$304,999
5805 Violet Berry Drive, Montgomery, TX, 77316
$371,568 ARV
On Market
Property Lead Type:
Must-SellHigh Equity
Highlights
Interior
AppliancesDisposal, Ice Maker, Water Softener, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Instant Hot Water, Dryer, Refrigerator
FlooringCarpet, Laminate
Building Information
Year Built2023
Stories2
Roof Type105
Garage Spaces2
Land Information
APN7110-02-02900
Lot Number29
SubdivisionMagnolia Springs 02
Land UseVacant Land
Legal DescriptionS711002 - MAGNOLIA SPRINGS 02, BLOCK 1, LOT 29
Census Tract694603
Assessed Land Value$58,000
Assessed Improvement Value$267,000
Assessment Year2025
About this property
This charming 4 bedroom, 2.5 bathroom home has an open layout. The kitchen opens to the living and dining areas, and the primary suite includes dual sinks, a walk-in shower, and a walk-in closet. The upstairs includes additional bedrooms, a full bathroom, oversized walk-in attic, and a large game room. This home features lots of upgrades throughout and has a large backyard that backs up to a tree line with no rear neighbors. This home is a must see!
Investor Tools
$173,878Estimated Mortgage Balance
$151,122Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$371,567
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$749/month
$550/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,366
$325,000
2025
$58,000
$267,000
$325,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,366
$325,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Inspire Home Loans Inc
Conventional
$184,000
No
First
May 26, 2023
Jun 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,878
$151,122
46%
54%
$1,104/mo
