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Owner Contacts

$260,000

NAL Estimated Property Value

346 Fantasy Ln, Montgomery, TX, 77356

Sold

7/10/26

4 Beds

3 Bath

1,968 Sq Ft

$119.36 / sqft

Built in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesFree-Standing Range, Dishwasher, Dryer, Oven, Refrigerator, Washer

Exterior

Exterior FeaturesDock

Lot Size6,878 sqft

Building Information

Year Built1993

Stories1

Roof Type105

Garage Spaces2

Land Information

APN3300-02-14100

Lot Number25

SubdivisionCape Conroe 02

Land UseResidential

Legal DescriptionCAPE CONROE 02, BLOCK 4, LOT 25

Census Tract694308

Assessed Land Value$55,024

Assessed Improvement Value$186,973

Assessment Year2025

About this property

Located within WONDERFUL Cape Conroe community of Lake Conroe, boasting tons of unique qualities that set it apart. HUGE covered back porch that wraps around into a great flexible covered area. Guest room with full Bath! Roof '21. HVAC '19. Refrigerator/W/D included. A Portion of the garage converted into additional flex room, but left room to use garage door and store golf cart(s). This golf cart lake-vibe community has great neighborly culture. Park your boat/RV in your driveway! Gated boat ramp w/ lighted pier. Fish your neighborhood Stanley Lake (excellent fishing!) or else sit on the doc benches at the ramp and fish Lake Conroe. This community is complete with all of the best: park, covered picnic area, sports court(s), clubhouse, playground, paths, gated boat ramp w/ parking, stocked fishing lake. Within minutes of the most desirable Lake Conroe destinations including Waterpoint full of lakefront restaurants and more! Low tax rates and HOA fees.

Investor Tools

$260,000

Estimated Property Value

$136,016Estimated Mortgage Balance

$123,984Estimated Equity

47% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,560 /month

Positive

Cash Flow Estimate:

$520 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$420/month

$240/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,734

$241,997

2025

$55,024

$186,973

$241,997

Tax History

Year

Tax Paid

Assessed Value

2024

$3,734

$241,997

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Quicken Loans Inc

Conventional

$156,000

First

Jan 6, 2020

Feb 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$136,016

$123,984

47%

52%

$936/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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