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New Garden-Style Apartment Community

155 Plez Morgan Dr., Montgomery, TX 77356

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Newly built 72-unit apartment community near Lake Conroe.

Type:Multifamily

Lot size:

7.59 Acres

HighLights

Newly Constructed (2024) 72‑Unit Garden‑Style Apartment Community
High‑Growth Location in Montgomery, TX with Strong Rental Demand
Situated on 7.59 Acres Near Highway 105 and Lake Conroe
Strong Market Rents with Upside Potential ($1.59/SF for 1‑Bedroom, $1.43/SF for 2‑Bedroom)
Less Than 2 Miles from New H‑E‑B Development
Fee‑Simple Ownership Offering Full Flexibility

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Listing Contact

Tyler Bynum

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For Sale

Contact for pricing

Newly built 72-unit apartment community near Lake Conroe.

Type:Multifamily

Lot size:

7.59 Acres

Added:: Apr 1, 2026
Days on Market:: 71
Last Refresh:: Apr 1 at 11:52 am

Property Features for 155 Plez Morgan Dr.

General Information

Standard status: Active
Lot size: 7.59 Acres
Property subtype: Multifamily

Building Details

Year Built: 2024

We can help!

Listing Contact

Tyler Bynum

Listing agent Tyler Bynum License #TX #727251

Listing office

Listing date Apr 1, 2026

Source Franklinst

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Tyler Bynum

HighLights

Newly Constructed (2024) 72‑Unit Garden‑Style Apartment Community
High‑Growth Location in Montgomery, TX with Strong Rental Demand
Situated on 7.59 Acres Near Highway 105 and Lake Conroe
Strong Market Rents with Upside Potential ($1.59/SF for 1‑Bedroom, $1.43/SF for 2‑Bedroom)
Less Than 2 Miles from New H‑E‑B Development
Fee‑Simple Ownership Offering Full Flexibility

Overview

Grand Monarch Apartments, completed in 2024, is a newly constructed, 72-unit garden-style community offering modern living and natural tranquility. The property is situated on 7.59 acres, just north of Highway 105 and west of Lake Conroe, providing a suburban retreat with connectivity to commercial and residential hubs. Current and proforma rents project at $1.59/SF for 1-bedroom units and $1.43/SF for 2-bedroom units. The property is offered on a fee-simple free-and-clear basis, allowing investors flexibility in financing and operational strategy. Located in Montgomery, TX, the property benefits from strong rental demand and economic growth. The location is less than 2 miles away from a new H-E-B development. Grand Monarch Apartments is a multifamily asset with value-add potential, poised to deliver long-term returns.

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Local Demand

City: Montgomery
County: Montgomery
State: Texas
Longitude: -95.6217
Latitude: 30.3933

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For sale
Apartment buildings
TX
Montgomery
77356
155 Plez Morgan Dr.

What type of property is this?

Apartment building - Newly built 72-unit apartment community near Lake Conroe.

Where is this apartment building located?

The property is located at 155 Plez Morgan Dr. Montgomery, TX.

What are key features of this property?

This property features: Newly Constructed (2024) 72‑Unit Garden‑Style Apartment Community; High‑Growth Location in Montgomery, TX with Strong Rental Demand; Situated on 7.59 Acres Near Highway 105 and Lake Conroe