




$405,000
1186 Oak Lane, Montgomery, TX, 77316
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About this property
Built in 2023, this 4-bedroom, 2-bath home in the desirable Lake Lorraine community sits on a spacious 1/3-acre lot and offers an open-concept design with tile flooring throughout the main living areas, crown molding and elegant arched openings. A formal dining room greets you right off the entry while the kitchen flows seamlessly into the family room. The kitchen features leathered granite countertops, white cabinetry, a chevron-pattern subway tile backsplash, stainless steel appliances and a sunny breakfast area with a charming window seat. The split-bedroom layout offers privacy for the primary suite with a jetted tub, separate shower, double sinks with granite countertops and a large walk-in closet with built-in's. Three secondary bedrooms, the second bath, and utility room are tucked away on their own hallway. Enjoy the covered patio, sprinkler system, oversized garage & the huge backyard. Plus in the subdivision is Lake Lorraine and a private boat ramp with access to Lake Conroe.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Montgomery
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