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$770,000

NAL Estimated Property Value

5354 Montego Cove Drive, Willis, TX, 77318

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,837 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.83 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Ice Maker, Refrigerator, Microwave, Gas Cooktop, Trash Compactor, Convection Oven, Double Oven, Electric Oven, Free-Standing Range
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony, Boat Slip
Lot Size7,577 sqft

Building Information

Year Built1989
Stories3
Roof Type105
Garage Spaces2

Land Information

APN8625-01-10100
Lot Number21
SubdivisionSeven Coves 01
Land UseResidential
Legal DescriptionSEVEN COVES 01, BLOCK 5, LOT 21
Census Tract694206
Assessed Land Value$136,386
Assessed Improvement Value$605,812
Assessment Year2025

About this property

Magnificent French Cajun design custom home on Gorgeous Lake Conroe! This 3 story home features hardwoods throughout/ Elegant living/ dining/ views of Lake Conroe throughout/ Southern mansion huge covered porch perfect for entertaining/ Romantic master suite w/sitting area/custom milled woodwork/ Beadboard/ Handsome study/ 2 fireplaces/ Spacious secondary bedrooms/ British " Small Bones" kitchen design with tons of beautiful cabinets/ Stainless steel appliances/ 2 drawer dishwasher/6 burner gas cooktop /dual electric range/ island/jenn aire/Panic lights throughout/ water softner/ lighted stairs/ 2 Fireplaces/ Craft room/ 3 Staircases/Boatslip/ Dock/ Whips/ Bulkhead/ Marvel at the beautiful English garden double vegetable gardens/ Brick and Cement patios/ Wow!!

Investor Tools

Property Icon
$770,000
Estimated Property Value
$449,735Estimated Mortgage Balance
$320,265Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,620 /month
Positive
Cash Flow Estimate:
$1,540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,438/month
$425/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,406
$742,198
2025
$136,386
$605,812
$742,198
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,406
$742,198

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Conventional
$510,400
No
First
Apr 7, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$449,735
$320,265
41%
58%
$3,061/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.

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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: Willis

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5354 Montego Cove Drive | Property Details | No Agent List