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$429,000

NAL Estimated Property Value

406 Terra Vista Cir, Montgomery, TX, 77356

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,859 Sq Ft
price_per_sqft$115.42 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher

Exterior

Lot Size10,513 sqft

Building Information

Year Built2019
Stories2
Roof Type105
Garage Spaces2

Land Information

APN9212-00-04100
Lot Number2
SubdivisionTerra Vista At Waterstone 01
Land UseResidential
Legal DescriptionS921200 - TERRA VISTA AT WATERSTONE 01, BLOCK 4, LOT 2
Census Tract694303
Assessed Land Value$29,568
Assessed Improvement Value$320,432
Assessment Year2025

About this property

Beautiful 4 bed, 2 1/2 bath two story home in sought out Terra Vista community. Look no more! This home boast of details, space, and just minutes away from Lake Conroe. Some of the extras this home has are 42” kitchen cabinets, a 2 1/2 car garage, 6- 8 car driveway, 1/4 of an acre (oversized back yard), French drain, and it is in the sought after MISD. The neighborhood is also kid friendly!

Investor Tools

Property Icon
$429,000
Estimated Property Value
$272,393Estimated Mortgage Balance
$156,607Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,574 /month
Positive
Cash Flow Estimate:
$858 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$607/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,145
$350,000
2025
$29,568
$320,432
$350,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,145
$350,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$300,000
No
First
Jul 16, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$272,393
$200,607
42%
63%
$1,799/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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406 Terra Vista Cir | Property Details | No Agent List