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19.6 Acres Development Opportunity
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955 Lone Star Pkwy, Montgomery, TX 77356

Development opportunity in Montgomery, TX with versatile potential uses.

Property SizeContact for details
Lot Size19.60 Acres
Days on Market670

Property Features for 955 Lone Star Pkwy

General Information

Standard status Active
Lot size 19.60 Acres
Property subtype Land
Listing Agency: Newcor Commercial Real Estate
Listed By: David Alexander · License #TX 606724
Source: Crexi
Added: Oct 4, 2024 Changed: Jul 10 Last Checked: Aug 4 at 10:40AM

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 Newcor Commercial Real Estate

Investment Insights

Based on property information with market context.

This 19.6-acre site in Montgomery, Texas, presents a development opportunity suitable for Build-to-Rent (BTR), Multi-Family, Office Warehouse, Office Condos, and Retail projects. The property is located within a Planned Development District and features 820 feet of frontage on Lone Star Parkway and 1,330 feet of frontage on Buffalo Springs Drive, including a lighted intersection. Utilities are provided by the City of Montgomery. The property benefits from a 2023 tax rate of 1.968%. The land is priced at $7.50 per square foot.

Key Highlights

  • Versatile 19.6‑acre development opportunity suitable for Build‑to‑Rent, Multi‑Family, Office Warehouse, Office Condos, and Retail.
  • Prime accessibility with significant frontage on Lone Star Parkway (820 ft) and Buffalo Springs Drive (1,330 ft), including a lighted intersection.
  • Located within a Planned Development District.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Hair Salon Nail Salon Spa & Massage Center Pharmacy Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

189
Businesses Nearby

Demographics for 77356, TX

32,136
Population
14,982
Households
2.1
Avg Household Size
49
Median Age
44%
College-Educated
95%
High-School Grad
127.1 sq mi
ZIP Area
253
Density / Sq Mi
$113,750
Median Household Income
$55,533
Median Earnings
$1,608
Median Rent
$369,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Development opportunity in Montgomery, TX with versatile potential uses.
Where is this commercial 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: Versatile 19.6‑acre development opportunity suitable for Build‑to‑Rent, Multi‑Family, Office Warehouse, Office Condos, and Retail.; Prime accessibility with significant frontage on Lone Star Parkway (820 ft) and Buffalo Springs Drive (1,330 ft), including a lighted intersection.; Located within a Planned Development District.
(281) 210-0095 Call to check price and availability
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