Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2831 Goodson Loop Pinehurst, TX 77362

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $900,000

    15 acre surveyed land parcel suitable for commercial or residential.

    Lot size:
    15.19 Acres

    Property Features for 2831 Goodson Loop

    General Information

    Lot size
    15.19 Acres
    Source: Moodyscre

    Listing Agent: Julian R. Cortinas

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    15 Acre Pinehurst Land Parcel

    This surveyed 15.1947-acre parcel is suitable for commercial or residential development. A pond stocked with bass is located on the site. The property is located in Pinehurst, which welcomes livestock, potentially offering the end buyer a post-closing opportunity for tax-exempt status for agriculture or livestock. The site benefits from a private setting with a private access road, set back from Goodson Loop traffic. The location is adjacent to High Meadow Ranch, which features approximately 800 single-family homes with average sold prices ranging from $1.65 million up to $8 million. The property is located minutes from Tomball and the Aggie Express Highway. According to FEMA maps, the property is in FEMA Zone X, indicating no flood zone. Utilities include the option of a water well and septic system, or utilizing the Pinehurst-Decker Prairie Water System for fresh water. There are no zoning restrictions. The property is located within the Magnolia ISD, served by Magnolia Elementary, Magnolia Middle School, and Magnolia High School.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Crossroads Metal Finishers Painter

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Gym & Fitness Auto Parts Store Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pinehurst
    County
    Montgomery
    State
    Texas
    Longitude
    -95.696754
    Latitude
    30.17256

    Nearby Similar for Sale

    • $1,200,000
      4,800 SF

      Prime Industrial Space on SH 249

      Unrestricted 1.78-acre property with 4,800 SF building and highway frontage.
      34715 State Highway 249, Pinehurst, TX 77362
      View Details
    • $560,000
      2,000 SF

      Renovated Office Building For Sale

      Newly renovated office building off Hwy 249 in Pinehurst, TX.
      31847 Hwy South, Pinehurst, TX
      View Details
    • Contact for pricing
      1.78 Acres

      SH 249 Industrial Warehouse

      4800 SF Warehouse on 1.78 Acres
      34715 Tx-249, Pinehurst, TX 77362
      View Details

    FAQs

    What type of property is this?
    Land - 15 acre surveyed land parcel suitable for commercial or residential.
    Where is this land located?
    The property is located at 2831 Goodson Loop Pinehurst, TX.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - 15.1947 Acres with No Restrictions: Offers flexibility for commercial or residential development.; - Private Setting & Access: Ensures privacy and seclusion from traffic.; - Prime Location: Adjacent to High Meadow Ranch, an affluent community with homes valued up to $8M.
    (832) 661-8591
    Request Owner's contact information
    2831 Goodson Loop Pinehurst, TX 77362
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2831 Goodson Loop
    Pinehurst, TX 77362
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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
    2831 Goodson Loop Pinehurst, TX 77362
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.