16940 Fm 1097 Willis, TX 77378
This exceptional 9.9-acre property in Willis, Texas, presents a unique investment opportunity. Located on FM 1097E in Montgomery County, this unrestricted land boasts a substantial 2468 square foot pier and beam home. The existing structure offers significant flexibility; it could easily be repurposed into office space, providing immediate income potential, or renovated for residential use. The property's unrestricted nature allows for a wide range of development possibilities, making it ideal for various ventures. The expansive acreage provides ample space for future expansion or the creation of additional structures. Situated in the 77378 zip code, this property offers convenient access to local amenities and transportation routes. With its combination of existing building and vast land area, this property is a rare find, offering both immediate usability and significant long-term potential. The asking price is $699,900. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.