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$950,000

NAL Estimated Property Value

24823 Cedar Ridge Lane, Montgomery, TX, 77356

$951,427 ARVInfo
Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,865 Sq Ft
price_per_sqft$255.86 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListHigh 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
$359,302Estimated Mortgage Balance
$590,698Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$951,427
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

City: Montgomery

24823 Cedar Ridge Lane | Property Details | No Agent List