24897 Rainbow Ln
New Caney, TX 77357
(on 40.02 acres)
Local Information
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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***
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***
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
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 |
Last check for updates: about 20 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.
Price History for 24897 Rainbow Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 09/27/2025 | $3,000,000 | PriceChange | HAR #77227137 |
| 01/31/2025 | $5,200,000 | Listed For Sale | HAR #29566526 |
| 03/18/2024 | ListingRemoved | HAR #41009393 | |
| 09/08/2023 | $3,950,000 | PriceChange | HAR #41009393 |
| 03/17/2023 | $5,200,000 | Listed For Sale | HAR #41009393 |
| 02/21/2023 | ListingRemoved | RE/MAX International | |
| 01/24/2023 | $4,000,000 | Listed For Sale | HAR #67577740 |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $3,439 |
| Assessment | $148,860 |
Home facts updated by county records
Comparable Sales for 24897 Rainbow Ln
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
3.26 | Lot/Land | - | 05/04/26 | - | - |
Assigned Schools
These are the assigned schools for 24897 Rainbow Ln.
What Locals Say about New Caney
At least 25 Trulia users voted on each feature.
89 % Say car is needed
88 % Say yards are well-kept
84 % Say it's dog friendly
78 % Say parking is easy
74 % Say it's quiet
67 % Say people would walk alone at night
66 % Say kids play outside
59 % Say there's holiday spirit
59 % Say there's wildlife
56 % Say they plan to stay for at least 5 years
53 % Say neighbors are friendly
35 % Say streets are well-lit
24 % Say there are sidewalks
21 % Say there are community events
20 % Say it's walkable to grocery stores
Learn more about our methodology.
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.
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.

