Property Attributes
- MLS#38870730
- TypeMulti-Family
- CountyMONTGOMERY
- CityMontgomery
- Area39
- NeighborhoodSMO NONCITY FRONT FM1097 E OF FM149
- Zip77356
- StyleMulti-Family
- Year Built2000
- Taxes$ 4881
- Price$ 5,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size4 Acres
Data Source:
Houston Association of REALTORS® (HAR)
Property 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!
Elementary School | Middle School | High School |
---|---|---|
Lincoln Elementary School (Montgomery) | Montgomery Junior High School | Montgomery High School |
Price History | |
---|---|
9/27/2023 | Listed $5,500,000 |
General Features
Heating | Central Electric |
---|---|
Utilities | Cable,Electric,Water |
Roof | Other |
Restrictions | None |
Year Built | 2000 |
Subdivision | SMO NONCITY FRONT FM1097 E OF FM149 |
Stories | 1 |
County | Montgomery |
Tax Rate | 1.8242 |
Property Type | Multi-Family |
Yearly Taxes | 4881 |
Census Tract | 6943.04 |
Tax Year | 2021 |
Status | Active |
Sub Type | Multiple Detached Dwellings |
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. |
City | Montgomery |
Disclosures | Sellers Disclosure,Tenant Occupied |
School District | 37 - Montgomery |
Street Name | Fm 1097 |
Geo Market Area | Lake Conroe Area |
DOM | 603 |
Elementary School | LINCOLN ELEMENTARY SCHOOL (MONTGOMERY) |
Middle School | MONTGOMERY JUNIOR HIGH SCHOOL |
Finance Available | Cash Sale,Conventional,Investor |
High School | MONTGOMERY HIGH SCHOOL |
List Type | Exclusive Right to Sell/Lease |
Unit Total | 10 |
Interior Features
Cool System | Central Electric |
---|---|
Total Baths | 0.00 |
Exterior Features
Lot Size Source | Appraisal District |
---|---|
Lot Size | 174240 |
Lot Description | Cleared |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool