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$219,000

801 River Rd Apt 105, Montgomery, TX, 77356

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths707 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$309.76 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Wine Refrigerator, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringTile

Exterior

Exterior FeaturesBoat Lift, Boat Slip

Building Information

Year Built1985
Stories1
Roof Type105

Land Information

APN6711-00-00500
SubdivisionLake Pointe Condos Phase I
Land UseResidential
Legal DescriptionLAKE POINTE CONDOS PHASE I BLDG C UNIT 105
Census Tract694305
Assessed Land Value$35,000
Assessed Improvement Value$195,188
Assessment Year2025

About this property

Experience lakefront living at its finest in this beautifully updated ground-floor 1-bedroom, 1-bath luxury condo. Enjoy breathtaking, year-round views of Lake Conroe from your doorstep, just steps from the community pool. Inside, you'll find wood-look tile flooring throughout, a stylish kitchen with granite countertops, stainless steel appliances, and a large breakfast bar that opens to the spacious family room. Entertain with ease thanks to the built-in wine fridge, while the primary suite features a custom closet system for exceptional storage. The refrigerator, stackable washer, and dryer all convey. Boaters will love the included private boat slip with lift, making it easy to explore Lake Conroe and boat to your favorite waterfront restaurants and destinations. Located in a gated community offering security and a true lake lifestyle.

Investor Tools

Property Icon
$230,188
Estimated Property Value
$165,000Estimated Mortgage Balance
$80,660Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,381 /month
Positive
Cash Flow Estimate:
$460 /month

Interested in this property?

Desirae Bell

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$482/month
$312/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,635
$230,188
2025
$35,000
$195,188
$230,188
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,635
$230,188

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Conventional
$165,000
No
First
Aug 13, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,528
$80,660
35%
65%
$990/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.

Explore Texas Explore This Area
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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801 River Rd Apt 105 | Property Details | No Agent List