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$215,000

48 Hall Drive N, Montgomery, TX, 77316

On MarketInfo
Just AddedInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2 acres

Land Information

APN3463-00-07000
Lot Number24
SubdivisionConvenient Country Estates
Land UseResidential Single Family
Legal DescriptionS346300 - CONVENIENT COUNTRY ESTATES PHASE 01, BLOCK 2, LOT 24
Census Tract694603
Assessed Land Value$80,000
Assessed Improvement Value$1,473
Assessment Year2025

About this property

Rare 2-acre property with endless possibilities and an unbeatable location! With no HOA and no known deed restrictions, this versatile property offers the freedom to bring your vision to life—build your dream home, bring a mobile home or RV, create multiple homesites, or explore commercial or investment opportunities. Two septic systems, a private water well, and an existing electric pole are already in place, providing valuable infrastructure for your plans. Two potential home/building sites offer flexibility for residential or investment use. Conveniently located just 1 mile from the 249 Toll Road, with easy access to Magnolia, Tomball, and surrounding communities. Zoned to highly regarded Magnolia ISD. Enjoy low property taxes while being approximately 45 minutes from Houston. Survey available. Whether you're looking for acreage, an investment opportunity, a homesite, or a property with development potential, this is an opportunity worth seeing!

Investor Tools

$73,427Estimated Mortgage Balance
$50,573Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

Interested in this property?

Victoria Lewis

Better Homes and Gardens Real Estate Gary Greene - Champions

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$157/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,266
$81,473
2025
$80,000
$1,473
$81,473
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,266
$81,473

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Larry G Light
Unknown
$100,000
No
First
Aug 20, 2014
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$73,427
$50,573
40%
59%
$600/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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