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$199,900

NAL Estimated Property Value

408 Ridgelake Scenic, Montgomery, TX, 77316

Off MarketInfo
Baths0 Bath

About this property

This lot is nestled back on a cul-de-sac in the gated section of Ridgelake Shores. There is a detention area behind the property that has wildlife. There is exclusive area for residents with a playground area, basketball court and volleyball located on the water. This area several shopping centers conveniently located down the road in Woodforest. Low tax rate and NO MUD tax,with underground utilities and no time restraints to build. Great place to build your home!

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0% equity
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,199 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$875/month
5.947%

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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408 Ridgelake Scenic | Property Details | No Agent List