6
Map
$99,900
●
Land -
For Sale
10924 L And M Road
Montgomery, TX 77316
Studio
0 Bath
$532
Est. Monthly
About This Property
Excellent opportunity to own a 0.505-acre lot in Montgomery, TX,
known as Lot 43 in Brookwood. This tract contains approximately
22,000 SF and offers a great setting for a future custom home,
investment hold, or builder opportunity. Located along L&M
Road, the lot is only about 1 minute from Jackson Road, with
convenient access toward Hwy 249, nearby H-E-B, shopping, golf
courses, and area amenities. The surrounding neighborhood includes
larger homes, with nearby sales reportedly ranging from the $600Ks
to $1M, supporting strong residential potential. Survey and
metes-and-bounds description are available. Buyer to independently
verify schools, utilities, restrictions, buildability, permits,
floodplain, access, and all development requirements. Drive by and
explore the potential of this well-positioned Montgomery County
lot.
Unit Size
-
Days on Market
-
Land Size
0.51 acres
Price per sqft
-
Property Type
Land
Property Taxes
$41
HOA Dues
-
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 days ago (HAR #87993737)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 26, 2026 | Listed by Katarzyna Myhan, Broker | $99,900 | |
| Listed by Katarzyna Myhan, Broker | |||
| Jun 25, 2026 | Listed by Katarzyna Myhan, Broker | $99,900 | |
| Listed by Katarzyna Myhan, Broker | |||
   | |||
|
Excellent opportunity to own a 0.505-acre lot in Montgomery, TX, known as Lot 43 in Brookwood. This tract contains approximately 22,000 SF and offers a great setting for a future custom home, investment hold, or builder opportunity. Located along L&M Road, the lot is only about 1 minute from Jackson Road, with convenient access toward Hwy 249, nearby H-E-B, shopping, golf courses, and area amenities. The surrounding neighborhood includes larger homes, with nearby sales reportedly ranging from the $600Ks to $1M, supporting strong residential potential. Survey and metes-and-bounds description are available. Buyer to independently verify schools, utilities, restrictions, buildability, permits, floodplain, access, and all development requirements. Drive by and explore the potential of this well-positioned Montgomery County lot.
| |||
Property Highlights
Exterior Details
Lot Features: Subdivision, 1/2 Up to 1 Acre, No Lot Improvements
Lot Size Area: 0.51
Lot Size Units: Acres
Lot Size Acres: 0.51
Lot Size Square Feet: 22215.6
Water Source: Public
Financial Details
Tax Annual Amount: $494
Utilities Details
Sewer : Public Sewer
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Montgomery
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Listed by: Kate Myhan, Katarzyna Myhan, Broker
Last Updated: 5 days ago
Data Source: HAR , MLS# 87993737
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Last Updated: 5 days ago
Data Source: HAR , MLS# 87993737
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