Property summary
This exceptional 22.23-acre tract of land presents a remarkable investment opportunity in Montgomery County, Texas. Located at 23001 TX-242, New Caney, 77357, this property boasts direct access to SH 242 and close proximity to the Eastex Freeway, ensuring excellent visibility and accessibility. Served by East Montgomery County MUD 4, utilities are available on-site. While there is no permitted zoning, restricted covenants are in place. The property is situated outside the flood plain, with… mostly off-site detention provided, although a portion of a detention pond/drainage easement is located on the site. The tax rate is 3.7104%, and the property falls within the Splendora ISD. This prime development site offers significant potential for a variety of uses, including retail, multi-family, build-to-rent, single-family residential, RV park, self-storage, manufactured housing, and more. The property's strategic location, coupled with strong surrounding demographics and high single-family home values, makes it an ideal investment for developers seeking a high-return opportunity. Note that restrictions are in place prohibiting certain uses, including grocery stores, convenience stores with food departments exceeding 1,500 square feet, pharmacies, fuel stations, car washes, telecommunication towers, pawn shops, adult bookstores, schools, and churches. The APN is R529469, and the legal description is A0434 - Peters H A, TRACT 8A-2. Ownership is held by Bay Mountain Fund I LLC.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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