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Days5Days on Market
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$925,000

$975,000

2342 Apache Drive, Montgomery, TX, 77316

On MarketInfo
Just AddedInfo
Price DropInfo
Beds2 Beds
Baths2 Bath
Baths2,032 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$455.22 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size10 acres

Building Information

Year Built1964
Stories1
Roof Type127
Garage Spaces2

Land Information

APN3540-00-01000
Lot Number10
SubdivisionCrestwood Farms
Land UseResidential
Legal DescriptionS354000 - CRESTWOOD FARMS, LOT 10, ACRES 10
Census Tract694402
Assessment Year2025

About this property

Fantastic opportunity to own a beautiful, sprawling 10-acre unrestricted ranch estate in the peaceful Crestwood Farms community of Montgomery! This historic 1-story brick home offers a private, serene lifestyle surrounded by mature trees, cleared open pastures, and endless possibilities. Perfect for horse enthusiasts or anyone wanting room to breathe, the acreage features a blend of open green spaces and wooded perimeters. The property operates on its own private water well and septic system, ensuring utility independence with no mandatory municipal fees. Located within the highly acclaimed Montgomery ISD school district, you can enjoy true country living while staying just minutes away from Lake Conroe, historic downtown Montgomery, and major shopping/dining venues. Property is being sold As-Is, offering a remarkable canvas to bring your horses, design your dream homestead, or enjoy the peaceful ranch lifestyle right away. Schedule your private tour today

Investor Tools

Property Icon
$463,587
Estimated Property Value
$0Estimated Mortgage Balance
$196,401Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,550 /month
Positive
Cash Flow Estimate:
$1,850 /month

Interested in this property?

Erick Harbert

Realty Right

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$281/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,050
$463,587
2025
N/A
N/A
$757,466
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,050
$463,587

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lending 3 Inc
Va
$298,922
Yes
First
Dec 17, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$267,186
$196,401
42%
58%
$1,793/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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2342 Apache Drive | Property Details | No Agent List