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!
For sale
$2,000,000
19637 W Fm 1097 Rd, Montgomery, TX 77356
--beds
0baths
--sqft
Est.:
Multi Family
Built in 2000
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 247 days |
- 65 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Sharon Eddings TREC #0523658 281-793-5675,
CB&A, Realtors
Source: HAR,MLS#: 55492044
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Electric
Cooling
- Electric
Property
Features
- Stories: 1
Lot
- Size: 5 Acres
- Features: Cleared, 5 Up to 10 Acres
Details
- Parcel number: 03000000311
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Other
Condition
- New construction: No
- Year built: 2000
Utilities & green energy
- Utilities for property: Cable Connected, Electricity Available, Water Connected
Community & HOA
Community
- Subdivision: Smo Noncity Front Fm1097 E Of Fm149
Location
- Region: Montgomery
Financial & listing details
- Tax assessed value: $87,120
- Annual tax amount: $4,881
- Date on market: 6/16/2025
- Listing terms: Cash,Conventional,Investor
- Lease term: Month To Month
Estimated market value
Not available
Estimated sales range
Not available
$2,137/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2025 | Price change | $2,000,000-42.9% |
Source:  HAR #55492044 Report a problem | ||
| 12/9/2024 | Listed for sale | $3,500,000-36.4% |
Source: HAR #55492044 Report a problem | ||
| 9/27/2023 | Listing removed | $5,500,000 |
Source: HAR #38870730 Report a problem | ||
| 8/24/2022 | Listed for sale | $5,500,000+358.3% |
Source: HAR #38870730 Report a problem | ||
| 1/20/2009 | Listing removed | $1,200,000 |
Source: HAR #802762 Report a problem | ||
| 10/12/2008 | Listed for sale | $1,200,000 |
Source: HAR #802762 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $1,366 | $87,120 |
| 2022 | -- | $87,120 +300% |
| 2021 | $397 -2.4% | $21,780 |
| 2020 | $407 +6.4% | $21,780 +8.9% |
| 2019 | $383 +18% | $20,000 +23.1% |
| 2018 | $324 -0.3% | $16,250 |
| 2017 | $326 -38.9% | $16,250 -38.9% |
| 2016 | $533 -79.6% | $26,590 +32.4% |
| 2015 | $2,607 | $20,090 -84.7% |
| 2014 | $2,607 | $131,052 +228.8% |
| 2005 | -- | $39,860 |
| 2004 | -- | $39,860 +99.3% |
| 2003 | -- | $20,000 |
| 2002 | -- | $20,000 |
| 2001 | -- | $20,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$12,568/mo
Principal & interest
$9835
Property taxes
$2733
Climate risks
Neighborhood: 77356
Nearby schools
GreatSchools rating
- 7/10Lincoln Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 7/10Montgomery J High SchoolGrades: 6-8Distance: 2.7 mi
- 6/10Montgomery High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Lincoln Elementary School (Montgomery)
- Middle: Montgomery Junior High School
- High: Montgomery High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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