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Owner Contacts

$331,000

NAL Estimated Property Value

518 Long Leaf Pine Dr, Montgomery, TX, 77316

Off Market

3 Beds

2 Bath

1,908 Sq Ft

Condos / Townhouses

$1.21 / sqft

Built in 2022

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher

FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony

Lot Size4,867 sqft

Building Information

Year Built2022

Stories2

Roof Type105

Garage Spaces2

Land Information

APN9652-87-01700

Lot Number1

SubdivisionWoodforest 87

Land UseResidential

Legal DescriptionS965287 - WOODFOREST 87, BLOCK 2, LOT 1

Census Tract694503

Assessed Land Value$42,500

Assessed Improvement Value$271,036

Assessment Year2025

About this property

LOCATION, LOCATION, LOCATION, a MASTERFUL DESIGN and MODERN LUXURY. This Woodforest townhome sits next door to one of several community parks and backs to open space. Life in this master-planned community is easy with impressive amenities--walking trails, tennis courts, pools, parks, restaurants and shopping. Your BRAND NEW home boasts a spacious kitchen with island, 42" cabinets, quartz countertops, stainless steel appliances and gas stovetop (Refrigerator included, if needed). Flooring is white tile throughout with carpet in bedrooms. You will find ample space in the living room, dining room, luxury primary bedroom and 5 piece bathroom with double sinks, soaker tub, shower, and water closet as well as a walk-in closet and quartz countertops. Find second living area or game room downstairs with two additional bedrooms and a bath. The oversized backyard includes privacy fence, covered patio, and second story balcony. Easy commute to The Woodlands and just minutes from Lake Conroe.

Investor Tools

$331,000

Estimated Property Value

$0Estimated Mortgage Balance

$331,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,986 /month

Positive

Cash Flow Estimate:

$662 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$705/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,808

$313,536

2025

$42,500

$271,036

$313,536

Tax History

Year

Tax Paid

Assessed Value

2024

$6,808

$313,536

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$335,000

100%

$0/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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