19637 W Fm 1097th Rd, Montgomery, TX 77356

$2,000,000

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List Price
$2,000,000
Status
ACTIVE
MLS#
55492044
Price Change
▼ $1,500,000 1752205131
Days on Market
596
Year Built
2000
Lot Size
217,800
Lot Size Source
Appraiser
Subdivision
Smo Noncity Front Fm1097 E Of Fm149
Region
39
Market Area
Montgomery County Northwest
County
Montgomery

Property Description

Fantastic Investment Opportunity, great location! This 5 ACRE property has 300' frontage on FM 1097 West between Willis and Montgomery and close to Lake Conroe. 10residential rental units, all leased, on the back 3 acres. The front 2 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 2 working wells & a complete commercial sewer system. Located in western Montgomery County, one of the fastest growing counties in Texas, with quick and easy access to I45, FM 149, Hwy 105 & Lake Conroe. Surrounded by Lake Celestine, a multi-million $ development, with residential, retail, office space, hotel and recreation & close to West Gate Town Center, with prime upscale retail, dining & residential. Tons of traffic pass this property between historic Montgomery and Willis! Don't miss this amazing investment opportunity!

Additional Information

Finance Available
Cash, Conventional, Investor Financing
Taxes
$4,881
Neighborhood
Montgomery County Northwest
Heating
Central, Electric
Cooling
Central Air, Electric
Stories
1
Utilities
Cable Available, Electricity Available, Water Available
Lot Description
Cleared
Roof
Other
School District
Montgomery
Elementary School
Lincoln Elementary School (Montgomery)
Middle School
Montgomery Junior High School
High School
Montgomery High School

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of CB&A, Realtors.