




$69,000
NAL Estimated Property Value918 Dr Martin Luther King Drive, Montgomery, TX, 77316
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About this property
Great opportunity to purchase a half acre lot near downtown Montgomery with easy access to 105 and 1097. Property has power on site and public water and sewer are available with taps already installed. Great road frontage access with a gravel driveway and the property is mostly cleared to build on. No HOA, low tax rate and ready for your dream home or investment property!
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Learn About the Market: Opportunity in Texas




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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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