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$1,250,000

7420 Jackson Rd, Montgomery, TX, 77316

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,524 Sq Ft
price_per_sqft$495.25 / sqft
Year BuiltBuilt in 1922

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
FlooringTile, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size1 acre

Building Information

Year Built1922
Stories2
Roof Type112

Land Information

APN0192-00-00611
SubdivisionEyler Jacob
Land UseResidential
Legal DescriptionA0192 - EYLER JACOB, TRACT 6, A0242 TR 4-A, ACRES 1
Census Tract694603
Assessed Land Value$17,000
Assessed Improvement Value$135,048
Assessment Year2025

About this property

Unrestricted 16.1989 acres with private pond in highly desirable location, offering exceptional privacy with minimal frontage on Jackson Rd. Ideally situated 1.2 miles from intersection of FM 149 & Jackson Rd, bordering luxury home sites in High Meadow Estates. Minutes from SH 249 Tollway, as well as Magnolia, Montgomery, Tomball, & The Woodlands. Acreage is priced at land value w/ modest favorable adjustment for the existing improvements which include (1) Main residence combines a 100+ year old historic Houston Heights home & a 2008 addition. Both have updated kitchen, bathroom, & other upgrades. (2) Fully furnished guest home with separate electric meter (income producing rental/airbnb), (3) Large 30x20 reinforced concrete culvert creek crossing (engineered and county approved) (4) Private water well w/ well house/storage bldg, (5) 60x25 storage attached to covered concrete pad, (6) RV stall w/ 30 amp, (7) 30x50 basketball/pickleball court (8) Additional improvements w/ pictures.

Investor Tools

$339,656Estimated Mortgage Balance
$613,344Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,500 /month
Positive
Cash Flow Estimate:
$2,500 /month

Interested in this property?

LaRae Whorley

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$480/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,000
$144,815
2025
$17,000
$135,048
$152,048
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,000
$144,815

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$380,000
No
First
Dec 4, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$339,656
$613,344
64%
36%
$2,279/mo

City: Montgomery

7420 Jackson Rd | Property Details | No Agent List