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$826,674

NAL Estimated Property Value

130 Fairwater Drive, Montgomery, TX, 77356

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,132 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$317.66 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher, Refrigerator, Washer
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBoat Slip
Lot Size9,705 sqft

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces3

Land Information

APN9478-00-02000
Lot Number20
SubdivisionWaters Edge A-6
Land UseResidential
Legal DescriptionWATERS EDGE A-6, BLOCK 1, LOT 20
Census Tract694305
Assessed Land Value$155,280
Assessed Improvement Value$671,394
Assessment Year2025

About this property

Welcome to the gated community of Waters Edge on Lake Conroe. This home is situated on a street that is secluded and so peaceful with some amazing views of Lake Conroe. Ceiling to floor windows in the living and dining area as well as Master Suite. The living, dining and kitchen are open to enjoy the lake views and relaxing outdoor area to include pool/hot tub, covered patio, large entertaining area, large deck with boat and jet ski lift. Garage is oversized with great storage. Speaking of storage, each bedroom has walk in closets, upstairs bathroom features two walk in closets and upstairs has wall of shelving for more storage. Great work space upstairs that currently has a twin daybed used for overnight guests. This area would make the perfect "play area or homework station". Downstairs office is currently used as bedroom. All furnishings are negotiable. Boat and Ski are for sale. Please see your agent for a list of all the updates to the home. No short term rentals allowed.

Investor Tools

Property Icon
$826,674
Estimated Property Value
$843,509Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,969 /month
Positive
Cash Flow Estimate:
$1,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,777/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,185
$826,674
2025
$155,280
$671,394
$826,674
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,185
$826,674

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$877,500
No
First
Dec 21, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$843,509
N/A
0%
102%
$5,762/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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130 Fairwater Drive | Property Details | No Agent List