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1520 Lone Star Parkway Pky
Montgomery, TX 77356

19.6 Acres-Lone Star Pkwy and Buffalo Springs · Land For Sale · 19.60 AC

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Executive Summary

This 19.6-acre development opportunity in Montgomery, Texas, is priced at $7.50 per square foot and offers a range of potential uses including Build-to-Rent (BTR), Multi-Family, Office Warehouse, Office Condos, and Retail. Situated within a Planned Development District, the site boasts prime accessibility with 820 feet of frontage along Lone Star Parkway and 1,330 feet along Buffalo Springs Drive, including a lighted intersection. Utilities are provided by the City of Montgomery, and the property benefits from a competitive 2023 tax rate of 1.968%. This site presents a rare opportunity for developers seeking a versatile and well-positioned location in a growing market.

PROPERTY FACTS

Sale Type	Investment	Proposed Use	Retail Office Multifamily Office Park
No. Lots	1	Total Lot Size	19.60 AC
Property Type	Land	Cross Streets	Buffalo Springs Drive
Property Subtype	Commercial

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Retail Office Multifamily Office Park
Total Lot Size	19.60 AC
Cross Streets	Buffalo Springs Drive

1 Lot Available

Lot

Price	$9,101,632 CAD	Lot Size	19.60 AC
Price Per AC	$464,369 CAD

Price	$9,101,632 CAD
Price Per AC	$464,369 CAD
Lot Size	19.60 AC

PROPERTY TAXES

Parcel Number	0008-00-00114	Improvements Assessment	$0 CAD
Land Assessment	$971,030 CAD	Total Assessment	$971,030 CAD

PROPERTY TAXES

Parcel Number

0008-00-00114

Land Assessment

$971,030 CAD

Improvements Assessment

$0 CAD

Total Assessment

$971,030 CAD

Listing ID: 33399134
Date on Market: 2024-10-03
Last Updated:
Address: 1520 Lone Star Parkway Pky, Montgomery, TX 77356

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