Financial
Distress signals
Property profile

22240 Farris Green Rd Porter, TX 77365

FOR SALE
Banks
Property ID
US83-2327866
3,150 SF 1.36 ac lot Built 2008
Last sale Oct 2007
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a former bank commercial building with a total interior area of 5,130 square feet. It includes a spacious lobby, a large vault, a conference room, and multiple private offices, reflecting a layout commonly suited to financial services or professional use. The site is located near Home Depot, Wal-Mart, and Spec’s Liquor, with convenient access to Grand Parkway (Hwy 99), I-69 (Hwy 59), and FM 1314, and is approximately 2.5 miles from the Valley Ranch Medical District & Town

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$27k
Tax billed · 2024
Assessed value$1.39M
Assessed land$591k
Assessed improvement$801k
Effective rate1.92%

Value estimate

· Sep 2026
$410k
$369k – $451k
AI approach$495k
NOI build-up
Gross scheduled income$128k
Vacancy & credit loss−$7k
Operating expenses−$30k
NOI · 6.10% cap applied$91k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
6.10%
$91k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
5
JurisdictionMONTGOMERY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency12.2
Electrical Service9.8
Gym & Fitness9.5

Location

22240 Farris Green Rd Porter, TX 77365
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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