19637 W FM 1097 ROAD, MONTGOMERY, TX 77356

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Homes for sale in 77356.


19637 W Fm 1097 Road

Montgomery, TX 77356

Active

List Price$2,000,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #55492044

10

Number of Units

Multi-Unit Residential

Type

About This Property

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!

Property Features

Location Information

County

Montgomery

Longitude

-95.701919

MLS Area

Montgomery County Northwest

Subdivision

SMO NONCITY FRONT FM1097 E OF FM149

Latitude

30.415211

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.

Interior Features

Total Number of Units

10

Exterior Features

Stories

1

Lot Size in Acres

0

Is New Construction

No

Lot Size in Sq. Ft.

217,800

Acre Range

5 Up to 10 Acres

Is One Story

Yes

Lot Description

Cleared

School

School District

Montgomery

Middle School

MONTGOMERY JUNIOR HIGH SCHOOL

Elementary School

LINCOLN ELEMENTARY SCHOOL (MONTGOMERY)

High School

MONTGOMERY HIGH SCHOOL

Additional Information

Finance Available

Cash, Conventional, Investor Financing

Year Built

2000

Property Type

RI

Status

Active

Property SubType

Detached

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Mortgage Calculator

$9,339

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$7,207

Monthly Tax

$1,666

Monthly Insurance

$466

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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