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19639 Ceal Road
About This Property
Welcome to 16939 Ceal Rd - a rare 21± acre tract located just off FM 1314 in the heart of Porter, TX. This versatile property is perfectly positioned for commercial development, offering excellent visibility, accessibility, and proximity to major thoroughfares including Hwy 59/I-69 and the Grand Parkway (99). With booming residential growth and expanding retail demand in the surrounding area, this land presents unlimited potential for retail centers, industrial use, multi-family development, or a build-to-suit opportunity. This is your chance to secure a strategic piece of real estate in one of Montgomery County's fastest-growing corridors. Utilities available nearby.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 3, 2026 | Sold | ||
| Sold | |||
| Sep 16, 2025 | In contract | - | |
| In contract | |||
| Aug 30, 2025 | Price Decreased |
$1,650,000
↓ $150K
(8.3%) | |
| Price Decreased | |||
| Jul 31, 2025 | Relisted | $1,800,000 | |
| Relisted | |||
| May 29, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017