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$303,000

NAL Estimated Property Value

231 Racetrack Ln, Montgomery, TX, 77356

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,743 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.8 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size7,201 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6617-02-00401
Lot Number4
SubdivisionLake Creek
Land UseResidential Single Family
Legal DescriptionS661702 - LAKE CREEK VILLAGE 02, BLOCK 1, LOT 4 - UDI: 50.000000%
Census Tract694303
Assessed Land Value$19,803
Assessed Improvement Value$149,455
Assessment Year2025

About this property

4 bed, 2 full bath home on 1 level with pool is located just 2 blocks from Historic Downtown Montgomery. HOA dues include lawn care. Features too long to list; Energy efficient LED lighting, wood floors, granite, covered porch, HUGE granite kitchen island, Kitchen open to the living area and much MORE. Open concept layout is great for entertaining while maintaining a private master suite and spacious guest rooms. Wanting a place to cool off this summer, this private backyard with inground pool is the place to hang out. Minutes away from shopping, Fernland Historical Park, CB Stewart Library, and the Memorial Park. The neighborhood HOA provides front and back yard service which is included in your yearly dues. The backyard is fully fenced. There is a sprinkler system for the front and backyard. MISD schools.

Investor Tools

Property Icon
$303,000
Estimated Property Value
$0Estimated Mortgage Balance
$303,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$404/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,337
$169,258
2025
$19,803
$149,455
$169,258
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,337
$169,258

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$303,000
100%
0%
$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.

Explore Texas Explore This Area
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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231 Racetrack Ln | Property Details | No Agent List