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$1,292,000

NAL Estimated Property Value

22550 Fm 149 Rd, Montgomery, TX, 77356

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,280 Sq Ft
price_per_sqft$937.5 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher
FlooringTile

Exterior

Exterior FeaturesStorage
Lot Size1 acre

Building Information

Year Built1999
Stories1
Roof Type112
Garage Spaces5

Land Information

APN0429-00-00224
SubdivisionPilkinton Clinc
Land UseResidential
Legal DescriptionA0429 PILKINTON CLINCH, TRACT 2-B,2-D, ACRES 1.000
Census Tract694700
Assessed Land Value$20,000
Assessed Improvement Value$197,809
Assessment Year2025

About this property

RARE 33-ACRE DEVELOPMENT OPPORTUNITY with direct access off FM 149 and boundary lines adjoining the Sam Houston National Forest. The Little Lake Creek Wilderness Area borders the west side, providing permanent natural buffer and long-term privacy protection. This tract sits in a rapidly expanding growth corridor surrounded by multiple new residential developments. Ideal for residential subdivision, custom acreage community, boutique gated enclave, or build-to-rent concept. The adjacency to protected National Forest land offers a premium positioning opportunity with no rear neighbors and built-in greenbelt appeal. Existing improvements include a cedar home, workshop with apartment (full kitchen and bath), & RV hookup. Improvements provide interim holding value, construction headquarters potential, or short-term use while development plans are pursued. Highest and best use is land development. Opportunities to acquire acreage with National Forest boundaries along FM 149 are limited.

Investor Tools

Property Icon
$1,292,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,292,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,752 /month
Positive
Cash Flow Estimate:
$2,584 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$579/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$485
$210,322
2025
$20,000
$197,809
$217,809
No

Tax History

Year
Tax Paid
Assessed Value
2024
$485
$210,322

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,292,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Montgomery

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22550 Fm 149 Rd | Property Details | No Agent List