Date
Details
Price
Change
Source
9/24/2025
Listed
$3,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$3,000,000
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Property Description
Incredible opportunity for commercial or residential development in one of the fastest-growing areas of North East Montgomery County! This expansive 40+ acre property is ideally located adjacent to the thriving Tavola Subdivision, offering a mix of open space and partially wooded acreage with mature trees-perfect for a wide range of development possibilities. 400-amp electric service and septic system already on site. Aragoste Parkway (from Roman Forest) dead-ends into the northern portion of the property. Just minutes from 99/Grand Parkway and FM 1485, offering excellent connectivity and visibility. Surrounded by ongoing residential and commercial growth this property presents a unique opportunity for developers, investors, or builders looking to capitalize on the rapid expansion in this sought-after region. Don't miss your chance to secure this rare parcel with prime location and existing infrastructure! ***Note the 40 acres consists of 3 tax ID tracts***
Full Property Details
Full Property Details for 24897 Rainbow Ln
General
- Price: $3,000,000
- Taxes: $3,387 (2024)
- Status: Active
- Type: Lots/Land
- Source: Houston
- MLS ID: 77227137
- Updated: 9/27/2025
- Added to Site: 194 day(s) ago
Location
- Area: 40
- County: Montgomery
- Subdivision: N/A
- Driving Directions: From 59, go east on 99/Grand Pkwy. Exit Redbud Dr. Follow Redbud to Country Estates Dr. Turn right on Country Estates Dr. Follow to where it intersects into Rainbow Ln. Turn left and property will be on left.
School Information
- Elem School District: 39 - New Caney
- Midd School District: 39 - New Caney
- High School District: 39 - New Caney
- Elementary School: TAVOLA ELEMENTARY SCHOOL (NEW CANEY)
- Middle School: KEEFER CROSSING MIDDLE SCHOOL
- High School: NEW CANEY HIGH SCHOOL
Utilities
- Sewer: Public Sewer, Septic Tank
- Water: Public
- Utility Description: Electricity Available
Lot Features
- Lot Size (Acres): 40.018
- Lot Size Source: Appraiser
- Lot Features: Cleared, Level, Wooded
- Potential Use: Agricultural, Cattle, Horses, Hunting, Manufactured Home, Multi-Family, Ranch, Residential, Single Family, Timber
- Trees/Vegetation: Partially Wooded
- Fencing (Description): Fenced
Financial Considerations
- Tax Amount: $3,387
- Tax Year: 2024
- Terms: Cash, Conventional, Investor Financing, Texas Vet
Disclosures and Reports
- Multiple Parcels: Yes
- Legal Description: A0509 A0509 - SHORT M H, TRACT 3 B-1, ACRES 14.637
- Legal Disclosures: Municipal Utility District Disclosure
- APN: 0509-00-00319
Listed by Top Guns Realty on Lake Conroe (936) 582-1700, Trisha Hegemeyer (936) 788-3305
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Listing agent
— 24897 Rainbow Ln —
Trisha Hegemeyer
Top Guns Realty on Lake Conroe
936-788-3305
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 24897 Rainbow Ln
School District:New Caney Independent School District
| Name | Grades | Distance |
|---|---|---|
Tavola Elementary School 18885 Winding Summit Drive, New Caney, TX 77357 | PK-5 | 0.8 mi |
New Caney High School 21650 Loop 494, New Caney, TX 77357 | 9-12 | 2.8 mi |
Keefer Crossing Middle School 21600 Gene Campbell Road, New Caney, TX 77357 | 6-8 | 4.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 24897 Rainbow Ln
Tax History
Tax History for 24897 Rainbow Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,387
—
$148,860
2%
2024
$3,387
1%
$146,370
-2%
2023
$3,351
-8%
$148,990
—
2022
$3,636
17%
$149,000
24%
2021
$3,120
-62%
$120,070
-61%
2020
$8,289
123%
$310,000
151%
2017
$3,723
—
$123,360
—
2017
$3,723
-3%
$123,670
—
2016
$3,832
11%
$123,990
1%
2019
$3,461
29%
$123,040
33%
2014
$2,687
—
$92,370
7%
2014
$2,687
-6%
$86,580
-5%
2013
$2,871
—
$91,080
—
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 24897 Rainbow Ln
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 4Total Baths
24897 Rainbow Lane, New Caney, TX 77357 (MLS# 77227137) is a Lots/Land property with a lot size of 40.018 acres. 24897 Rainbow Lane is currently listed for $3,000,000 and was received on September 24, 2025. Want to learn more about 24897 Rainbow Lane? 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.