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$342,000

NAL Estimated Property Value

1 Waters Edge Street, Montgomery, TX, 77356

Off MarketInfo
Beds3 Beds
Baths5 Bath
Baths2,678 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$76.18 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Cooktop, Electric Oven
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size3,600 sqft

Building Information

Year Built1980
Stories2
Roof Type127
Garage Spaces2

Land Information

APN2150-03-06900
Lot Number5
SubdivisionApril Sound 03
Land UseResidential
Legal DescriptionS215003 - APRIL SOUND 03, BLOCK 11, LOT 5
Census Tract694309
Assessed Land Value$54,000
Assessed Improvement Value$269,000
Assessment Year2025

About this property

This Golf Course home is situated in the gated community of April Sound. Sitting on the Red Course at the #9 tee box, you will love the amazing character of this home! From the stunning stone fireplace to the dream kitchen and the two balconies overlooking the golf course. Large master bedroom down with door leading to the covered veranda. The living room has floor to ceiling windows for amazing views or enjoy the views from your covered patio off the kitchen. Kitchen is a dream! Granite island for terrific work room or eating area. Wine fridge, SS appliances and beautiful cabinetry. Two bedroom up with game room that features full bath and kitchenette area. Perfect for guests. This room could also be used as an additional living room area or home office. Plenty of storage in this home! Each bedroom has ensuite bath. Electric box recently replaced and vinyl flooring recently added to areas of home.

Investor Tools

Property Icon
$342,000
Estimated Property Value
$183,669Estimated Mortgage Balance
$158,331Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,052 /month
Positive
Cash Flow Estimate:
$684 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$548/month
$204/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,862
$323,000
2025
$54,000
$269,000
$323,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,862
$323,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$200,000
No
First
Jan 18, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,669
$158,331
46%
54%
$1,200/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Montgomery

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1 Waters Edge Street | Property Details | No Agent List