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$192,000

NAL Estimated Property Value

801 River Road 116E, Montgomery, TX, 77356

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths969 Sq Ft
price_per_sqft$232.2 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer, Refrigerator, Dishwasher, Disposal, Microwave, Electric Cooktop, Electric Oven, Oven
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony, Boat Slip

Building Information

Year Built1985
Stories1
Roof Type105

Land Information

APN6711-02-00100
SubdivisionLake Pointe Condos Phase Ii
Land UseResidential
Legal DescriptionLAKE POINTE CONDOS PHASEII BLDG D UNIT 101 F#8837067
Census Tract694305
Assessed Land Value$40,000
Assessed Improvement Value$148,542
Assessment Year2025

About this property

FEEL LIKE YOU ARE ON VACATION EVERY DAY! MILLION DOLLAR VIEWS for only $225,000! COMPLETELY UPDATED condo! They've redone everything. ALL NEW paint, flooring, walls, ceiling, bathrooms, kitchen, and even the boat dock has been redone. OH, there are 2 other boat slips for sale separate as well that could be purchased for a total of 3 boat slips. This condo will WOW you! Enjoy wide open water views from this second story unit. You can sit on your private balcony and enjoy the scenery and be in your boat in a matter of minutes when you are ready to get on the lake. This complex has it's own pool as well when you want a change of water fun, and the pool over looks wide open views of Lake Conroe as well. This HIDDEN GEM is found down a peaceful tree covered drive to a QUIET, PEACEFUL, and SCENIC little peninsula on Lake Conroe. It's not part of Walden so you don't have the annual HOA fee, and the monthly fees are some of the lowest around. This is the best condo on the market! Come get it!

Investor Tools

Property Icon
$192,000
Estimated Property Value
$0Estimated Mortgage Balance
$192,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$396/month
$287/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,789
$188,542
2025
$40,000
$148,542
$188,542
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,789
$188,542

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$192,000
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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801 River Road 116E | Property Details | No Agent List