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$308,000

NAL Estimated Property Value

11343 Glenforest Dr, Montgomery, TX, 77356

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,737 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.86 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Double Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Vinyl

Exterior

Lot Size4,860 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces2

Land Information

APN9455-05-27500
Lot Number11
SubdivisionWalden 05
Land UseResidential
Legal DescriptionWALDEN 05, BLOCK 40, LOT 11
Census Tract694306
Assessed Land Value$38,880
Assessed Improvement Value$234,910
Assessment Year2025

About this property

If you’re ready for leisure lake living, this home is for you! Sitting on a corner lot just two blocks from the banks of Lake Conroe is this coveted two-story 3BD, 2 BA home. With multiple boat loading docks located just around the corner, this home is perfect for those who love to get out on the water for skiing, fishing, or sunning! Convenience is abundant in this neighborhood, with 3 restaurants and pools, fitness center, yacht club, excellent schools, and more. The home's interiors feature upgrades that include updated countertops and sinks in the kitchen and both bathrooms. New carpet upstairs and fresh paint throughout. New luxury vinyl plank flooring downstairs. You will also enjoy cooking with high quality appliances, plentiful cabinet space, a walk-in pantry, and upgraded under-cabinet lighting. The pleasant and roomy primary suite is fully equipped with a deluxe primary bathroom, glossy countertops, and a double showerhead shower. Fridge, washer and dryer are included!

Investor Tools

Property Icon
$308,000
Estimated Property Value
$191,781Estimated Mortgage Balance
$116,219Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,848 /month
Positive
Cash Flow Estimate:
$616 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$557/month
$1,054/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,141
$273,790
2025
$38,880
$234,910
$273,790
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,141
$273,790

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas First Bank
Commercial
$204,000
No
First
Feb 24, 2023
May 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$191,781
$105,219
35%
62%
$1,224/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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11343 Glenforest Dr | Property Details | No Agent List