Residential Income
For Sale
$79,999
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$124
Days on Market97
Property Features for 26769 Burning Tree
General Information
Standard status
Active
Size
640 SF
Property subtype
Income
Taxes and HOA fees
Annual Taxes
$1,070
Amenities
No
1
Appraiser
Cleared
8999
640
Building Details
Building Size
640 SF
Year Built
1965
Stories
1
Listing Agency:
Keller Williams Realty Professionals
(281) 444-3900
Listed By:
Teresa Sanchez · License #0586672
(832) 928-9394
Source:
Garygreene
Added: Jul 29
Changed: Nov 1
Last Checked: Nov 1 at 3:59AM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$6,725
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$134,500
$134.5K
Cap Rate 7%
$96,071
$96.1K
Cap Rate 9%
$74,722
$74.7K
Market Conditions
NOI Build-Up for 640 SF
Gross rent
$13.0K $20.28/SF
− Vacancy
−$753 −$1.18/SF
EGI
$12.2K $19.10/SF
− OpEx
−$5.5K −$8.60/SF
NOI
$6.7K $10.51/SF
Area
Montgomery County, TX
Vacancy
5.80%
Lease Rate
$20.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$134,500
Cap Rate 7%
$96,071
Cap Rate 9%
$74,722
Alternative Uses
Best Use
Apartment 5plus
$96.1K
$84.1K – $112.1K
NOI $6,725 @ 7.0% cap · market cap 8.41%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$161.6K
$141.4K – $188.5K
NOI $11,310 @ 7.0% cap · market cap 14.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
35
Businesses Nearby
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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
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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 $79,999.
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
