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    12411 Maggie Ln Willis, TX 77318

    Sponsored
    For Sale
    $2,999,000

    16 Acres, Lake Conroe Proximity, Development Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional 16-acre property in Willis, Texas, presents a unique investment opportunity near Lake Conroe. Located at 12411 Maggie Ln, Montgomery County, zip code 77318 (30.4094591, -95.5442154), this expansive land parcel offers versatile development potential. Priced at $2,999,000 ($187,437.50/acre), it's zoned for commercial, industrial, and ranch uses, making it suitable for a variety of ventures. The existing home, designed for residential or bed and breakfast use, adds to the property's appeal. The property's strategic location provides excellent access, with the possibility of acquiring an additional 4 acres with FM 830 road frontage, enhancing connectivity and accessibility. This prime location makes it ideal for diverse projects, including RV parks, ranches, or other commercial enterprises. The combination of size, location, and zoning regulations makes this a compelling investment opportunity for discerning buyers seeking a versatile and strategically located property in a rapidly growing area. Serious inquiries are encouraged to explore the full potential of this remarkable land parcel.

    Property Features for 12411 Maggie Ln

    General Information

    Property type
    Farms
    Lot Size
    696,960 SF

    HighLights

    • $2,999,000 asking price.
    • 16‑acre commercial, industrial, and ranch land parcel.
    • $187,437.50 per acre land value.
    • Located at 12411 Maggie Ln, Willis, TX 77318 in Montgomery County.
    • Potential for residential or commercial development.
    • Up to 20 acres total available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Willis
    County
    Montgomery
    State
    Texas
    Longitude
    -95.5442154
    Latitude
    30.4094591

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    FAQs

    What type of property is this?
    Farm - 16 Acres, Lake Conroe Proximity, Development Potential
    Where is this farm located?
    The property is located at 12411 Maggie Ln Willis, TX.
    What is the asking price?
    The asking price for this property is $2,999,000.
    What are key features of this property?
    This property features: $2,999,000 asking price.; 16-acre commercial, industrial, and ranch land parcel.; $187,437.50 per acre land value.
    Request Owner's contact information
    12411 Maggie Ln Willis, TX 77318
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    Willis, TX 77318
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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
    12411 Maggie Ln Willis, TX 77318
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