomery County
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $13.0k | $20.28 |
| − Vacancy | −$753 | −$1.18 |
| EGI | $12.2k | $19.10 |
| − OpEx | −$5.5k | −$8.60 |
| NOI | $6.7k | $10.51 |
640 SF · lease $20.28/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$96.1K
$84.1K – $112.1K
NOI $6,725 @ 7.0% cap · market cap 7.91%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$161.6K
$141.4K – $188.5K
NOI $11,310 @ 7.0% cap · market cap 13.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
35
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
Market
Properties on Market for Residential income properties in Montgomery County
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Built in 1965, this residential income property is located in New Caney, Texas.
Where is this residential income property located?
The property is located at 26769 Burning Tree New Caney, TX.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: Residential income property built in 1965; Located at 26769 Burning Tree, New Caney, TX 77357; Situated in Montgomery County
