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$663,000

NAL Estimated Property Value

24563 W Fm 1097 Rd, Montgomery, TX, 77356

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,670 Sq Ft
price_per_sqft$243.45 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Electric Cooktop, Free-Standing Range, Dishwasher, Oven
FlooringCarpet, Tile

Exterior

Lot Size5.99 acres

Building Information

Year Built1978
Stories1
Roof Type112
Garage Spaces4

Land Information

APN0031-00-03603
SubdivisionRigsby Ben J
Land UseResidential
Legal DescriptionA0031 RIGSBY BEN J, TRACT 36-A,36-B, ACRES 5.995
Census Tract694601
Assessed Land Value$209,825
Assessed Improvement Value$240,175
Assessment Year2025

About this property

Unrestricted!! Approx. 270 ft of Highway Frontage* Great opportunity to have your home or Business* This Country beauty sits on 5.99 Acres! Horse back riding here we come! Plenty of Room for the Kids to roam! * Stables/ Tack Room* Beautiful Piece of Country Heaven! Wonderful Place to entertain and have gatherings! Front Porch across the whole front of the house! * Sprawling one story with recent Primary Bathroom remodel, Huge walk in shower, Neutral colors, Antique Cabinet with Double sinks* Walk in closets* 3 Full bathrooms (1 wheelchair accessible) Open plan with kitchen and breakfast bar that overlooks the cozy family room with a Fireplace* Double French doors bring the natural light in! Oversized dining room* Recent Tile installed throughout kitchen ,dining and family room* Recent Carpet in Bedrooms* 2 AC units* Low tax rate, Great Schools* Just minutes from Lake Conroe!

Investor Tools

Property Icon
$663,000
Estimated Property Value
$326,184Estimated Mortgage Balance
$336,816Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,978 /month
Positive
Cash Flow Estimate:
$1,326 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$824/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,577
$450,000
2025
$209,825
$240,175
$450,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,577
$450,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Unknown
$340,000
No
First
Feb 12, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$326,184
$336,816
50%
49%
$2,039/mo

City: Montgomery

24563 W Fm 1097 Rd | Property Details | No Agent List