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Property profile & analytics
OFF-MARKET
Land

0 Rabon Chapel Rd Montgomery, TX 77316

29.04 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 29.04 ac (1,264,982 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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