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$20,020,978

NAL Estimated Property Value

TBD FM 149, Montgomery, TX, 77316

Off MarketInfo

About this property

Historic Montgomery, TX offers a rare opportunity to own one of the largest tracts within the city limits. With gently rolling terrain and a prime location in the heart of town, this property is perfect for a mixed-use development that honors the area's rich history. Located in northwest Montgomery County, one of the fastest-growing counties in Texas and the U.S., the property benefits from its proximity to major attractions. It's just a few miles from Lake Conroe, on a main route to Houston and NW Harris County. The surrounding area includes established neighborhoods and planned developments like Redbird Meadows, Chapel Bend, and Homeplace Lands, which features the new MISD Creekside Elementary. Only 40 minutes from The Woodlands, Exxon Headquarters, and George Bush Intercontinental Airport, this site is ideal for residential, lodging, entertainment, and retail projects. It offers access to award-winning Montgomery ISD schools and city utilities ready to support new development.

Investor Tools

Property Icon
$20,020,978
Estimated Property Value
$0Estimated Mortgage Balance
$20,020,978Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$120,126 /month
Positive
Cash Flow Estimate:
$40,042 /month

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Financing Details

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

City: Montgomery

TBD FM 149 | Property Details | No Agent List