18
Map
$675,000
●
Land -
Off Market
22475&22463 Adams Street
Porter, TX 77365
Studio
0 Bath
$3,446
Est. Monthly
About This Property
Wonderful development opportunity on this 3 acre tract located on a
busy street, partially fenced with 2 driveways, offering public
utilities with Porter SUD (approval necessary) and NO HOA. Seller
has preliminary plans for 30 townhomes. This site is perfect
for multi-family and more! Not located within special flood hazard
area. Easy access to 494/59 North. Minutes from the rapidly growing
New Caney area, Valley Ranch & 99 Toll Road, 242 & Big Rivers Water
Park. Multiple single family neighborhoods closely and Woodridge
Forest MS within .4 miles. Plentiful retail and schools
within close proximity. MCAD parcel numbers 60149 & 60151.
Zoned to highly rated schools!
Unit Size
-
Days on Market
-
Land Size
3.04 acres
Price per sqft
-
Property Type
Land
Property Taxes
$131
HOA Dues
-
Year Built
1996
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 months ago (HAR #10203903)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 1, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Oct 29, 2025 | Listed by Berkshire Hathaway HomeServices Premier Properties | $675,000 | |
| Listed by Berkshire Hathaway HomeServices Premier Properties | |||
| Oct 15, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 25, 2025 | Listed by Berkshire Hathaway HomeServices Premier Properties | $750,000 | |
| Listed by Berkshire Hathaway HomeServices Premier Properties | |||
| | |||
|
Wonderful development opportunity on this 3 acres tract on a busy street, partially fenced with 2 driveways, offering public utilities with Porter SUD (approval necessary) and NO HOA. Seller has preliminary plans for 30 townhomes. This site is perfect for multi-family and more! Not located within special flood hazard area. Easy access to 494/59 North. Minutes from the rapidly growing New Caney area, Valley Ranch & 99 Toll Road, 242 & Big Rivers Water Park. Multiple single family neighborhoods closely and Woodridge Forest MS within .4 miles. Plentiful retail and schools within close proximity. MCAD parcel numbers 60149 & 60151. Zoned to highly rated schools!
| |||
| Feb 3, 2025 | Listed | $760,000 | |
| Listed | |||
| | |||
|
Wonderful development opportunity on this 3 acres tract on a busy street, partially fenced with 2 driveways, offering public utilities with Porter SUD (approval necessary) and NO HOA. Seller has preliminary plans for 30 townhomes. This site is perfect for multi-family and more! Not located within special flood hazard area. Easy access to 494/59 North. Minutes from the rapidly growing New Caney area, Valley Ranch & 99 Toll Road, 242 & Big Rivers Water Park. Multiple single family neighborhoods closely and Woodridge Forest MS within .4 miles. Plentiful retail and schools within close proximity. MCAD parcel numbers 60149 & 60151. Zoned to highly rated schools!
| |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Adams Acres East
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Listed by: Dayna Sullivan, Berkshire Hathaway HomeServices Premier Properties
Last Updated: 3 months ago
Data Source: HAR , MLS# 10203903
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Last Updated: 3 months ago
Data Source: HAR , MLS# 10203903
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