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731 Martin Luther King Dr

Montgomery, TX 77356
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Bed 1

Bed

Bath 1

Bath

SqFt912

Sqft

Acres2

Acres(Lot)

Rare opportunity to purchase two homes on approximately 1 acre in the heart of Historic Montgomery! This offering includes 731 and 729 Martin Luther King Jr. Blvd. and must be sold together. Each property sits on approximately one acre and includes an existing home ready for a complete renovation. Whether you're looking to create a multi-generational family compound, investment property, rental opportunity, or restore both homes into charming residences, the possibilities are endless. Enjoy mature trees, open space, and a peaceful setting just minutes from Historic Downtown Montgomery, local shopping, restaurants, schools, and Lake Conroe. Bring your vision and transform this unique property into something truly special. Properties are being sold together as one package . Endless possibil ities: Family Compound, investment Opportunity,Weekend Retreat, Boutique Vacation Rentals, Bed and Breakfast Concept, or Artist Retreat or Studio Don't miss this one!

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Detail Ic Property Details

Property Type : Residential

Price : $145,000

AD Id : 88649248

MLS Id : 28898458

Beds : 1

Lot Size : 2 Acres

Living Area Size : 912 Sq. Ft

Tax Amount : $997

Year Built : 1960

County : Montgomery

Subdivision: Rigsby Ben

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Feature Features

  • Bedroom Information

    Total beds: 1

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Room Information

    Rooms Total: 1
  • Roofing Information

    Metal
  • Interior Features

    Roof: Metal
  • Heating & Cooling

    Has Heating: Yes Has Cooling: Yes Cooling: Window Unit(s)

  • Building Information

    Year Built: 1960 Building Area Total: 912 Construction Materials: Wood Siding Stories: 1 Private Pool: No

  • Lot Information

    Main Square Feet: 2 Acres Lot Size Acres: 2 Lot Size Square Feet: 87120 Lot Description: Cleared

    Property Information

    Subdivision: Rigsby Ben Source Property Type: Residential Postal Code Plus 4: 6497 Property SubType: Single Family Residence Property Age: 66

  • Listing Price Information

    Listing Price: $145000 Original Price: $275000 Cash, Conventional

  • Tax Information

    Parcel Number: 429161 Tax Year: 2025 Annual Tax: $997 Tax Legal Desc: A0031 A0031 - RIGSBY BEN J, TRACT 36, ACRES 1, IMP ONLY

  • School Information

    Elementary School: Lincoln Elementary School (Montgomery)
    Junior High School: Montgomery Junior High School
    Senior High School: Montgomery High School
  • Location Information

    Direction: Take I-45 north to Conroe and turn left on 105 going west for 13 miles to Lone Star Parkway go turn right. Go two miles to North Liberty Street. Turn right. Turn left on Dr. Martin Luther King Drive. The property will be on the left. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
15861 Evergreen Lane, Montgomery, TX, 77356 $35,000 -- 1 1,000 0.22 Acre
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28560 Oaks On The Water, Montgomery, TX, 77356 $2,100,000 6 6 5,464 0.25 Acre
11068 First Light Lgt, Montgomery, TX, 77356 $699,000 4 3 2,948 0.15 Acre
3920 Brookhaven Drive, Montgomery, TX, 77356 $935,000 3 2 1,986 0.37 Acre
15317 Marina Drive, Montgomery, TX, 77356 $1,449,000 4 5 3,788 0.15 Acre
11130 Hunters Landing L.., Montgomery, TX, 77356 $375,000 3 2 2,362 0.15 Acre
15333 Marina Drive, Montgomery, TX, 77356 $1,270,000 3 4 3,388 0.08 Acre
131 S Park Drive, Montgomery, TX, 77356 $599,900 4 3 2,784 0.22 Acre
11231 Burning Tree Drive, Montgomery, TX, 77356 $269,000 3 2 1,449 0.09 Acre

Copyright 2026, Houston REALTORS® Information Service, Inc. The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

ByOwner last updated this listing 10/01/2026 @ 19:15

MLS: 28898458 LISTED BY: Glenda Jackson, Allsource Properties 832-623-7603 SOURCE: Houston Association of REALTORS

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