19637 W Fm 1097 Rd

Montgomery, TX 77356
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174,240 Lot Sqft
Multi-Family - Multiple Detached Dw

Audio narrative

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!

MLS#
38870730
List Price
$5,500,000
Listing Status
For Sale
Address
19637 W Fm 1097 Rd
City
State
TX
Zip Code
Subdivision
SMO NONCITY FRONT FM1097 E OF FM149
Legal Description
A0300 - KESSLER FRED, TRACT 3B-1, ACRES 4
Property Type
Multi-Family - Multiple Detached Dw
Stories
1
Year Built
2000 /Appraisal District
Lot Size
174,240 Sqft./Appraisal District
Market Area

Exterior

Roof
Other
Lot Description
Cleared

Interior

Cooling
Central Electric
Heating
Central Electric

Lot information

Lot Size
174,240 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Financing Considered
Cash Sale, Conventional, Investor
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$4,881/2021
Tax Rate
1.8242

Additional information

List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
3%
Sub Agent Compensation*
0%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Property tax

Cost/Sqft based on tax value

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Mortgage

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Estimated Monthly Payments

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Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Source

Houston Association of REALTORS
Source last updated Apr 28, 2024 at 11:47 PM
Listing last updated Sep 27, 2023 at 11:15 PM

19637 W Fm 1097 Rd, Montgomery, TX 77356. View photos, map, tax, nearby homes for sale, home values, school info...

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