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$1,512,000

NAL Estimated Property Value

11416 Lake Oak Dr, Montgomery, TX, 77356

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths5,183 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$320.08 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Private PoolPrivate Pool
Exterior FeaturesBoat Slip
Lot Size22,085 sqft

Building Information

Year Built2003
Roof Type105
Garage Spaces3

Land Information

APN5380-05-04200
Lot Number42
SubdivisionGrand Harbor 05
Land UseResidential
Legal DescriptionGRAND HARBOR 05, BLOCK 1, LOT 42
Census Tract694303
Assessed Land Value$172,263
Assessed Improvement Value$884,510
Assessment Year2025

About this property

Resort style gated luxury lakefront living in the community of Grand Harbor on Lake Conroe.This stunning 2 story, 5 bedroom, 4 1/2 bath, 3 car garage estate sits on a half-acre lot.Custom iron front double doors open to breathtaking views of your own private oasis back yard pool, outdoor kitchen, fire pit & canal.The family chef has their dream kitchen w waterfall quartzite island, counters, SS appliances,walk in glass door pantry & stunning pendant lights.Lavish engineered flooring. Built in closet Bighorn safe. Generously sized secondary bedrooms all up. Secluded upstairs game room with half bath.This home's thoughtfully designed layout flows effortlessly from one stunning space to the next.Just when you think you’ve seen it all, there’s more!Every turn reveals endless possibilities.Instant lake access with your own walking path to your BOAT DOCK WITH LIFT and fish washing station.Low tax rate.Close to Jimmy Buffet's Margaritaville, highly-acclaimed schools, dining & shopping nearby.

Investor Tools

Property Icon
$1,512,000
Estimated Property Value
$965,723Estimated Mortgage Balance
$546,277Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,954 /month
Positive
Cash Flow Estimate:
$3,318 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,220/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,083
$997,355
2025
$172,263
$884,510
$1,056,773
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,083
$997,355

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ranjith Sasidharan Nirmala
Purchase Money Mortgage
$50,000
No
First
Apr 4, 2025
Sep 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$965,723
$552,277
36%
64%
$5,846/mo

City: Montgomery

11416 Lake Oak Dr | Property Details | No Agent List