Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days86Days on Market
Views1view

$1,699,000

238 Wedgewood Dr, Montgomery, TX, 77356

On MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,517 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$483.08 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh 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
AppliancesDisposal, Water Softener, Microwave, Dishwasher
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Outdoor Kitchen, Boat Slip
Lot Size10,108 sqft

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces3

Land Information

APN2615-27-02000
Lot Number3
SubdivisionBentwater 27
Land UseResidential
Legal DescriptionBENTWATER 27, BLOCK 2, LOT 3
Census Tract694304
Assessed Land Value$303,240
Assessed Improvement Value$641,275
Assessment Year2025

About this property

Set within the prestigious Bentwater Golf Community on Lake Conroe, this exceptional waterfront estate offers an unparalleled lifestyle of luxury and serenity. Spanning 1.5 waterfront lots, the property showcases breathtaking panoramic lake views from nearly every room and living space. Designed for both relaxation and entertaining, the home features a stunning pool overlooking the water, a fully equipped outdoor kitchen, and a spacious patio and second-floor balcony with captivating sunset views. The private dock includes lifts for both boat and jet ski, making lake living effortless. With a beautiful layout, expansive rooms, and impeccable condition throughout, this residence is a rare opportunity to own one of the most remarkable lakefront homes in Bentwater. Filled with unique artistic sculptures throughout, this home is truly such a gem!

Investor Tools

$59,386Estimated Mortgage Balance
$1,624,169Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,194 /month
Positive
Cash Flow Estimate:
$3,398 /month

Interested in this property?

Janet Chavez

RE/MAX Signature

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,403/month
$1,538/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,431
$935,209
2025
$303,240
$641,275
$944,515
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,431
$935,209

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost National Bank
N/A
$367,250
N/A
First
May 20, 1999
Jun 2004

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$59,386
$875,823
93%
4%
$2,202/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

238 Wedgewood Dr | Property Details | No Agent List