Montgomery TX Multi Family for Sale
$3,500,000
19637 W Fm 1097 Road Montgomery, TX 77356
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2000
- Baths:
- MLS#:
- 55492044
- Subdivision:
- SMO NONCITY FRONT FM1097 E OF FM149
View additional info
Courtesy: Texas Premier Realty
210-844-8683
ADDITIONAL INFORMATION
Hey INVESTORS! Fantastic Investment Opportunity, great location! This FIVE ACRE property 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. 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 historic Montgomery and Willis! Don't miss this amazing investment opportunity!
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Montgomery Real Estate
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 77356 has a population of 1,617. Montgomery 77356 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 77356 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 77356 is 41.2 years.
Montgomery Weather
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.