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B+
NoAgentList RatingHow are grades calculated? Info

$950,000

24823 Cedar Ridge Lane, Montgomery, TX, 77356

$1,014,552 ARVInfo
Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,865 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$255.86 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Vinyl

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size3.70 acres

Building Information

Year Built2022
Stories2
Roof Type105
Garage Spaces4

Land Information

APN0291-00-00531
SubdivisionJohnson Wm
Land UseResidential Single Family
Legal DescriptionA0291 - JOHNSON WM, TRACT 5D-1, ACRES 3.7
Census Tract694700
Assessed Land Value$148,000
Assessed Improvement Value$770,690
Assessment Year2025

About this property

Brand new, custom-built home situated on 4± acres of tree-lined, tranquil bliss at a dead-end road. With only eight neighbors nearby and located near the Sam Houston National Forest, this home is a serene and private retreat. With over 3800+ SF of space, this home will have a spot for everyone to find their own special place. On the first floor, you'll find a spacious living area with a massive kitchen island, a beautiful fireplace, and fiber internet. There's also an office big enough for two people to work in, a primary retreat and spa-like bathroom, and generous bdrms all around. Step out to the screened-in porch to relax, or venture upstairs to the large game room and full bathroom. Then, enjoy the view out on the large, covered patio and outdoor kitchen overlooking the expansive 4± acres. You'll also find a sprinkler system, an oversized 3-car garage, a concrete driveway. This area is near downtown Montgomery and provides quick access to FM 149, HWY 105, and beautiful backroads.

Investor Tools

Property Icon
$950,000
Estimated Property Value
$0Estimated Mortgage Balance
$590,698Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,014,552
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,933 /month
Positive
Cash Flow Estimate:
$1,978 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,267/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,448
$870,818
2025
$148,000
$770,690
$918,690
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,448
$870,818

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$368,000
No
First
Jan 22, 2025
Feb 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$359,302
$590,698
62%
38%
$2,207/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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24823 Cedar Ridge Lane | Property Details | No Agent List