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

Montgomery, TX, 77356
$ 5,500,000
Baths0.0

Monthly Estimate*

$ 38,419

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Studio

Multi-Family Home for sale in Montgomery, TX

for $5,500,000. This home was built in 2000 on a lot size of 4.

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!

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Multi-Family Active

Price

$ 5,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,881

Style

Multi-Family

Lot Size

4

Year Built

2000

Town/City

Montgomery

County/Region

Montgomery

MLS | Web ID

38870730

Features
General
Heating Central Electric
Utilities Cable Electric Water
Roof Other
Restrictions None
Year Built 2000
New Construction 0
Subdivision SMO NONCITY FRONT FM1097 E OF FM149
Stories 1
County Montgomery
Tax Rate 1.8242
Property Type Multi-Family
Yearly Taxes 4881
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 603
Maintenance Fee Y/N 0
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
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Exterior
Lot Size Source Appraisal District
Lot Size 174240
Lot Description Cleared
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Interior
Total Baths 0.00
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* Excluded Features
List By
Texas Premier Realty

Broker

seddings@suddenlink.net

Email

Affordability Calculator

$38,826
Per Month
99%
1%
0%
Monthly Principal & Interest
$38,419
Monthly Property Taxes
$407
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2060899 Elementary School
1770840 Middle School
Montgomery High School High School
Pricing History
DatePricePrice ChangeDescription
9/27/2023$5,500,000 Listed Price

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19637 W Fm 1097 Road, Montgomery, TX, 77356 is a Multi-Family Home for sale at $5,500,000 with a lot size of 4. 19637 W Fm 1097 Road is a studio with 0.0 baths and was built in 2000. The property's zip code is 77356 which is in Montgomery, TX