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$125,000

6387 Oak Knoll Road, Montgomery, TX, 77316

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths720 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.61 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating Floor/WallHeating Floor/Wall
AppliancesGas Range
FlooringLaminate

Exterior

Exterior FeaturesSide Yard
Lot Size7,500 sqft

Building Information

Year Built1968
Stories1
Roof Type105

Land Information

APN6540-04-02500
Lot Number5
SubdivisionLake Bonanza 04
Land UseResidential
Legal DescriptionLAKE BONANZA 04, BLOCK 3, LOT 5
Census Tract694402
Assessed Land Value$15,000
Assessed Improvement Value$68,000
Assessment Year2025

About this property

Nestled among towering pine trees on a beautifully wooded lot, this charming 2 bedroom home has a NEWLY added FULL BATH in the second bedroom allowing for each member of the family to have their on en-suite bath. The home offers the perfect blend of privacy, comfort, & outdoor living just minutes from Lake Conroe & the neighborhood pool.A welcoming front porch & spacious yard create an inviting setting for relaxing mornings & peaceful evenings. Inside, enjoy a cozy & functional layout designed for easy living, while outside you'll find plenty of room for entertaining, gardening, or simply enjoying the natural surroundings. Conveniently located near boating, fishing, waterfront dining, shopping, and recreation, this property is ideal as a full-time residence, weekend getaway, or investment opportunity. Experience the tranquility of country living with all the benefits of being close to one of Texas' most popular lake destinations. GREAT INVESTMENT OR RENTAL PROPERTY. NEW ROOF FALL 2025.

Investor Tools

$6,988Estimated Mortgage Balance
$123,012Estimated Equity
94% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$780 /month
Positive
Cash Flow Estimate:
$260 /month

Interested in this property?

Marla Bailey

Compass RE Texas, LLC - The Woodlands

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$82/month
$285/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$329
$83,000
2025
$15,000
$68,000
$83,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$329
$83,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ruth Annette Roeth Saladino
Seller Carryback / Seller Financing / Seller Take-Back
$38,250
No
First
Nov 5, 1999
Nov 2009

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$6,988
$123,012
94%
5%
$230/mo

City: Montgomery

6387 Oak Knoll Road | Property Details | No Agent List