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$1,060,359

NAL Estimated Property Value

18560 Michaels Run, Montgomery, TX, 77316

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,351 Sq Ft
price_per_sqft$252.82 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Double Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size1 acre

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces4

Land Information

APN5390-10-01600
Lot Number16
SubdivisionGrand Lake Estates
Land UseResidential
Legal DescriptionS539010 - GRAND LAKE ESTATES 10, BLOCK 1, LOT 16, ACRES 1
Census Tract694502
Assessed Land Value$130,000
Assessed Improvement Value$930,359
Assessment Year2025

About this property

Stunning, acreage homesite nestled in the gated community of Grand Lake Estates on one of the most secluded streets with a nature preserve as the backdrop. Tranquil oasis with over $100k in upgrades! This unique 1.5 story home has it all including a highly coveted 4-car garage, a fully fenced backyard, and irrigation and drainage system. Exceptional layout with a split plan on the first level and an epic bonus/game room and bedroom suite on the second level. Kitchen touts double ovens and an extended, custom pantry with pull out drawers for all your organizational needs. Cathedral ceiling with beams in the family room and neutral color palette works for all design aesthetics. The breathtaking views will have you wanting to call this place home. If you're looking for a dream property in Montgomery County, look no further. This is it! LOW tax rate. Home has never flooded. Book your tour today!!!

Investor Tools

Property Icon
$1,060,359
Estimated Property Value
$360,158Estimated Mortgage Balance
$340,043Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,661/month
$985/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,636
$1,060,359
2025
$130,000
$930,359
$1,060,359
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,636
$1,060,359

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Filo Mortgage Llc
Conventional
$371,200
No
First
Sep 18, 2024
Oct 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$360,158
$700,201
66%
34%
$2,226/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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18560 Michaels Run | Property Details | No Agent List