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Property profile & analytics
OFF-MARKET
Specialty properties

3 Strawberry Ln Montgomery, TX 77356

2.51 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.5356-acre property on Lake Conroe presents a unique redevelopment opportunity. Situated on a picturesque peninsula, it boasts over 1,300 linear feet of stunning waterfront, offering breathtaking views. The property includes 2.5055 deeded acres and a 1.03-acre waterfront perpetual easement (with an option to purchase). Three existing homes (3,504 sq ft, 1,810 sq ft, and 1,688 sq ft) provide immediate income potential or a foundation for a larger project. The location is highly desirable, nestled between Conroe and Montgomery, Texas, with convenient access to Interstate 45 via Highway 105. Infrastructure is in place, with water and sewer services provided by a water district and a private well available for irrigation. This prime location, combined with the expansive waterfront and existing structures, creates an unparalleled opportunity for high-end residential development or a unique luxury destination. The property's APN is 250754, 30388, and the address is 3, 4, 5 Strawberry Ln, Montgomery, TX 77356. This is a rare chance to acquire a significant piece of Lake Conroe real estate with exceptional development potential.

Property profile
Verified
Property type Specialty properties
Lot 2.51 ac (109,118 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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