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$5,445,000
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Property Description
5-Ac out of 17.69+/-Ac NWC tract adjacent Pinewood Subdivision with approximately 865+/-LF Frontage on High Traffic Hwy 242 and secondary access from Big Rivers Rd. Property is in proximity to upcoming McCoy's, Big Rivers Water Park, Speedsportz Raceway, Grand Parkway RV Resort and The Food Zone in the Grand TX Entertainment District / easy access to I-69 (Hwy 59) in the vast growing area of E Montgomery County and located in an Opportunity Zone. Near other major thoroughfares.
Full Property Details
Full Property Details for 00 Hwy 242
General
- Price: $5,445,000
- Taxes: $56,379 (2023)
- Status: Active
- Type: Lots/Land
- Source: Houston
- MLS ID: 85940562
- Updated: 12/10/2025
- Added to Site: 585 day(s) ago
Location
- Area: 40
- County: Montgomery
- Subdivision: James Moffett Surv Sec 1 Abs #
- Driving Directions: From Houston: Take I-59 N to Hwy 242, Exit and take a Left on Hwy 242. Property will be on your right at entrance of Pinewood Subdivision.
School Information
- Elem School District: 47 - Splendora
- Midd School District: 47 - Splendora
- High School District: 47 - Splendora
- Elementary School: TIMBER LAKES ELEMENTARY SCHOOL
- Middle School: SPLENDORA JUNIOR HIGH
- High School: SPLENDORA HIGH SCHOOL
Utilities
- Sewer: Public Sewer
- Water: Public
Lot Features
- Lot Size (Acres): 5
- Lot Size Source: Other
- Lot Features: Wooded
- Potential Use: Other
Financial Considerations
- Tax Amount: $56,379
- Tax Year: 2023
Disclosures and Reports
- Legal Description: A0382 - MOFFITT JAMES, TRACT 1-B, ACRES 17.693
- Legal Disclosures: Municipal Utility District Disclosure
- APN: 0382-00-00121
Listed by Anne Vickery & Associates Realty, LLC (281) 940-7253, Anne Vickery (713) 907-9680
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Price & Sales History for 00 Hwy 242
Date
Details
Price
Change
Source
12/10/2025
Price Reduced
$5,445,000
-52.89%
MLS
5/01/2025
Price Increased
$11,558,648
21.19%
MLS
8/27/2024
Listed
$9,538,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 00 Hwy 242
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$1,810
—
2023
—
$1,810
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 00 Hwy 242
00 Hwy 242, New Caney, TX 77357 (MLS# 85940562) is a Lots/Land property with a lot size of 5 acres. 00 Hwy 242 is currently listed for $5,445,000 and was received on August 27, 2024. Want to learn more about 00 Hwy 242? Do you have questions about finding other Lots/Land real estate for sale in New Caney? You can browse all New Caney real estate or contact a Coldwell Banker agent to request more information.

