Don’t miss this incredible to own a multi-family property on five adjacent lots with cash flow! There are five lots included in the sale and equal to approximately 1.581 (buyer to independently verify) acres. This multi-family opportunity presents a phenomenal investment or development opportunity with excellent access to the I-69 freeway. Located between Porter and the Woodlands, you’ll enjoy a convenient lifestyle with proximity to local groceries, restaurants, entertainment, shopping, the Oakhurst Golf Club, highly-rated schools, Lone Star College, and the Valley Ranch Medical District. These properties are a prime piece of real estate, featuring two spacious single-family homes and two additional mobile homes - all cashflow producing! This market area is highly desirable and presenting numerous possibilities for investment or development.

General Description

MLS#:

94074210 (HAR)

Sold Price Range:

$325,001 - $370,000

Listing Status:

Sold

Address:

21249 W Memorial Drive

City:

Porter

State:

TX

Zip Code:

77365

County:

Montgomery County

Subdivision:

River Oaks Estates (View subdivision price trend)

Legal Description:

S830001 - RIVER OAKS ESTATES, BLOCK 1, LOT 3-B, 4-A, RES C,

Property Type:

Multi-Family - Fourplex

Stories:

1

Year Built:

1958 / Appraisal District

Building Sqft.:

1,506140(m²) /Appraisal District

Lot Size:

32,278 Sqft.2,999(m²) /Appraisal District

Key Map©:

296N

Market Area:

Kingwood NW/Oakhurst

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Interior Features

Heating:

Window Unit

Cooling:

Window Units

Dishwasher:

Yes

Disposal:

Yes

Compactor:

Yes

Microwave:

Yes

Exterior Features

Roof:

Composition

Assigned School Information

District:	New Caney
Elementary School:	Bens Branch Elementary School Excellent |
Middle School:	Woodridge Forest Middle School Good |
High School:	Porter High School Average |

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Listing Broker: Keller Williams Platinum
Email Listing Broker

Selling Broker: Multiple Options Properties
Last updated as of: 06/26/2024

Property Tax

Market Value Per Appraisal District

Cost/Sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$51.64	$77,770	-4.15%	$77,770	-4.15%
2022	$53.88	$81,140	182.91%	$81,140	182.91%
2021	$19.04	$28,680	0.00%	$28,680	3.65%
2020	$19.04	$28,680	14.04%	$27,670	10.02%
2019	$16.70	$25,150	9.97%	$25,150	9.97%
2018	$15.19	$22,870	-3.09%	$22,870	-3.09%
2017	$15.67	$23,600	-0.04%	$23,600	2.83%
2016	$15.68	$23,610	-54.80%	$22,950	10.02%
2015	$34.68	$52,230	163.12%	$20,860	44.66%
2014	$13.18	$19,850	51.41%	$14,420	9.99%
2013	$8.71	$13,110	0.00%	$13,110	0.00%
2012	$8.71	$13,110		$13,110

2023 Montgomery County Appraisal District Tax Value
Market Land Value:	$10,370
Market Improvement Value:	$67,400
Total Market Value:	$77,770

2023 Tax Rates
EMERGENCY SVC DIST 6:	0.0934 %
MONTGOMERY COUNTY:	0.3696 %
MONTGOMERY CO HOSPITAL:	0.0498 %
LONE STAR COLLEGE:	0.1076 %
PORTER MUD:	0.4200 %
NEW CANEY ISD:	1.2575 %
Total Tax Rate:	2.2979 %

 

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