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$622,000

NAL Estimated Property Value

7506 Lorna Rd, Montgomery, TX, 77316

$627,231 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,054 Sq Ft
price_per_sqft$225.93 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size1.50 acres

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces4

Land Information

APN7281-04-02500
Lot Number25
SubdivisionMontgomery Trace 04
Land UseResidential
Legal DescriptionMONTGOMERY TRACE 04, BLOCK 1, LOT 25
Census Tract694502
Assessed Land Value$187,875
Assessed Improvement Value$391,914
Assessment Year2025

About this property

Welcome to this Gorgeous custom home on 1.5 Acres in Montgomery Trace!  This is a perfect home for enjoying the outdoors and entertaining friends and family.  Beautiful open floor plan with oversized family room, hardwood floors and plantation shutters throughout.  The Chef's kitchen has a plethora of cabinet space, and countertops, gas cooktop and double ovens.   Huge upstairs Game Room that can be used as a 4th bedroom.  Large Primary Suite with private entrance to the outside patio and remodelled primary bathroom.  Plenty of storage everywhere!   The Outdoor Oasis is perfect for entertaining! Covered patio with beautiful Pool/Spa.  Pool area is fenced with decorative wrought iron fencing.  Beautiful landscaping surrounds the home.  Property backs up to a private ranch with plenty of room to run and play! 3-Car Attached Garage.  Located within minutes to 2978 & 1488.  Easy access to shopping, dining and I-45.

Investor Tools

Property Icon
$622,000
Estimated Property Value
$518,473Estimated Mortgage Balance
$103,527Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$627,230
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,140 /month
Positive
Cash Flow Estimate:
$1,380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$938/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,144
$579,789
2025
$187,875
$391,914
$579,789
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,144
$579,789

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$549,600
No
First
Apr 21, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$518,473
$61,316
10%
83%
$3,296/mo

City: Montgomery

7506 Lorna Rd | Property Details | No Agent List