Montgomery Junction

TBD SH-149 Montgomery, TX 77316

TBD SH-149, Montgomery, TX, 77316
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FOR SALE
Property Type:
Residential Land Development
Amount:
$20,020,977
Last Verified:
Apr 18, 2024

Highlights

  • Located in Montgomery County, TX - 11th Largest County in Texas, with a 4.5% Growth Rate (2023).
  • Montgomery County is #3 in the Country in Population Growth from 2022-23
  • Mixed-Use Opportunity - Residential, Retail, Lodging
  • Located a few miles from Lake Conroe
  • Montgomery ISD - Top-Rated District in the Area and State
  • Located on FM-149 with Direct Access to the Aggie Expressway (SH-249) and Northwest Houston
  • Quick Access to the Woodlands, Exxon Headquarters and Bush Intercontinental Airport
  • Utilities Provided by the City of Montgomery
  • Zoned by City for Residential, Commercial and Industrial

Description

Long-time family ranch located in Historic Montgomery, TX, birthplace of the Texas flag, with gently rolling topography and in the middle of town, ready for a new story. This is an opportunity to own one of the largest tracts available within the city limits and is prime for a mixed-use concept to tie into the history of the property, as well as the city. The city of Montgomery sits in the northwest region of Montgomery County, one of the fastest growing counties in Texas and the US, right in the path of development. Just a few miles from highly-popular Lake Conroe and located on one of the main access roads to Houston and NW Harris county. It is surrounded by multiple existing residential neighborhoods with others currently in planning and construction phase, such as Redbird Meadows to the west, Chapel Bend to the north, and Homeplace Lands property to the east, currently being developed around the newly-constructed MISD Creekside Elementary. It sits less than 40 mins from the Woodlands, Exxon Headquarters and George Bush Intercontinental Airport, and would be ideal for residential and lodging development, as well as an entertainment and shopping destination for locals and visitors alike coming to the Historic Downtown District. Zoned to the award-winning and highly-rated Montgomery Independent School District. City utilities are available and have capacity for a new development, according to the city. Contact us to take a drive around this unique opportunity.

TBD

Lot Size: 148.26 acres


Documents

Brochure (L)

Map of TBD SH-149, Montgomery, TX, 77316

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.