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    Rabon Chapel Rd Montgomery, TX 77316

    For Sale
    $1,887,600

    Prime Commercial Land, High Growth Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional ±29.04-acre commercial land parcel presents a remarkable investment opportunity in Montgomery County, Texas. Located on Rabon Chapel Road, this property boasts over 1,300 feet of road frontage in a rapidly expanding area northwest of Houston's metropolitan statistical area (MSA). Its strategic location offers convenient access to key amenities and infrastructure. Just 10 minutes from the town of Montgomery, 15 minutes from Conroe, and a 30-minute drive from The Woodlands, this site enjoys unparalleled connectivity. Families will appreciate the proximity to Montgomery ISD schools, including Lake Creek High School, Lone Star Elementary, and Oak Hills Middle School, all within a short 7-minute drive. Residents and businesses alike will benefit from easy access to a wide array of shopping, dining, healthcare facilities, and entertainment options. The property's potential extends to a variety of uses, making it ideal for a mixed-use development, including build-to-rent (BTR) or single and multifamily housing projects. Preliminary assessments suggest the land is served by Lake Bonanza water and is situated outside the floodplain, with no apparent pipelines. The property is subject to the City of Conroe's Extra Territorial Jurisdiction (ETJ). Priced at $1,887,600, or $65,000 per acre, this offering represents a compelling value proposition in a high-growth market. This is a rare opportunity to acquire a significant land holding in a thriving Texas community.

    Property Features for 0 Rabon Chapel Rd

    General Information

    Property type
    Land
    Lot Size
    1,264,982 SF

    HighLights

    • 1,300+ feet of Rabon Chapel Road frontage in a rapidly developing Houston MSA submarket.
    • 10 minutes to Montgomery, 15 minutes to Conroe, 30 minutes to The Woodlands.
    • 7‑minute drive to Montgomery ISD schools (Lake Creek HS, Lone Star Elementary, Oak Hills Middle).
    • Excellent access to retail, healthcare, dining, and entertainment.
    • Ideal for mixed‑use development, including build‑to‑rent (BTR) or multifamily housing.
    • Lake Bonanza water service.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Montgomery
    County
    Montgomery
    State
    Texas
    Longitude
    -95.6241594
    Latitude
    30.3429295

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, High Growth Area
    Where is this land located?
    The property is located at Rabon Chapel Rd Montgomery, TX.
    What is the asking price?
    The asking price for this property is $1,887,600.
    What are key features of this property?
    This property features: 1,300+ feet of Rabon Chapel Road frontage in a rapidly developing Houston MSA submarket.; 10 minutes to Montgomery, 15 minutes to Conroe, 30 minutes to The Woodlands.; 7-minute drive to Montgomery ISD schools (Lake Creek HS, Lone Star Elementary, Oak Hills Middle).
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    Rabon Chapel Rd Montgomery, TX 77316
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    Montgomery, TX 77316
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Rabon Chapel Rd Montgomery, TX 77316
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