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$1,650,000

NAL Estimated Property Value

163 Waterfront Drive, Montgomery, TX, 77356

Off MarketInfo
Beds6 Beds
Baths7 Bath
Baths5,963 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.4 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 6Bathrooms Full 6
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Ice Maker, Refrigerator, Microwave, Electric Cooktop, Trash Compactor, Double Oven, Electric Oven
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Boat Slip
Lot Size26,091 sqft

Building Information

Year Built1997
Stories2
Roof Type104
Garage Spaces2

Land Information

APN9258-00-04200
Lot Number42
SubdivisionThe Estates
Land UseResidential
Legal DescriptionS925800 - THE ESTATES OF WALDEN, BLOCK 1, LOT 42
Census Tract694305
Assessed Land Value$579,220
Assessed Improvement Value$1,454,424
Assessment Year2025

About this property

An Extremely Rare opportunity to find a waterfront home in a gated, Estate community with this spectacular location and view! This Developer's Choice, Vacation Get Away, Full time Residence or Week End Retreat will not be available long, so do not hesitate! This "lightly lived in" vacation home was painstakingly custom designed to take in the views and exude pure casual elegance at it's finest! The Owner's Suite, down, has a wall of glass that opens to a private patio. 5 other Bedrooms have private baths, all w/ lake views except 1! The central elevator takes one to the huge Great Room that too overlooks the lake! While stated as a 2 car garage, the original plans were designed as 4 car tandem which could easily be restored. Since this beautiful home was a vacation retreat, all can be sold as a package with additional consideration! Walden Golf Membership can be included if desired. Hurry to this Estate Waterfront Home on Open Water on Lake Conroe! Is definitely a custom One of a Kind!

Investor Tools

Property Icon
$1,650,000
Estimated Property Value
$596,428Estimated Mortgage Balance
$1,053,572Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,900 /month
Positive
Cash Flow Estimate:
$3,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,753/month
$1,519/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$24,789
$1,650,000
2025
$579,220
$1,454,424
$2,033,644
No

Tax History

Year
Tax Paid
Assessed Value
2024
$24,789
$1,650,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
International Bank Of Commerce
Conventional
$150,000
No
First
Jun 11, 2020
Jul 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$596,428
$1,053,572
63%
36%
$3,992/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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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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163 Waterfront Drive | Property Details | No Agent List