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$448,000

NAL Estimated Property Value

71 Melrose Dr, Montgomery, TX, 77356

$448,843 ARVInfo
Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,094 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$128.96 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Gas Cooktop, Dishwasher

Exterior

Exterior FeaturesBalcony
Lot Size9,600 sqft

Building Information

Year Built1995
Stories2
Roof Type105
Garage Spaces2

Land Information

APN2615-02-02300
Lot Number23
SubdivisionBentwater 02
Land UseResidential
Legal DescriptionBENTWATER 02, BLOCK 1, LOT 23
Census Tract694304
Assessed Land Value$120,000
Assessed Improvement Value$275,000
Assessment Year2025

About this property

Golfers dream great INVESTMENT OPPORTUNITY! Lowest price in the neighborhood! Beautiful property located just minutes away from Lake Conroe. This is home offers a perfect blend of comfort and elegance with its spacious floor plan and beautiful surroundings. The modern kitchen boasts granite countertops, stainless steel appliances, and a breakfast bar, ideal for cooking and casual dining. The master suite is a true retreat, complete with a luxurious en-suite bathroom featuring a soaking tub, separate shower, and a walk-in closet. Enjoy the serene backyard with golf course views. This home is perfect for those who love outdoor activities like boating, fishing, and golfing. You'll also enjoy easy access to local amenities, shopping, and dining options. Don't miss out on this fantastic opportunity to own a beautiful home in the prestigious master planned community of Bentwater! Roof is 4 years old, furnaces, AC units, water heaters and cooktop are 3 years old.

Investor Tools

Property Icon
$448,000
Estimated Property Value
$68,389Estimated Mortgage Balance
$379,611Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$448,842
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,688 /month
Positive
Cash Flow Estimate:
$896 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$510/month
$1,146/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,875
$395,000
2025
$120,000
$275,000
$395,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,875
$395,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Inc
Stand Alone First / Home Equity First Lien
$80,000
No
First
Feb 26, 2019
Mar 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$68,389
$422,611
86%
15%
$480/mo

City: Montgomery

71 Melrose Dr | Property Details | No Agent List