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$414,000

NAL Estimated Property Value

3902 Knollcrest Drive, Montgomery, TX, 77356

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,228 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$168.31 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Washer/Dryer
FlooringBrick, Carpet, Tile

Exterior

Exterior FeaturesBalcony, Storage
Lot Size2,646 sqft

Building Information

Year Built1978
Stories2
Roof Type127

Land Information

APN9455-07-04000
Lot Number8
SubdivisionWalden 07
Land UseResidential
Legal DescriptionWALDEN 07, BLOCK 6, LOT 8
Census Tract694305
Assessed Land Value$52,920
Assessed Improvement Value$365,747
Assessment Year2025

About this property

Wake up to peaceful waterfront views and experience the relaxed Lake Conroe lifestyle in this beautifully furnished townhome in the Walden community. Whether you’re searching for a lock-and-leave weekend retreat, full-time lake living, or an income-producing investment, this turnkey property offers the perfect blend of lifestyle and opportunity. Currently operating as a short-term rental with strong booking history, it is fully furnished and ready for immediate enjoyment or continued revenue generation. The open-concept living, kitchen, and dining spaces are designed for gathering and entertaining, all centered around stunning water views. Upstairs, two spacious ensuite bedrooms provide private retreats for guests or family. Enjoy quiet mornings on the patio just steps from the lake, with the added peace of mind of a newly replaced bulkhead. Residents enjoy access to Walden’s resort-style amenities including pools, tennis, golf, fitness center, marina, dining, and scenic walking paths.

Investor Tools

Property Icon
$414,000
Estimated Property Value
$0Estimated Mortgage Balance
$414,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,484 /month
Positive
Cash Flow Estimate:
$828 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$722/month
$2,250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,600
$414,000
2025
$52,920
$365,747
$418,667
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,600
$414,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$414,000
100%
0%
$0/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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3902 Knollcrest Drive | Property Details | No Agent List