955 Lone Star PkwyMontgomery, TX 77356

For Sale
$6,400,000
Property records and analytics
19.6 Acres, Prime Development Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 19.6-acre tract in Montgomery, Texas, presents a compelling investment opportunity for developers. Located at 955 Lone Star Pkwy, 77356, this commercially and residentially zoned land offers significant potential. The property boasts 820 feet of frontage on Lone Star Parkway and 1,330 feet on Buffalo Springs Drive, including a lighted intersection, ensuring high visibility and accessibility. The asking price is $6,400,000, translating to $7.50 per square foot. Situated within a Planned Development District, the land is ideally suited for a variety of uses, including Build-to-Rent (BTR), multi-family residential, office warehouse, office condos, and retail developments. City of Montgomery utilities are readily available. The property benefits from a competitive 2023 tax rate of 1.968%, making it an attractive proposition for investors. This rare opportunity combines prime location, versatile zoning, and excellent infrastructure in a thriving Texas market. The property's strategic location and extensive frontage provide exceptional development potential. This is a unique chance to acquire a substantial land parcel in a rapidly growing area.

Highlights

  • 19.6-acre tract in Montgomery, TX, at 955 Lone Star Pkwy, 77356.
  • Commercially and residentially zoned, offering high development potential.
  • 820' frontage on Lone Star Pkwy and 1330' on Buffalo Springs Dr, including a lighted intersection.
  • $6,400,000 asking price ($7.50/SF).
  • Suitable for BTR, multi-family, office/warehouse, office condos, and retail. City utilities available.
  • 2023 tax rate: 1.968%.

Property Details for 955 Lone Star Pkwy

Property type
Land
Lot Size (sq. ft)
853,776 SF

Location Insight

City
Montgomery
County
Montgomery
State
Texas
Latitude
30.396840273187
Longitude
-95.686384285208
955 Lone Star Pkwy, Montgomery, Texas

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FAQs

What type of property is this?
Land - 19.6 Acres, Prime Development Opportunity
Where is the land located?
The property is located at 955 Lone Star Pkwy Montgomery, TX.
What is the asking price?
The asking price for this property is $6,400,000.
What are key features of this property?
This property features: 19.6-acre tract in Montgomery, TX, at 955 Lone Star Pkwy, 77356.; Commercially and residentially zoned, offering high development potential.; 820' frontage on Lone Star Pkwy and 1330' on Buffalo Springs Dr, including a lighted intersection.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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Contacts

David Alexander
David Alexander
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Lone Star Pkwy
Montgomery, TX 77356

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Montgomery, TX 77356

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

955 Lone Star Pkwy
  • David Alexander
    David Alexander
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