Multifamily

Montgomery, TX Multifamily Properties for Sale

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Mixed-Use Property Near Lake Conroe
Updated: Nov 28, 2025
Mixed-Use Property Near Lake Conroe

19637 W Fm 1097 Rd, Montgomery, TX 77356

$2,000,000
5.00 AC lot
High‑traffic location with 300' frontage on FM 1097 West, between Willis and Montgomery.
Mixed‑use property with potential for commercial development on the front 2 acres and existing residential rental units on the back 3 acres.
Tenanted: Includes 10 residential rental units, all currently leased.
Essential infrastructure: Features 2 working wells and a complete commercial sewer system.
Located in fast‑growing western Montgomery County, close to Lake Conroe and major roadways (I‑45, FM 149, Hwy 105).
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Duplex Residential Income Property
Updated: Jul 22
Duplex Residential Income Property

16872 Kempwood, Montgomery, TX 77316

$325,000
Two‑unit duplex built in 2014 (16868 and 16872 Kempwood).
Each side features an open floor plan with fresh paint and flooring.
Each unit includes a nice‑size laundry room.
High ceilings in both units for a more spacious feel.
Each unit has a private backyard area.
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Renovated 8-Unit Multifamily Property
Renovated 8-Unit Multifamily Property

12455 Melville Dr, Montgomery, TX 77356

$1,999,500

Renovated 8-unit complex with two-bedroom, two-bath layouts, in-unit washer and dryer hookups, and a resort-style pool.

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New Garden-Style Apartment Community
New Garden-Style Apartment Community

155 Plez Morgan Dr., Montgomery, TX 77356

Contact for pricing
7.59 AC lot

Newly built 72-unit apartment community near Lake Conroe.

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Income-Producing Duplex Near Lake Conroe
Income-Producing Duplex Near Lake Conroe

16800/16804 Crestmont, Montgomery, TX 77316

$285,000

Duplex in Lake Conroe Village, great for investors or buyers.

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Waterfront Investment Property in Montgomery, TX
Waterfront Investment Property in Montgomery, TX

1000 April Sound Blvd, Montgomery, TX 77356

Contact for pricing

Rare opportunity: 24-unit commercial property in April Sound community.

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Lakeview Condo with Private Balcony
Lakeview Condo with Private Balcony

306D Lakeview Terrace Ter 306D, Montgomery, TX 77356

$150,000
1.79 AC lot

Condo with lake views, loft, and elevator access.

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The Village at Lake Conroe
The Village at Lake Conroe

17338 FM 1097, Montgomery, TX 77356

Contact for pricing

New development near Lake Conroe with 244 spaces.

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Based on your search, we've compiled 27 Potential Opportunities for your consideration. Besides 8 Active listings in Montgomery, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

2BR Townhome with Private Bathrooms
2BR Townhome with Private Bathrooms

175 Binnacle Court Unit B, Willis, TX 77318

$158,800
1,628 sqft

Move-in ready 2-bedroom townhome with attached garage and two upstairs bedrooms, each with a private bathroom.

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New Duplex Near Highway 105
New Duplex Near Highway 105

1306 N 9th St, Conroe, TX 77301

$689,900
0.31 AC lot

New, tenant-occupied duplex near Highway 105 in Conroe, Texas.

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Lake Conroe Condo with Dual Living
Lake Conroe Condo with Dual Living

7039 Kingston Cove Ln 306, Willis, TX 77318

$259,000
0.02 AC lot

Condo on Lake Conroe with potential for dual living.

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New Construction Duplex Residence
New Construction Duplex Residence

162 Parkgate St, Conroe, TX 77304

Contact for pricing

A new two-story duplex plan with three bedrooms, 2.5 baths, two-car garages, and private covered back porches.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Unrestricted Land on FM 1486
Unrestricted Land on FM 1486

3974 FM 1486, Montgomery, TX 77356

Contact for pricing

Unrestricted commercial land with frontage on FM 1486.

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Plantersville Land For Sale
Plantersville Land For Sale

Lot 10 Sweetleaf Lane, Plantersville, TX 77363

$35,000
11,250 sqft 0.26 AC lot

0.26 acre lot with quick highway access.

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Land Tract with Highway 105 Access
Land Tract with Highway 105 Access

3959 Highway 105 E, Navasota, TX 77868

$429,000
5.72 AC lot

5.72-acre tract with fenced perimeter, stock tank, and Hwy 105 east frontage for flexible uses.

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2.25 Acre Tract for Development
2.25 Acre Tract for Development

18448 Pickering Rd, Conroe, TX 77302

$115,000
2.25 AC lot

2.25 acre tract ideal for residential or business use.

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Off-Market Properties in Montgomery, TX

Consider similar Off-Market properties in Montgomery, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

14860 Hwy 105th W
GARDEN APT, COURT APT (5+ UNITS)

14860 Hwy 105th W, Montgomery, TX 77356-5608

Value Estimation by Request
5,740 sqft 0.83 AC lot
View details
15630 Walden Rd
GARDEN APT, COURT APT (5+ UNITS)

15630 Walden Rd, Montgomery, TX 77356-2287

Value Estimation by Request
162 sqft 8.34 AC lot
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1938 Old Riv Rd
GARDEN APT, COURT APT (5+ UNITS)

1938 Old Riv Rd, Montgomery, TX 77356-5974

Value Estimation by Request
1,008 sqft 0.31 AC lot
View details
325 Flagship Blvd
GARDEN APT, COURT APT (5+ UNITS)

325 Flagship Blvd, Montgomery, TX 77316-1629

$3,525,000
Estimated value
104,013 sqft 4.10 AC lot
View details
425 Mccaleb Rd
GARDEN APT, COURT APT (5+ UNITS)

425 Mccaleb Rd, Montgomery, TX 77316-5219

$790,000
Estimated value
3,870 sqft 11.75 AC lot
View details
14949 Hwy 105th W
GARDEN APT, COURT APT (5+ UNITS)

14949 Hwy 105th W, Montgomery, TX 77356-2831

$580,000
Estimated value
9,864 sqft 1.37 AC lot
View details
Pine Lake Rd
Lifestyle centers

0 Pine Lake Rd, Montgomery, TX 77356

Value Estimation by Request
1.00 AC lot
View details
15429 Rabon Chapel Rd
Multifamily properties

15429 Rabon Chapel Rd, Montgomery, TX 77316

Value Estimation by Request
View details
155 Plez Morgan
Multifamily properties

155 Plez Morgan, Montgomery, TX 77356

Value Estimation by Request
71,400 sqft 7.59 AC lot
View details
19790 Hwy 105th W
GARDEN APT, COURT APT (5+ UNITS)

19790 Hwy 105th W, Montgomery, TX 77356-5263

Value Estimation by Request
1,404 sqft 4.63 AC lot
View details
55 Fair Oak St
GARDEN APT, COURT APT (5+ UNITS)

55 Fair Oak St, Montgomery, TX 77356

Value Estimation by Request
1,856 sqft 3.20 AC lot
View details

Montgomery, TX Multifamily Properties Market Trends and Statistics

Explore 19 multifamily properties for sale in Montgomery, TX, showcased through 8 active listings on our real estate platform.

Sale prices for multifamily properties in Montgomery, TX start at $150,000, averaging $951,900, and reaching up to $2,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 9
Duplexes 2
Mobile home & RV parks 2

Demographics Overview

Population 63K
Population Growth (5Y) +24.0%
Median Household Income $121,689
College Educated 57.8%

High-Yield Neighborhoods for Investment

Identify Montgomery submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
77316 $305K
77356 $1.4M

Taxes & Financing

Tax Rate (average for all types) 1.69%
Property Tax per SF $42.11 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Montgomery County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Montgomery fall within the 50,000 to 100,000 square foot range.

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