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$671,000

NAL Estimated Property Value

121 Waterstone Dr, Montgomery, TX, 77356

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,641 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.19 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Ice Maker, Gas Oven, Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher, Instant Hot Water
FlooringCarpet, Tile

Exterior

Lot Size16,191 sqft

Building Information

Year Built2010
Stories2
Roof Type105
Garage Spaces3

Land Information

APN9486-00-00400
Lot Number4
SubdivisionWaterstone On Lake Conroe 01
Land UseResidential
Legal DescriptionS948600 - WATERSTONE ON LAKE CONROE 01, BLOCK 1, LOT 4
Census Tract694303
Assessed Land Value$40,478
Assessed Improvement Value$581,954
Assessment Year2025

About this property

Through front double doors luxurious living awaits you! Entertain with ease in this open concept gourmet kitchen w/ large island, custom cabinetry, pot filler, endless storage, breakfast area, & formal dining. Austin Stone accents throughout. First floor primary retreat has sitting area, sep entry to backyard, jet tub, rain shower head, & generous walk-in closet w/ built in storage. All secondary bedrooms down include raised ceilings, one w/ ensuite bath. Upstairs features huge media room, bonus room & full bathroom - flex space to fit your needs! Outdoor living includes a generous covered patio & backyard to add your custom pool, with park view, no neighbors! 3 car epoxy floor garage inc sep side entrance. Enjoy community walking/biking trails, pavilion, tennis, and basketball courts & only minutes to Lake Conroe. This home is zoned to the highly acclaimed Montgomery ISD! New A/C and dishwasher in 2020, new tankless water heater and ice machine in 2021, all new carpet up in Sept 2021.

Investor Tools

Property Icon
$671,000
Estimated Property Value
$379,118Estimated Mortgage Balance
$291,882Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,026 /month
Positive
Cash Flow Estimate:
$1,342 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,130/month
$790/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,203
$622,432
2025
$40,478
$581,954
$622,432
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,203
$622,432

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$413,600
No
First
Dec 15, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$379,118
$264,882
41%
57%
$2,480/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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121 Waterstone Dr | Property Details | No Agent List