19637 W Fm 1097 Road, Montgomery TX, 77356
(Active)
$5,500,000
|
|
MLS# 38870730
Last Updated: 5/17/2024 3:32 AM
Description for
19637 W Fm 1097 Road
Montgomery, TX 77356
Hey INVESTORS! Fantastic Investment Opportunity, great location! This FIVE ACRES has 300' frontage on FM 1097 West, close to Lake Conroe. The back three acres has ten residential rental units, all leased. The front two acres can be developed as commercial property, great location for an RV Park, storage units, or add more rental units! So much potential for development with this mixed use property. The property has two working wells and a complete commercial sewer system.
*** 5 acres includes R450692 4 acres AND R44569 1 acre***
Located in western Montgomery County, one of the fastest growing counties in Texas, with quick and easy access to I45, FM 149, Hwy 105 and Lake Conroe, and nestled within the area of proposed Lake Celestine, a multi-million dollar development which will provide residential, retail, office space, hotel and recreation. Tons of traffic pass this property between Montgomery and Willis! Don't miss this amazing investment opportunity!
Price
$5,500,000
SMO NONCITY FRONT FM1097 E OF FM149
Montgomery
38870730
Active
Description
Hey INVESTORS! Fantastic Investment Opportunity, great location! This FIVE ACRES has 300' frontage on FM 1097 West, close to Lake Conroe. The back three acres has ten residential rental units, all leased. The front two acres can be developed as commercial property, great location for an RV Park, storage units, or add more rental units! So much potential for development with this mixed use property. The property has two working wells and a complete commercial sewer system.
*** 5 acres includes R450692 4 acres AND R44569 1 acre***
Located in western Montgomery County, one of the fastest growing counties in Texas, with quick and easy access to I45, FM 149, Hwy 105 and Lake Conroe, and nestled within the area of proposed Lake Celestine, a multi-million dollar development which will provide residential, retail, office space, hotel and recreation. Tons of traffic pass this property between Montgomery and Willis! Don't miss this amazing investment opportunity!
Listing Information
| Property Type: Multi-Family, 1 Story | ||
| 4 Acres | Appraisal District | $0 |
| 2000 | 1 | |
SMO NONCITY FRONT FM1097 E OF FM149
Cable,Electric,Water
Cable,Electric,Water
Neighborhood
School Information
| District: 37 - Montgomery | ||
| LINCOLN ELEMENTARY SCHOOL (MONTGOMERY) | MONTGOMERY JUNIOR HIGH SCHOOL | MONTGOMERY HIGH SCHOOL |
Room Information
Interior Features
Central Air
Electric Heating,
Central
Foundation:
Exterior / Lot Features
Other
Cleared
Driving Directions
From I45 in Willis, take FM 1097 west 10 miles, property on left.
From Montgomery, Hwy 105 to FM 1097, go east, property on the right.
Financial Considerations
| 0300-00-00311 |
| $4,881 |
Listing Price History
Montgomery Real Estate
Montgomery is located in Texas. Montgomery, Texas 77356 has a population of 1,678.
The median household income in Montgomery, Texas 77356 is $96,923. The median household income for the surrounding county is $86,002 compared to the national median of $66,222. The median age of people living in Montgomery 77356 is 38 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 8/24/2022 | Active | $5,500,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $1,366 USD | -10.31% | $87,120 USD | - |
| 2022 | $1,523 USD | - | $87,120 USD | - |