403 Cherokee Dr, Conroe, TX 77316

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List Price
$269,000
Status
ACTIVE
MLS#
34654388
Days on Market
0
Lot Size
124,438
Lot Size Source
Appraiser
Subdivision
Lake Conroe Forest 02
Region
39
Market Area
Lake Conroe Area
County
Montgomery

Property Description

Builders and developers, stop scrolling. This is the one you've been hunting for. Almost 3 acres in Lake Conroe Forest, minutes from the water with community boat ramp access, lakeside parks and fishing. Here's your edge: this area was historically septic only, with neighbors stuck on aerobic systems, but this property gets city water and city sewer. No septic hassle, no guesswork, just a site ready to build. Replat as up to 14 duplexes (28 doors) or as single-family lots. Do the math: 14 lots at $269,000 is about $9,000 a door. That per-unit number simply does not happen near Lake Conroe. Quick access to SH 105 West and I-45, with restaurants, shopping and marinas close by and Conroe an easy drive. Zoned to Montgomery ISD. Lake lifestyle demand, utilities coming, and the math already works. Seller data room available on request: site plans, surveys, construction drawings and more. Opportunities like this get snapped up fast. The first builder who calls wins. Call today.

Additional Information

Finance Available
Cash
Taxes
$3,730
Neighborhood
Lake Conroe Area
Utilities
Electricity Available, Phone Available
Lot Description
Corner Lot, Subdivision, Split Possible, Wooded
School District
Montgomery
Elementary School
Keenan Elementary School
Middle School
Oak Hill Junior High School
High School
Lake Creek High School

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Calculator source: Real Geeks

Listing courtesy of eXp Realty LLC.