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$400,000

331 Great Hills Dr, Montgomery, TX, 77316

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,864 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$214.59 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Water Softener, Gas Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringVinyl

Exterior

Lot Size6,037 sqft

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces2

Land Information

APN9652-89-02200
Lot Number22
SubdivisionWoodforest 89
Land UseResidential
Legal DescriptionS965289 - WOODFOREST 89, BLOCK 1, LOT 22
Census Tract694503
Assessed Land Value$58,000
Assessed Improvement Value$322,138
Assessment Year2025

About this property

A 2021 Highland Homes one-story in Woodforest. Soaring vaulted ceilings, an arched interior entry, and oversized windows open the great room to a kitchen with rich espresso shaker cabinetry, white quartz counters, subway tile backsplash, stainless appliances, and an oversized island. Luxury vinyl plank runs through the main living areas. The primary suite is set privately at the rear with a vaulted ceiling, frameless walk-in tile shower, dual vanity, and built-in linen niche. Two secondary bedrooms share a full bath on the opposite side; a dedicated laundry room and walk-in pantry round out the plan. Tankless water heater, whole-home water softener conveys, oversized garage, covered patio, fully fenced yard. Inside Woodforest — the 27-hole Club at Woodforest, Forest Island lazy river and resort pools, 18+ miles of trails, sports complex, tennis and pickleball, dog parks, and Pine Market dining and retail.

Investor Tools

$295,115Estimated Mortgage Balance
$85,023Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

Interested in this property?

Maelia Davis

The Agency Austin, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$802/month
$1,392/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,724
$380,138
2025
$58,000
$322,138
$380,138
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,724
$380,138

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highland Homeloans Llc
Va
$326,919
Yes
First
May 20, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$295,115
$85,023
22%
78%
$1,961/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.

Explore Texas Explore This Area
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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331 Great Hills Dr | Property Details | No Agent List