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Owner Contacts

$639,500

15619 Connie Ln, Montgomery, TX, 77316

Off Market

4 Beds

3 Bath

2,816 Sq Ft

Single Family Residence

$239.7 / sqft

Built in 2002

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Water Softener, Microwave, Gas Cooktop, Gas Range, Dishwasher

FlooringTile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen

Lot Size1.69 acres

Building Information

Year Built2002

Stories2

Roof Type105

Garage Spaces3

Land Information

APN5390-06-01000

Lot Number10

SubdivisionGrand Lake Estates

Land UseResidential

Legal DescriptionGRAND LAKE ESTATES 06, BLOCK 1, LOT 10

Census Tract694502

Assessed Land Value$219,700

Assessed Improvement Value$419,800

Assessment Year2025

About this property

Seller has accepted Offer.Welcome Home to 15619 Connie Lane in Montgomery's gated community of Grand Lake Estates!Southern style original owner home sitting on 1.7 acres with 4 bedrooms 2.5 bathrooms, family room, kitchen with SS appliances, breakfast room & dining room with double sided direct heat gas log fireplace, study/office off spacious Primary bedroom & stunning Primary bath recently remodeled.Large laundry room with sink.Large wrap around porch & veranda.Screened in back porch.Amazing backyard with custom outdoor kitchen with SS cabinets, grill, side burner, sink, drink cooler, fireplace, hot tub, matching brick, cedar, tongue & grove ceiling & more! Camillas, azaleas, magnolias,numerous varieties of oak trees grace this lovely property.Extended, attached 2 car garage plus golf cart bay with additional detached garage for workshop, boat storage.Amenities: park, lake pavilion,BBQ pits, book exchange & golf course!Zoned to Montgomery ISD.Roof 3/2024, Generac Generator &Upgrades!

Investor Tools

$639,500

Estimated Property Value

$511,600Estimated Mortgage Balance

$146,285Estimated Equity

20% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,050 /month

Positive

Cash Flow Estimate:

$1,350 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$788/month

$845/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,258

$639,500

2025

$219,700

$419,800

$639,500

Tax History

Year

Tax Paid

Assessed Value

2024

$6,258

$639,500

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Oceanfirst Bank

Conventional

$511,600

First

May 15, 2024

Jun 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$493,215

$146,285

22%

77%

$3,068/mo

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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