Montgomery, TX 77356
$10,000,000List Price
$73,850 Est. Mo. Payment
For a given home price of $10,000,000, the monthly mortgage is computed using a 5% down payment ($500,000) and a 7.5% annual interest rate, spread over 360 payments.
0
84
0
50,579ft2

Status

Available

Description

50,579 SF of Townhomes on 2.32 Acres with Lake Conroe Views on Highway 105 W! There are 6 Buildings in total! Gated entrance, fully fenced around the entire property, large swimming pool with clubhouse, tons of parking, all overlooking Lake Conroe! These units feature 4 different floorplans, ranging from 2-3 stories with 2 Bedrooms/2 Baths to 3 Bedrooms/2 Baths. Bldg 1 has 5 Units (101-105) totaling 6,312 SF, has been renovated, staged & is ready for immediate move-in! Bldg 2 has 5 Units (106-110) totaling 6,312 SF & needs some work. Bldg 3: 6 Units (111-116) totaling 8,912 SF & needs work. Bldg 4: 7 Units (117-123) totaling 9,887 SF, most of the units are ready for move-in & 2 Units (119 & 120) would be perfect for Airbnb, as they offer spectacular views of Lake Conroe on the 3rd Floor! Bldg 5: 7 Units (124-130) totaling 10,160 SF, some of the units need work & 2 units are occupied. Bldg 6: 7 Units (131-137) totaling 8,996 SF, most units are occupied. Strong value-add opportunity!

MLS Listing ID

62752665

Listed By

Robert Graham
936-672-2087
Arrowstar Realty

Map

High School
Montgomery High School
Elementary School
Stewart Creek Elementary School
High School District
Montgomery
Middle Or Junior School
Montgomery Junior High School
Geo Market Area
Lake Conroe Area
Tax Year
2024
Tax Rate
2.0771
Tax Annual Amount
28
This expanded setting will include additional fields to closer define your loan needs and payment amount.
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$
%

Estimated Monthly Payment

$73,850

Loan Amount

$9,500,000

This calculator is illustrative, but your unique situation will best be served by seeking out a purchase budget pre-approval from a reputable mortgage provider. Start My Mortgage Application can provide you an approval within 48hrs.

Home Facts

Bathroom

Bathrooms Full
74
Bathrooms Half
20

Kitchen

Appliances

  • Electric Oven
  • Electric Range

Room Kitchen Features

  • Breakfast Bar
  • Kitchen open to Family Room

Laundry

Laundry Features

  • Inside
  • Electric Dryer Connection

Highlights

Interior Features

  • Split Plan
  • Balcony
  • High Ceilings

Roof

  • Composition

View

  • West
  • Water
  • Lake
  • North

Sewer

  • Public Sewer

Levels

  • Split Level
  • Multi/Split
  • Levels 2 and 3

Cooling

  • Ceiling Fan(s)
  • Electric

Fencing

  • Fenced
Stories
2
Lot Size Acres
2.3238
Parcel Number
34410000001

Pool Features

  • In Ground
Property Type
Residential
Stories Total
3
Pool Private

Parking Features

  • Additional Parking
  • Off Site
  • Paved
  • Driveway Gate
  • Automatic Gate
Property Sub Type
Townhouse/Condo,Townhouse

Exterior Features

  • Front Yard
  • Sprinkler System
  • Balcony
Property Type
Townhouse/Condo
Building Area Total
50579

Community Features

  • Clubhouse

Accessibility Features

  • Accessible Entrance
  • Accessible Common Area

Patio And Porch Features

  • Patio/Deck

Flooring

  • Laminate
  • Carpet
Year Built
1983

Road Surface Type

  • Curbs
  • Asphalt

Foundation Details

  • Slab

Architectural Style

  • Traditional

Construction Materials

  • Brick
  • Wood Siding

Heating

  • Electric
Heating

Water Source

  • Public