Excellent investment opportunity to own a Triplex within a half-mile of Lake Conroe in acclaimed Montgomery ISD. Income producing with all appliances included; low 1.7% Tax Rate. Unit C, the largest is approximately 1,200 sq ft with 3 Bedrooms, 2 Baths & an open concept Living/Dining Area. Split plan with a huge private Primary Bedroom with an en suite bath, travertine floors & counters, vanity, large walk-in closet & a linen closet. The secondary bedrooms are located up front along a hallway with a large shared bath with dual sinks, vanity & water closet. There is a wide alcove with room for a desk for a small home office or homework station. It offers stackable washer & dryer. There is a covered front patio/porch. Units A & B are each approximately 1,000 sq ft, with 2 Bedrooms & 1 Bath. Finishes are like Unit C, which is available to tour. Unit A has a carport. Close to shopping & restaurants.
The median home value in Montgomery, TX is $398,800. This is higher than the county median home value of $348,700. The national median home value is $338,100. The average price of homes sold in Montgomery, TX is $398,800. Approximately 52.44% of Montgomery homes are owned, compared to 30.26% rented, while 17.31% are vacant. Montgomery real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Montgomery real estate agent to arrange a tour today!
Montgomery, Texas 77316 has a population of 1,617. Montgomery 77316 is less family-centric than the surrounding county with 37.01% of the households containing married families with children. The county average for households married with children is 38.67%.
The median household income in Montgomery, Texas 77316 is $92,583. The median household income for the surrounding county is $88,597 compared to the national median of $69,021. The median age of people living in Montgomery 77316 is 41.2 years.
The average high temperature in July is 93.2 degrees, with an average low temperature in January of 40.5 degrees. The average rainfall is approximately 47.4 inches per year, with 0 inches of snow per year.