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Days362Days on Market
Views1view

$650,000

27938 Deer Run St, Montgomery, TX, 77356

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,858 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$349.84 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Oven
FlooringCarpet, Tile

Exterior

Lot Size11 acres

Building Information

Year Built2002
Stories2
Roof Type105

Land Information

APN9612-00-03100
Lot Number30,31
SubdivisionWood Creek
Land UseResidential
Legal DescriptionS961200 - WOOD CREEK 01, LOT 30, 31, ACRES 11
Census Tract694700
Assessed Land Value$148,500
Assessed Improvement Value$422,986
Assessment Year2025

About this property

Rare 11-acre property in highly sought-after Montgomery ISD, surrounded by mature trees, situated on two spacious lots with the opportunity to build a second home. Live in the existing home while building your dream home, then use it as a guest house, in-law suite, or home for aging parents. This beautifully updated 3-bedroom, 2-bath home features 10-foot ceilings, luxury vinyl plank flooring, fresh carpet, LED lighting, stylish hardware, fresh interior paint and new HVAC/ducting (2026). The open layout flows seamlessly to the covered wrap-around porch and spacious back patio. A private upstairs primary suite includes a walk-in closet and updated shower. Property also offers a 20x50 RV barn with two 50-amp hookups and electricity, tractor shed, fenced area for livestock or gardening, and an ag exemption (4 of 5 years completed). Just 15 minutes from downtown Montgomery with easy SH 249 access. Bring your animals, the country life is calling!

Investor Tools

Property Icon
$613,000
Estimated Property Value
$339,000Estimated Mortgage Balance
$188,483Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

Interested in this property?

Bridget Moore

Brazos Land Company

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$831/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,913
$571,486
2025
$148,500
$422,986
$571,486
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,913
$571,486

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Smart Financial Cu
Conventional
$339,000
No
First
Jul 15, 2022
Aug 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$426,774
$173,226
28%
70%
$2,729/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.

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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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27938 Deer Run St | Property Details | No Agent List