Address
19637 W Fm 1097 Road, Montgomery, TX
Price
$ 5,500,000
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 595
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

Property vs Multi-Family Average in 77356

Price
AVG $2.52M
$5.5M
Taxes
AVG $5,114
$4,881
Visits
AVG 282
694
Data Provided by Inside Real Estate®
Year Built
AVG 1993
2000

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