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$651,000

NAL Estimated Property Value

240 Lookout Ridge Dr, Montgomery, TX, 77316

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,890 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$235.29 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Cooktop, Electric Oven, Oven, Instant Hot Water

Exterior

Lot Size12,510 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APN9653-04-01700
Lot Number17
SubdivisionWoodforest 104
Land UseResidential
Legal DescriptionS965304 - WOODFOREST 104, BLOCK 1, LOT 17
Census Tract694503
Assessed Land Value$75,000
Assessed Improvement Value$614,347
Assessment Year2025

About this property

Welcome to this stunning 1-story home located in a serene cul-de-sac with no rear neighbors. Inside, you'll find beautiful hardwood floors, an open layout with a modern kitchen featuring a wine bar, spacious bedrooms, and high ceilings. The property includes a versatile 4th bedroom that can easily be converted to media room. This home also includes a beautiful area that is ideal for outdoor living space. The primary suite is a highlight, all situated on a generous 12,500 square foot lot in the sought-after Woodforest neighborhood. Perfect for those seeking a peaceful and stylish living environment.

Investor Tools

Property Icon
$651,000
Estimated Property Value
$388,777Estimated Mortgage Balance
$262,223Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,080 /month
Positive
Cash Flow Estimate:
$1,360 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,321/month
$1,392/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,599
$641,941
2025
$75,000
$614,347
$689,347
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,599
$641,941

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highland Homeloans Llc
Conventional
$415,000
No
First
Dec 15, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$388,777
$253,164
39%
60%
$2,489/mo

City: Montgomery

240 Lookout Ridge Dr | Property Details | No Agent List