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$950,000

345 Ridgelake Scenic Dr, Montgomery, TX, 77316

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,138 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$302.74 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Vinyl

Exterior

Exterior FeaturesDock
Lot Size4.72 acres

Building Information

Year Built2004
Stories2
Roof Type105
Garage Spaces2

Land Information

APN8271-03-11400
Lot Number114
SubdivisionRidgelake Shores 03
Land UseResidential
Legal DescriptionS827103 - RIDGELAKE SHORES 03, BLOCK 1, LOT 114
Census Tract694503
Assessed Land Value$253,043
Assessed Improvement Value$480,618
Assessment Year2025

About this property

Set on 4.7 wooded acres in a gated section of Ridgelake Shores, this custom estate blends refined design with everyday comfort. Remarkably renovated with elevated finishes and timeless style. The home boasts expansive living spaces, abundant natural light, and serene views. A chef’s kitchen is anchored by an oversized quartz island and equipped with Thermador double ovens, a 6-burner gas range and griddle, custom soft-close cabinetry, generous storage, and a large walk-in pantry. The family room features a wall of windows overlooking the acreage beyond. A dedicated study creates an ideal executive workspace. The first-floor master offers a spa-inspired bath and an elegant walk-in closet, while 2 additional first-floor bedrooms provide flexibility for guests or multigenerational living. Upstairs includes a gameroom and private 4th bedroom. WHOLE HOME GENERATOR, epoxy-coated garage floor, irrigation well, vacuum system, & NEW ROOF. Minutes to Woodforest & easy commute to The Woodlands.

Investor Tools

$344,344Estimated Mortgage Balance
$596,333Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

Interested in this property?

David Hageman

Century 21 Realty Partners

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,190/month
$850/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,584
$733,661
2025
$253,043
$480,618
$733,661
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,584
$733,661

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$382,200
No
First
Mar 19, 2021
Apr 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$344,344
$471,656
57%
37%
$2,292/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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345 Ridgelake Scenic Dr | Property Details | No Agent List