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$274,000

NAL Estimated Property Value

801 River Road 109E, Montgomery, TX, 77356

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths707 Sq Ft
price_per_sqft$275.81 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile

Exterior

Exterior FeaturesStorage

Building Information

Year Built1985
Stories1
Roof Type105

Land Information

APN6711-02-00900
SubdivisionLake Pointe Condos Phase Ii
Land UseResidential
Legal DescriptionLAKE POINTE CONDOS PHASEII BLDG D UNIT 109
Census Tract694305
Assessed Land Value$40,000
Assessed Improvement Value$187,855
Assessment Year2025

About this property

WATERFRONT CONDO with MILLION DOLLAR OPEN WATER VIEWS on the ground floor. Lake Pointe is the best kept secret on Lake Conroe! A gated complex on a peninsula w/community pool and ample green space to enjoy picnics and take in the views. The location here is not only scenic, but it's very quiet and peaceful away from the hustle and bustle of town. Water heater 2 years old. Appliances ~2 years old. Refrigerator & full size stack washer & dryer are included. Water, sewer & trash included in monthly maintenance. Your private patio features a storage closet & opens onto your stunning water view. Truly an escape & a fabulous weekend getaway or live here full time! Don’t miss out on this waterfront paradise! No VRBOs - 6 month or longer leases are allowed.

Investor Tools

Property Icon
$274,000
Estimated Property Value
$96,067Estimated Mortgage Balance
$177,933Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,644 /month
Positive
Cash Flow Estimate:
$548 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$468/month
$260/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,247
$227,855
2025
$40,000
$187,855
$227,855
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,247
$227,855

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Envoy Mortgage Ltd
Conventional
$131,250
No
First
Apr 14, 2014
May 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$96,067
$177,933
64%
35%
$0/mo

City: Montgomery

801 River Road 109E | Property Details | No Agent List