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Days28Days on Market
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$1,400

16981 Glenheath, Montgomery, TX, 77316

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,100 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.27 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDisposal, Microwave, Dishwasher
FlooringVinyl

Exterior

Lot Size2,100 sqft

Building Information

Year Built1999
Stories1

Land Information

APN6603-00-07630
Lot Number2
SubdivisionLake Conroe Village
Land UseResidential
Legal DescriptionS660300 - LAKE CONROE VILLAGE, BLOCK 13, LOT 2, SERIAL # 12401261A, LABEL # PFS0591782
Census Tract694403
Assessed Land Value$39,900
Assessed Improvement Value$103,293
Assessment Year2025

About this property

Property is in Like-New condition. We welcome you to a beautifully designed 3-bedroom, 2-bathroom home nestled in the desirable Lake Conroe Village community of Montgomery, Texas. Built in 2023. Step inside to an open-concept living area filled with natural light, perfect for everyday living and casual entertaining. The kitchen showcases contemporary finishes including granite counter tops and stainless steel appliances with ample storage in the cabinets and pantry, while the adjoining living space provides a comfortable setting for gathering with its wood look tile floors. Located in MISD schools, and close proximity to Lake Conroe.

Investor Tools

Property Icon
$163,000
Estimated Property Value
$28,000Estimated Mortgage Balance
$150,522Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$978 /month
Positive
Cash Flow Estimate:
$326 /month

Interested in this property?

Sonali Mansukhani

Keller Williams Signature

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$258/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,286
$143,193
2025
$39,900
$103,293
$143,193
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,286
$143,193

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
All Texas Mortgage
Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)
$28,000
No
First
Oct 14, 2005
Nov 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$12,570
$151,430
92%
8%
$0/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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16981 Glenheath | Property Details | No Agent List