Last 24 Hours
$222,100
NAL Estimated Property Value40920 Sandy Hill Rd, Montgomery, TX, 77316
$288,730 ARV
Off Market
— Beds
— Bath
1,120 Sq Ft
Built in 1978Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size8.88 acres
Building Information
Year Built1978
Land Information
APN7050-00-02000
Lot Number20
SubdivisionMagnolia East
Land UseResidential
Legal DescriptionS705000 - MAGNOLIA EAST, LOT 20, SERIAL CITXWWB880143BG, ACRES 8.884
Census Tract694603
Assessed Land Value$222,100
Assessment Year2025
About this property
**RARE** opportunity to own acreage in this small area of Montgomery, zoned to Magnolia ISD! 8.88 acres, heavily wooded, with some clearing and a water well, although seller not aware of function of water well, so no guarantees as to condition. Gated driveway with culvert, and fenced across front. Almost to end of country road. Deed restrictions are available on-line for your agent to download and share, as well as a copy of the plat map as there is no survey available. Horses allowed, and minimum square footage is 1400. Manufactured homes are allowed in this community, per deed restrictions. Aerobic septic system will be needed.
Investor Tools
$222,100
Estimated Property Value
$0Estimated Mortgage Balance
$222,100Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$288,730
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,333 /month
Positive
Cash Flow Estimate:
$444 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$386/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,516
$222,100
2025
$222,100
N/A
$222,100
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,516
$222,100
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$222,100
100%
0%
$0/mo
12.4%