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$1,283,000

NAL Estimated Property Value

187 Waterfront Dr, Montgomery, TX, 77356

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,208 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$320.82 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen, Boat Slip
Lot Size24,311 sqft

Building Information

Year Built1996
Stories2
Roof Type105
Garage Spaces4

Land Information

APN9258-00-04800
Lot Number48
SubdivisionThe Estates
Land UseResidential
Legal DescriptionTHE ESTATES OF WALDEN, BLOCK 1, LOT 48
Census Tract694305
Assessed Land Value$382,290
Assessed Improvement Value$881,246
Assessment Year2025

About this property

Appreciate this picturesque lakefront original owner property situated on the serene shore of Lake Conroe, in the gated Estates of Walden. This beautiful home boasts stunning views of the glistening lake, framed by a wooded setting on over half an acre. The property itself features 4 bedrooms, 3.5 baths, study, family room with expansive windows allowing for natural light, spacious kitchen with oversized island, a private screened porch for enjoying evening sunsets and a large primary suite downstairs. Upstairs, you will find an abundant game room with private balcony allowing for uninterrupted views of tranquil Lake Conroe, three overly spacious bedrooms. Outside, the infinity pool and adjoining spa, overlooking Lake Conroe, are nestled in the heart of this wooded lot. Enjoy the convenience of the outdoor kitchen, fire pit and tv areas connected with beautiful expanses of travertine decking. When the lake calls, easily access your adjoining covered boat lift and jet ski lift.

Investor Tools

Property Icon
$1,283,000
Estimated Property Value
$739,002Estimated Mortgage Balance
$543,998Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,100 /month
Positive
Cash Flow Estimate:
$2,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,112/month
$1,907/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,935
$1,263,536
2025
$382,290
$881,246
$1,263,536
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,935
$1,263,536

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$766,550
No
First
May 24, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$739,002
$556,998
42%
58%
$4,596/mo

City: Montgomery

187 Waterfront Dr | Property Details | No Agent List