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$207,000

NAL Estimated Property Value

402 Commanche Rd, Montgomery, TX, 77316

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,032 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.19 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
AppliancesRefrigerator, Electric Cooktop, Electric Range, Electric Oven
FlooringLaminate

Exterior

Lot Size19,160 sqft

Building Information

Year Built1970
Stories1
Roof Type112
Garage Spaces1

Land Information

APN6580-02-63500
Lot Number13-15
SubdivisionLake Conroe Forest 02
Land UseResidential
Legal DescriptionS658002 - LAKE CONROE FOREST 02, BLOCK 37, LOT 13, 14, 15
Census Tract694402
Assessed Land Value$57,480
Assessed Improvement Value$107,045
Assessment Year2025

About this property

LAKEVIEW cottage is a very unique property. This home has many features that make it worth a second look. If you are looking for something bigger, don't discard this till you see it. See the hand drawn layout for more details. Three lots with a several buildings and the house too. Completely fenced and sectional fencing too. Recent lifetime thick metal fire resistant roof on home and one building. All new doors and upgraded vinyl low e windows. SEE THE EXTRAS SHEET FOR DETAILS. Exterior buildings include a 40x14 foot barn insulated with a 230 outlet for A/C and a front entrance room. This is on a lot that you can park several vehicles, boat, RV etc with a double gate in front. Another 20x12 building (insulated walls/ceilings, with a roll up door, electrical/AC this outlets for 230 and 220) This would make a great apartment. Laundry building also has a workshop (10x12) and an old well house for storage. Boat launch on next street. NOT IN A FLOOD ZONE AND HAS NEVER FLOODED.

Investor Tools

Property Icon
$207,000
Estimated Property Value
$129,045Estimated Mortgage Balance
$77,955Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,242 /month
Positive
Cash Flow Estimate:
$414 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$224/month
$125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,657
$164,525
2025
$57,480
$107,045
$164,525
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,657
$164,525

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Conventional
$140,000
No
First
Mar 17, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$129,045
$46,955
26%
62%
$840/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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402 Commanche Rd | Property Details | No Agent List