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$675,000

NAL Estimated Property Value

317 Ridgelake Scenic Dr, Montgomery, TX, 77316

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,378 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$304.88 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Wood

Exterior

Lot Size1.61 acres

Building Information

Year Built2015
Stories1
Roof Type105
Garage Spaces3

Land Information

APN8271-03-11600
Lot Number116
SubdivisionRidgelake Shores 03
Land UseResidential
Legal DescriptionRIDGELAKE SHORES 03, BLOCK 1, LOT 116
Census Tract694503
Assessed Land Value$175,385
Assessed Improvement Value$404,615
Assessment Year2025

About this property

Exceptional one-story custom home on 1.615 acres in the Gated section of Ridgelake Shores. 2,378 SF home offers 3 bdrms, 3 bths, home office, & 3-car garage, set behind a gated drive with a fenced front & backyard. Elegant finishes include crown molding, plantation shutters, luxury vinyl plank flooring, and mahogany-glass front door. The open floorplan features high ceilings and a stunning stone gas-log fireplace. The kitchen showcases custom cabinetry, granite countertops, stainless appliances, 5-burner cooktop, farmhouse sink, walk-in pantry, & large island. Primary suite with plush new carpet, dual vanities, large shower, & walk-in closet. Enjoy outdoor living on the oversized covered patio with 2 fans and recessed lighting, overlooking mature trees and park-like grounds. A 12x24 workshop with AC, 130' x 16' driveway, irrigation well with 13-zone sprinkler system. Ridgelake Shores residents enjoy private lakes, parks, pavilion, & boat ramp. 5 minutes from Pine Market at Woodforest.

Investor Tools

Property Icon
$675,000
Estimated Property Value
$288,453Estimated Mortgage Balance
$386,547Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,350 /month
Positive
Cash Flow Estimate:
$1,450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$768/month
$850/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,846
$580,000
2025
$175,385
$404,615
$580,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,846
$580,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Envoy Mortgage Ltd
Conventional
$322,070
No
First
Dec 22, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$288,453
$393,547
57%
43%
$1,931/mo

Learn About the Market: Opportunity in Texas

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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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317 Ridgelake Scenic Dr | Property Details | No Agent List