1view

$356,166

1247 Mountain Lake Dr, Missouri City, TX, 77459

Off Market

4 Beds

4 Bath

3,237 Sq Ft

Single Family Residence

$113.99 / sqft

Built in 1990

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesFree-Standing Range

FlooringCarpet, Tile, Wood

Exterior

Lot Size6,094 sqft

Building Information

Year Built1990

Stories2

Roof Type105

Garage Spaces2

Land Information

APN5005-01-002-1040-907

Lot Number104

SubdivisionLexington Settlement Sec 1

Land UseResidential

Legal DescriptionLEXINGTON SETTLEMENT SEC 1, BLOCK 2, LOT 104, R/P

Census Tract671501

Assessed Land Value$40,300

Assessed Improvement Value$315,866

Assessment Year2025

About this property

Welcome to 1247 Mountain Lake in Missouri City, TX! This exceptional two-story residence is located in the highly sought-after FORT BEND ISD. With 4 spacious bedrooms and a 1st-floor master retreat, this home offers plenty of space for the whole family. The formal dining area and cozy living room with a gas fireplace provide the perfect setting for entertaining guests. The kitchen features ample counter space and a walk-in pantry, making meal preparation a breeze. Upstairs, you'll find 3 large bedrooms, 2 full baths, a game room, and a large laundry room. Outside, enjoy the custom wood deck and patio in the lush backyard, complete with mature trees that enhance the curb appeal. What sets this home apart is its PAID-OFF solar panel system, allowing you to enjoy modern amenities while reducing your carbon footprint. Top-rated schools in the FORT BEND ISD make this the perfect family home. Don't miss your chance to make this fabulous home yours! Schedule your appointment today.

Investor Tools

$356,166

Estimated Property Value

$207,150Estimated Mortgage Balance

$100,130Estimated Equity

42% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,214 /month

Positive

Cash Flow Estimate:

$738 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$786/month

$248/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,652

$356,166

2025

$40,300

$315,866

$356,166

Tax History

Year

Tax Paid

Assessed Value

2025

$7,652

$356,166

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Top One Mortgage

Conventional

$207,150

First

Feb 26, 2024

Mar 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$198,733

$157,433

44%

56%

$1,242/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

$1,490/mo

+$1,850/mo

11.3%

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.

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