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Days29Days on Market
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$285,000

231 S Spotted Fern Drive, Montgomery, TX, 77316

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,782 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$159.93 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size3,926 sqft

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces2

Land Information

APN9652-92-03100
Lot Number31
SubdivisionWoodforest 92
Land UseResidential
Legal DescriptionS965292 - WOODFOREST 92, BLOCK 1, LOT 31
Census Tract694503
Assessed Land Value$42,500
Assessed Improvement Value$301,458
Assessment Year2025

About this property

Two-story home, 3 bedrooms, 2 and 1/2 baths and 2-car attached garage. Upgrades to Home: Extended Rear Patio, Stainless Steel Appliance Package, Wood Look Tile in Entry, Family Room, Dining Area and Kitchen, Carpet, Quartz Counter Tops in Kitchen and Granite in Main Bath, Pendant and Under Cabinet Lighting in Kitchen, Double Bowl Vanity in Main Bath. Full Gutters and home backs up to gorgeous greenbelt, no rear neighbors.

Investor Tools

$224,167Estimated Mortgage Balance
$119,791Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,064 /month
Positive
Cash Flow Estimate:
$688 /month

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Chelsie Vallejo

Better Homes and Gardens Real Estate Gary Greene - Lake Conroe South

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$685/month
$1,392/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,496
$343,958
2025
$42,500
$301,458
$343,958
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,496
$343,958

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Finance Of America Mortgage Llc
Fha
$247,842
Yes
First
Jul 13, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$224,167
$119,791
34%
65%
$1,486/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 S Spotted Fern Drive | Property Details | No Agent List