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Days18Days on Market
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$309,990

116 West Coralburst Loop, Montgomery, TX, 77316

$328,992 ARVInfo
On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,865 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$166.21 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesENERGY STAR Qualified Appliances, Disposal, Refrigerator Included, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesSprinkler System
Lot Size14,664 sqft

Building Information

Garage Spaces2

Land Information

APN7927-02-02200
Lot Number4
SubdivisionPine Island At Woodforest 02
Land UseVacant Land
Legal DescriptionS792702 - PINE ISLAND AT WOODFOREST 02, BLOCK 3, LOT 4
Census Tract694503
Assessed Land Value$200,000
Assessment Year2025

About this property

MOVE IN READY - Welcome to the Bungalo, a thoughtfully designed two-story villa offering approximately 1,865 sq ft of living space. This home features 3 bedrooms, 2.5 baths, a flexible loft/flex space, and an attached two-car garage. Located within the Woodforest community by the award-winning Johnson Development Corporation, residents enjoy wooded landscapes, meandering walking trails and resort-style amenities including parks, recreation areas and access to the 27-hole golf club. With open-concept living and designer finishes, the Bungalo offers a modern, low-maintenance lifestyle built for convenience and comfort.

Investor Tools

$587,632Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$328,992
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

Interested in this property?

Jared Turner

Chesmar Homes

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$457/month
$1,392/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,388
$200,000
2025
$200,000
N/A
$200,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,388
$200,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Open End Mortgage / Open End With Future Advance Clause
$600,000
No
First
May 30, 2025
May 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$587,632
N/A
0%
140%
$3,598/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.

Explore Texas Explore This Area
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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