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$662,000

11535 Shelleys Run, Montgomery, TX, 77316

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,987 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130.53 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Range, Gas Oven
FlooringCarpet, Tile

Exterior

Lot Size1 acre

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces2

Land Information

APN5390-09-02300
Lot Number15
SubdivisionGrand Lake Estates
Land UseResidential
Legal DescriptionS539009 - GRAND LAKE ESTATES 09, BLOCK 2, LOT 15, ACRES 1
Census Tract694502
Assessed Land Value$130,000
Assessed Improvement Value$521,477
Assessment Year2025

About this property

This incredible 4 bed 3 and a half bath traditional sits on 1 acre and neighbors a lovely wooded area. The updated home is welcoming with its curb appeal and fresh rustic modern interior. The kitchen was opened up recently to include a large island with bar seating, thick granite counters, SS appliances, and breakfast area. The large living room has a gorgeous mantled fireplace. Office or formal dining is to the left of the entry. Isolated first floor master has elevated ceilings, a large well finished bathroom that includes twin vanities, garden tub, stand up shower, and twin walk in closets. Upstairs there is a large common area perfect for entertainment or game area, three spacious bedrooms and two full bathrooms. Carpet has recently been upgraded to include dust and water resistant padding. Only high quality in this home. New Schools to open this year: Kennan Elementary, Oak Hills Jr High and Lake Creek High

Investor Tools

Property Icon
$662,000
Estimated Property Value
$314,925Estimated Mortgage Balance
$378,268Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,972 /month
Positive
Cash Flow Estimate:
$1,324 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$892/month
$595/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,397
$608,609
2025
$130,000
$521,477
$651,477
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,397
$608,609

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Residential Mortgage Group
Conventional
$314,925
No
First
Mar 10, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$283,732
$376,268
57%
43%
$1,889/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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11535 Shelleys Run | Property Details | No Agent List