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$3,953,070

NAL Estimated Property Value

240 Marseille, Montgomery, TX, 77356

Off MarketInfo
Beds6 Beds
Baths5 Bath
Baths10,088 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$495.14 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Ice Maker, Refrigerator, Microwave, Gas Cooktop, Convection Oven, Double Oven, Gas Oven
FlooringCarpet, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Boat Slip
Lot Size35,878 sqft

Building Information

Year Built2010
Stories2
Roof Type105
Garage Spaces6

Land Information

APN2615-97-00100
Lot Number1-2
SubdivisionBentwater 97
Land UseResidential
Legal DescriptionS261597 - BENTWATER 97, BLOCK 1, LOT 1, 2
Census Tract694304
Assessed Land Value$1,009,658
Assessed Improvement Value$3,427,342
Assessment Year2025

About this property

Situated on a .8+ acre lakefront lot, this Spanish Colonial style home was a collaborative effort between the owner and Robert Dames Design. The open floor plan allows for natural light and uninterrupted views of the lake. Large archways allow natural flow to the living room, dining room, and kitchen areas. Dramatic living room with vaulted ceiling, travertine floors, wooden beams, and fireplace with limestone surround. Kitchen with large granite island, custom cabinets, commercial grade stove with limestone hood, and breakfast area. First floor master with exquisite lake views. Master bath with chiseled granite tub, large shower, granite sinks, and custom cabinets. Spiral staircase at entry has a mid-level entry to a handsome wood paneled study. Wine room with groin vaulted ceiling. Outdoor loggia with summer kitchen, fireplace, and seating area. There are 6 bedrooms which include a private casita. Luxury guard gated community with club membership available. Vacation at home!

Investor Tools

Property Icon
$3,953,070
Estimated Property Value
$0Estimated Mortgage Balance
$3,953,070Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$29,970 /month
Positive
Cash Flow Estimate:
$9,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$6,662/month
$1,258/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$60,175
$3,953,070
2025
$1,009,658
$3,427,342
$4,437,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$60,175
$3,953,070

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$3,953,070
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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.

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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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240 Marseille | Property Details | No Agent List