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$336,000

NAL Estimated Property Value

1089 Clearwood Dr, Montgomery, TX, 77316

$357,434 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,062 Sq Ft
price_per_sqft$155.19 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Microwave, Gas Range, Dishwasher, Oven
FlooringCarpet, Vinyl

Exterior

Lot Size7,418 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APN5032-07-02700
Lot Number16
SubdivisionFairwater 07
Land UseResidential
Legal DescriptionS503207 - FAIRWATER 07, BLOCK 2, LOT 16
Census Tract694403
Assessed Land Value$75,000
Assessed Improvement Value$251,863
Assessment Year2025

About this property

Stunning one-story home in the highly desired Montgomery ISD. The Fairwater community features pickle ball courts, splash pad, park and pavilion and is situated close to plenty of shopping and restaurants in the ever-growing Montgomery area. Not to mention you are just minutes from Lake Conroe. This beautifully kept home features a 3-car garage along with 3 spacious bedrooms and plenty of living space. The bright white kitchen features premium granite slab counter tops and an upgraded black glass tile backsplash. Opening right up to the dining area makes a great place for guests to gather around the island and socialize. The large living room is flooded with natural light from the large windows. This home has plenty of storage with coat closets and linen closest and two closets in the primary suite. You will never run out of storage space. The Luxury Vinyl Plank flooring is carried throughout the common areas for continuity and flow. Don't miss the chance to own this beauty.

Investor Tools

Property Icon
$336,000
Estimated Property Value
$125,890Estimated Mortgage Balance
$210,110Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$357,434
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,016 /month
Positive
Cash Flow Estimate:
$672 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$770/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,560
$326,863
2025
$75,000
$251,863
$326,863
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,560
$326,863

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Unknown
$135,340
No
First
Aug 1, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$125,890
$202,110
61%
37%
$812/mo

Learn About the Market: Opportunity in Texas

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Explore

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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1089 Clearwood Dr | Property Details | No Agent List