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$1,240,298

NAL Estimated Property Value

198 Wedgewood Drive, Montgomery, TX, 77356

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,691 Sq Ft
price_per_sqft$170.52 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Ice Maker, Refrigerator, Microwave, Gas Cooktop, Double Oven, Electric Oven
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony
Lot Size9,100 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces4

Land Information

APN2615-28-00800
Lot Number3
SubdivisionBentwater 28
Land UseResidential
Legal DescriptionBENTWATER 28, BLOCK 2, LOT 3
Census Tract694304
Assessed Land Value$455,000
Assessed Improvement Value$799,408
Assessment Year2025

About this property

Custom designed waterfront estate by Ultra Classic Homes. This home boasts of drilled builder piers, new bulkhead(2014) & deck(2017), 2 fireplaces, 12ft ceilings down/10ft ceilings up, ceiling details including recessed & coffered features. Backyard oasis, w/sum. kitchen & waterfall, faces the southeast for summer breezes & shade! Lrg 2car garage w/golfcart bay, wrkshp, & private stairs to study. Features: entertaining wet bar w/wine grotto/wine fridge/ice mkr/beverage fridge; retractable shades & sun scrns, landscape lights, paved driveway, indirect accent lighting, surround sound ready, 2 master bedrooms w/private bath (up & down stairs); elevator shaft ready for the finish-out; study w/french doors; 2 stry foyer w/custom chandelier; generous kitchen w/2 ovens/commercial displ/5 burner gas stove/built-in GE Monogram fridge; sunny living area w/large windows & many transom windows! Boat slip can be added if desired! Social membership incl/CC memb ava. We have a boat slip bid for $11k.

Investor Tools

Property Icon
$1,240,298
Estimated Property Value
$120,995Estimated Mortgage Balance
$1,119,303Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,442 /month
Positive
Cash Flow Estimate:
$2,481 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,037/month
$1,258/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,237
$1,240,298
2025
$455,000
$799,408
$1,254,408
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,237
$1,240,298

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$132,000
No
First
Dec 13, 2021
Jan 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$120,995
$1,119,303
90%
10%
$792/mo

City: Montgomery

198 Wedgewood Drive | Property Details | No Agent List