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Key Details
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Square Footage 1,088 sqft
Price per Sqft $289
Subdivision Abstract Area 20 (Northeast Conroe)
MLS Listing ID 59971072
Sold Date 12/20/24
Bedrooms 2
Full Baths 2
Year Built 1993
Annual Tax Amount $4,389
Tax Year 2024
Lot Size 3.900 Acres
Acres 3.9
Property Description
3.9-acre property with NO RESTRICTIONS. Perfect for buyer looking to create a MULTIFAMILY RENTAL or INCOME-GENERATING PROPERTY. W/ 4 SEPARATE ELECTRIC METERS, this property is ready for those seeking flexibility and long-term value. The two-story home features SEPARATE ENTRANCES FOR EACH LEVEL, easy to accommodate multiple tenants. There are also 2 RV PAD SITES with water hookups, WELL WATER, and a NEW SEPTIC TANK already in place. Land includes 29,000 SQ FT OF STABILIZED CRUSHED CONCRETE, providing a strong foundation for further development or expansion. There is also a MOBILE HOME ON SITE, which needs some TLC but offers even more rental potential. Located off Highway 105 E, this property offers quick access to Conroe, with the city center only 10 min. away. With a LOW TAX RATE, ample space, and multiple income-generating possibilities, 775 Gandy Rd is an excellent investment for those looking to expand their rental portfolio. Schedule a tour today and explore the opportunities!
Location
State TX
County Montgomery
Area Conroe Northeast
Interior
Heating No Heating
Cooling Central Electric
Exterior
Private Pool No
Building
Story 1
Lot Size Range 2 Up to 5 Acres
Sewer Septic Tank
New Construction No
Schools
Elementary Schools Bartlett Elementary (Conroe)
Middle Schools Stockton Junior High School
High Schools Conroe High School
School District 11 - Conroe
Others
Senior Community No
Tax ID 0162-03-90900
Acceptable Financing Cash Sale, Conventional, Investor, Texas Veterans Land Board, VA
Tax Rate 1.5877
Disclosures Exclusions, Sellers Disclosure
Listing Terms Cash Sale, Conventional, Investor, Texas Veterans Land Board, VA
Financing Cash Sale,Conventional,Investor,Texas Veterans Land Board,VA
Special Listing Condition Exclusions, Sellers Disclosure
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Bought with LMW Property Management
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