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$219,400

3853 N Fm 1486, Montgomery, TX, 77356

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About this property

This is 5 acres, undeveloped. There can be a total of 6 if needed depending on need. Currently using access to water well and electric on temporary basis if needed. MidSouth electric quote available to add 3 poles for dedicated electric. Surveyed and partially fenced. Access is by deeded 30 feet wide driveway easement being improved over time that is maintained to 3 total properties. Trees for privacy backs up to large ranches. Can add up to 1-2 acres if interested to create a larger rectangle Close to Lake Conroe, Navasota, Grimes, Anderson, Montgomery ISD, Space X development in Grimes. For building questions please check with the county; the land is unrestricted but no manufactured homes, please. See survey attached. Current owner built on adjoining 10 acres, farm, horses, animals. This acreage is part of a current tax ID of 16 acres; 5.1 has been surveyed out with an additional dedicated 30 feet driveway from FM 1486 to property. No flooding, no water, no creek.

Investor Tools

$0Estimated Mortgage Balance
$219,400Estimated Equity
100% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,316 /month
Positive
Cash Flow Estimate:
$439 /month

Interested in this property?

Kay Harvill

Pryor Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Montgomery

3853 N Fm 1486 | Property Details | No Agent List