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$783,000

NAL Estimated Property Value

18851 Lake Ter, Montgomery, TX, 77356

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,617 Sq Ft
price_per_sqft$125.79 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Double Oven, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size42,645 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces4

Land Information

APN5380-05-06600
Lot Number13
SubdivisionGrand Harbor 05
Land UseResidential
Legal DescriptionS538005 - GRAND HARBOR 05, BLOCK 2, LOT 13
Census Tract694303
Assessed Land Value$68,227
Assessed Improvement Value$635,105
Assessment Year2025

About this property

Cul-de-sac, 0.97 Acres, in the gated community of Grand Harbor. Lot is pie shaped. Narrow in the front and very wide in the back yard. Backs up to a small green belt. Very well designed house for the property. Wood burning fireplace in the Family Room, that could be converted to gas, as gas is available. Primary bath with jetted tub, shower, double vanities, walk in closet. (~11x~11). French doors on the primary bedroom to patio. Kitchen island has work area, sink, dishwasher, and breakfast bar. Double ovens. Wet Bar area. Kitchen, breakfast area, wet bar, and family room are open, with French doors to the back patio. Study with built in desk area and shelving, Most all bulbs are LED. Tile floors, travertine, through out the house, with carpet in the bedrooms. Game room (or Guest Bedroom) above the 3 car garage. Area has full bath, kitchenette, and walk-in closet. Garage doors are 8' style, for a taller vehicle, if needed. Quite neighborhood with Lake access and residents-only park.

Investor Tools

Property Icon
$783,000
Estimated Property Value
$271,917Estimated Mortgage Balance
$511,083Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,698 /month
Positive
Cash Flow Estimate:
$1,566 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,095/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,221
$703,332
2025
$68,227
$635,105
$703,332
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,221
$703,332

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$295,000
No
First
Mar 30, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,917
$517,083
65%
35%
$1,769/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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18851 Lake Ter | Property Details | No Agent List