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$880,000

NAL Estimated Property Value

304 Ridgelake Scenic Drive, Montgomery, TX, 77316

$955,561 ARVInfo
Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,192 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$220.66 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesDock
Lot Size1.42 acres

Building Information

Year Built2013
Stories2
Roof Type105
Garage Spaces3

Land Information

APN8271-03-07900
Lot Number79
SubdivisionRidgelake Shores 03
Land UseResidential
Legal DescriptionRIDGELAKE SHORES 03, BLOCK 1, LOT 79
Census Tract694503
Assessed Land Value$163,300
Assessed Improvement Value$747,597
Assessment Year2025

About this property

Exceptional two-story custom home on 1.42 acres in the Gated section of Ridge Lake Shores. Breck Custom Homes 4,192SqFt, 5 Bedrooms (incl private suite), 3.5 Baths, Office, Gameroom, Sunroom, and 3-Car Garage. This Breck Custom Homes masterpiece makes a striking first impression, blending timeless design with refined finishes. A mahogany glass-front entry door welcomes you to an elegant interior featuring brick-look tile flooring in a classic herringbone pattern, wide-plank plantation shutters & extensive crown molding. The open-concept floor plan is enhanced by soaring ceilings and a spacious living area anchored by a beautiful gas-log fireplace. At the heart of the home, the kitchen is a true showpiece, highlighted by a stunning custom island, impressive cabinetry with beautiful granite countertops, stainless steel appliances, a 5-burner gas range with pot filler, a dual-bowl farmhouse sink, and generous walk-in pantry. A distinctive wine grotto adds an extra touch of sophistication.

Investor Tools

Property Icon
$880,000
Estimated Property Value
$532,863Estimated Mortgage Balance
$347,137Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$955,560
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,550 /month
Positive
Cash Flow Estimate:
$1,850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,282/month
$880/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,983
$880,000
2025
$163,300
$747,597
$910,897
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,983
$880,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$588,000
No
First
Jun 29, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$532,863
$347,137
39%
61%
$3,526/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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304 Ridgelake Scenic Drive | Property Details | No Agent List