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$202,000

NAL Estimated Property Value

309 Sherwood Forest St, Montgomery, TX, 77316

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,217 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180.36 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Gas Range

Exterior

Lot Size9,324 sqft

Building Information

Year Built1994
Stories2
Roof Type105

Land Information

APN6585-03-61500
Lot Number15,16-A
SubdivisionLake Conroe Forest
Land UseResidential
Legal DescriptionS658503 - LAKE CONROE FOREST, BLOCK 62, LOT 15, 16-A
Census Tract694402
Assessed Land Value$19,721
Assessed Improvement Value$153,239
Assessment Year2025

About this property

Come see this lovely 4 bed, 2 bath home nestled in Lake Conroe Forest just off of HWY 105 before it's gone! Primary bedroom & 1 secondary bedroom are located downstairs along with a full bathroom complete with brand new vanity. 2 bedrooms upstairs along with another full bathroom. Stainless steel gas range & matching microwave in the kitchen that opens up to the living area. Large utility room is located downstairs, but inside the house. No back neighbors! Just a 3 minute walk to the neighborhood lake and only 0.2 miles from Lake Conroe. Zoned to highly sought after MISD schools! Don't forget to enjoy the peaceful sitting area complete with fire pit in the backyard when you come see this home. It's the perfect place to enjoy your morning coffee or perhaps to make s'mores with friends and family. NEW flooring in bedrooms installed this summer, NEW roof and gutters in 2021, NEW water heater in 2020, NEW HVAC in 2017!

Investor Tools

Property Icon
$202,000
Estimated Property Value
$180,778Estimated Mortgage Balance
$21,222Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,317 /month
Positive
Cash Flow Estimate:
$439 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$368/month
$125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,412
$172,960
2025
$19,721
$153,239
$172,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,412
$172,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$194,000
No
First
Sep 30, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,778
$23,222
11%
89%
$1,164/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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309 Sherwood Forest St | Property Details | No Agent List