24897 Rainbow Ln
New Caney, TX 77357
(on 40.02 acres)
Home Highlights
Listed
180+ days ago
Local Information
-- mins to
About this House
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***
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***
Last check for updates: about 5 hours ago
Listing courtesy of Trisha Hegemeyer TREC #0791614, (936) 788-3305
Top Guns Realty on Lake Conroe
Source: HAR, MLS#77227137

Also Listed on HAR.
Home Details for 24897 Rainbow Ln
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Appliances & Utilities Utilities: Gas Availability Unknown, Cable Unknown, Electricity AvailableTelephone: Unknown |
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Exterior Home Features Fencing: FencedNo Private Pool |
Parking & Garage No CarportNo Garage |
Frontage Road Surface Type: Asphalt |
Water & Sewer Sewer: Septic Tank |
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Days on Market: 180+ |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Building Not a New ConstructionHas Additional Parcels |
Property Information Parcel Number: 231135Additional Parcels Description: 5090000319, R52529 |
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Price List Price: $3,000,000 |
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MLS Status: Active |
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Direction & Address City: New Caney |
School Information Elementary School: Tavola Elementary School (New Caney)Jr High / Middle School: Keefer Crossing Middle SchoolHigh School: New Caney High SchoolHigh School District: 39 - New Caney |
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Listing Agent Listing ID: 77227137 |
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Lot Area: 40.018 Acres |
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Listing Terms: Cash, Conventional, Investor, Texas Veterans Land Board |
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Mls Number: 77227137 |
Around this home
What Locals Say about New Caney
At least 29 Trulia users voted on each feature.
90 % Say car is needed
86 % Say yards are well-kept
85 % Say it's dog friendly
78 % Say parking is easy
75 % Say it's quiet
67 % Say kids play outside
65 % Say people would walk alone at night
61 % Say there's wildlife
57 % Say there's holiday spirit
54 % Say neighbors are friendly
52 % Say they plan to stay for at least 5 years
32 % Say streets are well-lit
24 % Say there are sidewalks
21 % Say there are community events
19 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
Market trends in New Caney
Last updated July 2026
Avg. sale price
$256K
$833MoM
Sale-to-List Price
98.3%
0.1%MoM
Price per sq ft
$139
$0MoM
Available listings
244
8MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
3.26 | Lot/Land | - | 05/04/26 | - | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.15 | $259,990 | 4 | 2.5 | 2,229 | For Sale | |
0.14 | $225,000 | 3 | 2 | 1,350 | For Sale | |
0.27 | $172,000 | 3 | 2 | 1,298 | For Sale | |
0.28 | $281,600 | 3 | 2 | 1,792 | Off Market | |
0.23 | $324,700 | 4 | 2.5 | 2,289 | For Sale | |
0.23 | $245,000 | 4 | 2 | 1,500 | For Sale | |
0.27 | $216,000 | 3 | 2 | 1,230 | For Sale | |
0.28 | $259,900 | 4 | 2.5 | 1,861 | For Sale | |
0.26 | $278,000 | 4 | 2.5 | 2,310 | For Sale | |
0.26 | $214,000 | 3 | 2 | 1,230 | For Sale | |
0.28 | $265,000 | 4 | 2.5 | 2,278 | For Sale |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 27, 2025 Source: HAR #77227137 | PriceChange | $3,000,000 Price decreased by 42% |
Jan 31, 2025 Source: HAR #29566526 | Listed For Sale | $5,200,000 |
Mar 18, 2024 Source: HAR #41009393 | ListingRemoved | |
Sep 8, 2023 Source: HAR #41009393 | PriceChange | $3,950,000 Price decreased by 24% |
Mar 17, 2023 Source: HAR #41009393 | Listed For Sale | $5,200,000 |
Feb 21, 2023 Source: RE/MAX International | ListingRemoved | |
Jan 24, 2023 Source: HAR #67577740 | Listed For Sale | $4,000,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,439 | $148,860 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Trisha Hegemeyer, Top Guns Realty on Lake Conroe
Agent Phone: (936) 788-3305

Copyright 2026, Houston REALTORS® Information Service, Inc.
The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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Frequently asked questions about 24897 Rainbow Ln
- How big is 24897 Rainbow Ln?24897 Rainbow Ln in New Caney, TX is about 40 acres.
- What is the price per acre for 24897 Rainbow Ln?24897 Rainbow Ln in New Caney, TX is listed at $3,000,000, or about $75K per acre.
- What do residents say about New Caney?Residents describe New Caney, TX as well-kept, dog-friendly, and easy to park in. Most residents say you need a car. See homes for sale in New Caney, TX.
- What are the closest schools to 24897 Rainbow Ln?The closest schools to 24897 Rainbow Ln in New Caney, TX are Keefer Crossing Middle School (rated 2/10), New Caney High School (rated 3/10), Tavola Elementary School (Pre-K, rated 5/10).
24897 Rainbow Ln, New Caney, TX 77357 is a lot/land. This property is currently available for sale and was listed by HAR on Sep 27, 2025. The MLS # for this home is MLS# 77227137.

