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    19911 Tx-242 Conroe, TX 77306

    For Sale
    $1,398,000

    6.378 Acres, Prime Location, $1.39M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 6.378-acre commercial and industrial land parcel is strategically located at 19911 TX-242 in Conroe, Montgomery County, Texas, zip code 77306. Priced at $1,398,000, this property offers a land value of $5 per square foot. The APN is 4005-00-00600. Its prime location at the northeast corner of Hwy 242 and Hayden Road benefits from the nearing completion of the Hwy 242 expansion. The property enjoys close proximity to thriving communities like Artavia and Harrington Trails, and is conveniently located just five miles from Grand Texas Theme Park and SpeedSportz Race Park. Further enhancing its appeal is its proximity to Valley Ranch Town Center (8 miles away) and easy access to major transportation arteries including FM 1485, I-45, and I-69 (Hwy 59). Commuting to Houston and George Bush Intercontinental Airport (IAH) is a breeze, estimated at approximately 30 minutes. For larger-scale development, note that an additional 36+ acres of adjacent land is also available. This presents a unique opportunity for investors and developers seeking a high-growth area with excellent infrastructure and accessibility.

    Property Features for 19911 Tx-242

    General Information

    Property type
    Land
    Lot Size
    277,826 SF

    HighLights

    • $1,398,000 asking price for 6.378 acres of commercial/industrial land.
    • Located at 19911 TX‑242, Conroe, TX 77306 (APN 4005‑00‑00600).
    • Land value: $5/sq ft.
    • Excellent location near Hwy 242 & Hayden Rd, with Hwy 242 expansion nearing completion.
    • Close proximity to Artavia community, Harrington Trails, Grand Texas Theme Park, and SpeedSportz Race Park.
    • Convenient access to FM 1485, I‑45, and I‑69 (Hwy 59), and within 30 minutes of Houston and Bush Intercontinental Airport.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Conroe
    County
    Montgomery
    State
    Texas
    Longitude
    -95.2684036
    Latitude
    30.2171687

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    FAQs

    What type of property is this?
    Land - 6.378 Acres, Prime Location, $1.39M
    Where is this land located?
    The property is located at 19911 Tx-242 Conroe, TX.
    What is the asking price?
    The asking price for this property is $1,398,000.
    What are key features of this property?
    This property features: $1,398,000 asking price for 6.378 acres of commercial/industrial land.; Located at 19911 TX-242, Conroe, TX 77306 (APN 4005-00-00600).; Land value: $5/sq ft.
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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
    19911 Tx-242 Conroe, TX 77306
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