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Property profile & analytics
OFF-MARKET
Land

0 Koenig Ln Shenandoah, TX 77384

Property ID
Property summary
AI-generated overview

This exceptional 42-acre commercial land parcel presents a unique investment opportunity in Conroe, Texas, a rapidly growing city boasting approximately 60% growth over the past decade. Strategically located off Koenig Road and FM 1488, this property enjoys convenient access to IH 45 and 1488. All essential public utilities—water, sewer, electricity, gas, and cable—are readily available on-site. The land is fully zoned for residential development by the City of Conroe, with completed infrastructure including a sanitary sewer main trunk line, two detention ponds, and drainage channels. Access points are available from Koenig Road and Pine Acres Road. Situated within the Conroe Independent School District, this property avoids Municipal Utility District (MUD) incorporation, resulting in significantly lower property taxes compared to adjacent developed land. The site is served by substantial 8-inch water and sewer lines, capable of supporting up to 172 residential lots. Conceptual plans indicate a potential yield of approximately 126-129 residential lots, incorporating all necessary detention and landscaping per City of Conroe specifications. The property is zoned for Bush Elementary, McCullough Junior High, and The Woodlands High School. The FEMA flood zone designation is "X" in Montgomery County, TX.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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