731 Martin Luther King, Montgomery, TX 77356 - Photo 1

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$175,000

For Sale
Active
Single Family
1 Bed
1 Full Bath
912 Sq. Ft.
2 Acres
Updated 8 days ago

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Property Description

Rare opportunity to purchase two homes on approximately 2 acres 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 possibilities: Family Compound, investment Opportunity,Weekend Retreat, Boutique Vacation Rentals, Bed and Breakfast Concept, or Artist Retreat or Studio Don't miss this one!

Full Property Details

Full Property Details for 731 Martin Luther King

General

Price: $175,000
Taxes: $997 (2025)
Status: Active
Type: Single Family
Source: Houston
MLS ID: 28898458
Updated: 8/13/2026
Added to Site: 27 day(s) ago

Interior

Number of Rooms: 1
Fireplace: Yes
Number of Fireplaces: 1

Rooms

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Bedrooms

Total Bedrooms: 1

Location

Area: 39
County: Montgomery
Subdivision: Rigsby Ben
Driving Directions: 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.

School Information

Elem School District: 37 - Montgomery
Midd School District: 37 - Montgomery
High School District: 37 - Montgomery
Elementary School: LINCOLN ELEMENTARY SCHOOL (MONTGOMERY)
Middle School: MONTGOMERY JUNIOR HIGH SCHOOL
High School: MONTGOMERY HIGH SCHOOL

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Window Unit(s)
Heating Type: Window Unit

Utilities

Water: Public

Structural Information

Architectural Style: Traditional
Construction: Wood Siding
Roof: Metal
Stories/Levels: 1
Square Feet: 912
Sq. Ft. Source: Appraiser
Living Area: 912 Sq. Ft.
Year Built: 1960
Year Built Source: Public Records

Lot Features

Lot Size (Acres): 2
Lot Size Source: Appraiser
Lot Features: Cleared

Financial Considerations

Tax Amount: $997
Tax Year: 2025
Terms: Cash, Conventional, Investor Financing

Disclosures and Reports

Legal Description: A0031 A0031 - RIGSBY BEN J, TRACT 36, ACRES 1, IMP ONLY
Legal Disclosures: None
APN: 429161

Listed by Allsource Properties (832) 623-7603, Glenda Jackson (832) 338-8181

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Listing agent

— 731 Martin Luther King —

Glenda Jackson

Allsource Properties

832-338-8181

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NMLS#: 1598647

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Schools

Schools serving 731 Martin Luther King

School District:Montgomery Independent School District

Name	Grades	Distance
Lincoln Elementary School, Montgomery, TX 700 Doctor Martin Luther King Junior Drive, Montgomery, TX 77356	PK-5	0.2 mi
Montgomery J High School 19000 Stewart Creek Road, Montgomery, TX 77356	6-8	2.4 mi
Montgomery High School 22825 Highway 105 West, Montgomery, TX 77356	9-12	1.4 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 731 Martin Luther King Get Price Alerts and Save Property

Date

Details

Price

Change

Source

8/06/2026

Price Reduced

$175,000

-36.36%

MLS

7/30/2026

Listed

$275,000

—

MLS

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 731 Martin Luther King

Year

Property Taxes

Change

Tax Assessment

Change

2025

$1,008

20%

$52,203

25%

2024

$842

8%

$41,692

5%

2023

$782

-8%

$39,730

—

2022

$853

33%

$39,730

38%

2021

$643

-2%

$28,890

—

2020

$656

13%

$28,890

20%

2017

$583

-3%

$24,090

-3%

2016

$604

8%

$24,930

3%

2019

$557

-7%

$24,090

-3%

2014

$599

42%

$24,930

43%

2013

$421

—

$17,450

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 731 Martin Luther King

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731 Martin Luther King, Montgomery, TX 77356 (MLS# 28898458) is a Single Family property with 1 bedroom and 1 full bathroom. 731 Martin Luther King is currently listed for $175,000 and was received on July 30, 2026. Want to learn more about 731 Martin Luther King? Do you have questions about finding other Single Family real estate for sale in Montgomery? You can browse all Montgomery real estate or contact a Coldwell Banker agent to request more information.

731 Martin Luther King Montgomery, TX 77356