INCREDIBLE WATERFRONT PROPERTY, situated on 4.29 acres with 12 CONDOS (2B/2ba), which are 100% occupied. It's located on a beautiful cove, popular for watersports and fishing. This cove connects to a multi-million dollar community that is currently underway! There are existing boat & jet ski docks. The civil plans are City approved for an additional 86+/- condos/apartments. The infrastucture is in place, including underground, building pads,plans, drainage and parking. WATER and SEWER in place. No MUD tax/Unrestricted. Located 4 miles from 1-45, close proximity to Woodlands, Margaritaville and Houston. A UNIQUE INVESTMENT OPPORTUNITY with Multiple options for additional income streams. Extremely rare property on Lake Conroe.. in the heart of one of the fastest growing counties in the nation! COME,TAKE A LOOK!