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$478,000

NAL Estimated Property Value

7681 Forest Hills Drive, Montgomery, TX, 77316

$514,878 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,128 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$93.52 / sqft
Year BuiltBuilt in 1999

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Double Oven

Exterior

Lot Size5.53 acres

Building Information

Year Built1999
Stories1
Garage Spaces2

Land Information

APN5141-01-01601
Lot Number16
SubdivisionForest Hills 01
Land UseMobile Home Single
Legal DescriptionS514101 - FOREST HILLS 01, LOT 16, 17, 18, 19, 49, SERIAL CHVM389888014716A, TITLE # CANCELED, LABEL # RAD1119777 - UDI: 50.0
Census Tract694501
Assessed Land Value$71,747
Assessed Improvement Value$54,458
Assessment Year2025

About this property

Tucked away in the trees between Montgomery, Conroe and Magnolia, in the Montgomery school district, Lake Creek High School, we present this spacious 5-bedroom, 3 full bath home on 5.53 acres. There is an additional room off the living room that could be used as an office, sitting area or a large closet for the master bedroom. The current storage building could be converted to a studio apartment. The 40x20 metal building located toward the back of the property has electricity. There is a large dog run just off the back porch. This property has plenty of space to run and play, from the open areas to the trees just waiting for paths to be made. Come take a look today.

Investor Tools

Property Icon
$478,000
Estimated Property Value
$0Estimated Mortgage Balance
$478,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$514,878
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,868 /month
Positive
Cash Flow Estimate:
$956 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$370/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,044
$126,205
2025
$71,747
$54,458
$126,205
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,044
$126,205

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$478,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Montgomery

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7681 Forest Hills Drive | Property Details | No Agent List