Local realty services provided by:Better Homes and Gardens Real Estate Gary Greene
32130 Cypress Hollow Drive,New Caney, TX 77357
$4,900,000
- 11.36 Acres
- Lots / Land
- Active
Listed by: ana magallon
Office: real broker, llc.
MLS#:14983150
Source:HARMLS
Price summary
- Price:$4,900,000
About this home
11.36-acre development site strategically positioned directly at the frontage of TX-99 (Grand Parkway) where the freeway feather will be constructed. Rare opportunity to secure a large development site in an Opportunity Zone before completion of major Highway 99 infrastructure upgrades. Strong visibility, traffic exposure, and access make this an ideal play for multifamily or commercial users seeking long-term appreciation in one of East Montgomery County’s fastest-growing corridors.
Ideal for multifamily, mixed-use, or commercial development. Major planned upgrades to Highway 99 will further enhance accessibility and long-term value.
All utilities available, with a water well already on site, significantly reducing development timelines and upfront costs.
Additional 5-acre tract available approximately three lots down, offering expansion or phased development potential for $499,000, MLS# 85573207 - 0 FM 1485.
Contact an agent
Home facts
- Listing ID #:14983150
- Updated:January 31, 2026 at 12:55 PM
Structure and exterior
- Lot area:11.36 Acres
Schools
- High school:HARGRAVE HIGH SCHOOL
- Middle school:HUFFMAN MIDDLE SCHOOL
- Elementary school:FALCON RIDGE ELEMENTARY SCHOOL
Utilities
- Water:Well
Finances and disclosures
- Price:$4,900,000
- Tax amount:$7,181 (2025)
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