
$5,852,250
NAL Estimated Property Value10983 FM 149, Montgomery, TX, 77316
About this property
260+ acres for sale minutes from Historic Downtown Montgomery. This property is also centrally located to The Woodlands, and Lake Conroe! The seller is a direct descendant of the family that acquired the property by Spanish Land Grant in the early 1800's. The property is presently ag exempt and the seller owns 100% mineral rights. This is a very versatile property and would be the perfect place for a new home development, corporate retreat, personal estate or wildlife sanctuary. There are two entrances to property. You can enter on FM 149, where entrance is 60' on Fm 149, and off of Spring Branch Rd there is another 275' entrance. Located close to shopping, dining,entertainment and healthcare!
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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Montgomery
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