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$489,990

157 Peninsula Point Drive, Montgomery, TX, 77356

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,964 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$249.49 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDisposal, Gas Oven, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl Plank

Exterior

Exterior FeaturesSprinkler System
Lot Size15,090 sqft

Building Information

Garage Spaces2

Land Information

APN9486-02-08300
Lot Number78
SubdivisionWaterstone On Lake Conroe 02
Land UseResidential
Legal DescriptionS948602 - WATERSTONE ON LAKE CONROE 02, BLOCK 4, LOT 78
Census Tract694303
Assessed Land Value$128,265
Assessment Year2025

About this property

Welcome to 157 Peninsula Point Drive in Montgomery’s desirable Waterstone community. Built by StoneManor Homes with elevated design, livability, and lasting quality in mind, this brand-new, never-lived-in home offers 3 bedrooms, 2 bathrooms, and a thoughtfully designed open-concept layout. The spacious family room flows seamlessly into the kitchen and dining area, creating a comfortable setting for everyday living and entertaining. The kitchen features a breakfast bar, island cooktop, walk-in pantry, and ample storage. The private primary suite includes an en-suite bath with a separate shower and walk-in closet, while the additional bedrooms offer flexibility for family, guests, or a home office. Enjoy the benefits of new construction and the opportunity to be the first owner of this beautiful home in a growing Montgomery community.

Investor Tools

$369,501Estimated Mortgage Balance
$246,499Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,696 /month
Positive
Cash Flow Estimate:
$1,232 /month

Interested in this property?

Charlie Kriegel

Winhill Advisors - Kirby

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$473/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,591
$128,265
2025
$128,265
N/A
$128,265
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,591
$128,265

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Building Or Construction Loan
$372,750
No
First
Jan 27, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$369,501
$246,499
40%
60%
$2,235/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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157 Peninsula Point Drive | Property Details | No Agent List