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$274,000

NAL Estimated Property Value

801 River Road C-107 C-107, Montgomery, TX, 77356

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths707 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$295.62 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

High Equity

Highlights

Interior

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

Exterior

Exterior FeaturesBoat Slip

Building Information

Year Built1985
Stories1
Roof Type105

Land Information

APN6711-02-00700
SubdivisionLake Pointe Condos Phase Ii
Land UseResidential
Legal DescriptionLAKE POINTE CONDOS PHASEII BLDG D UNIT 107 F#8714058
Census Tract694305
Assessed Land Value$40,000
Assessed Improvement Value$223,374
Assessment Year2025

About this property

Get ready to enjoy lake life! Beautiful updated 1/1 ground floor waterfront condo boasts EAST facing views & a deep water boat slip with lift (#69) is included with the sale of the condo. Condo is located in a gated complex & offers community pool & covered back patio right out your back door. All units here at Lake Pointe are on the water Live here full time or great weekend get a way! Kitchen features granite counters, porcelain tile floors through-out, recessed lighting & light fixtures, custom cabinets with designer hardware & recent paint. Refrigerator, washer & dryer are included in the sale & water, sewer & trash is included in the monthly maintenance. Storage closet with inside access. Keep your boat on your slip year round & enjoy the Lake Conroe lifestyle.

Investor Tools

Property Icon
$274,000
Estimated Property Value
$202,411Estimated Mortgage Balance
$71,589Estimated Equity
26% 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
$335/month
$297/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,650
$263,374
2025
$40,000
$223,374
$263,374
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,650
$263,374

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Conventional
$220,000
No
First
Feb 8, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,411
$71,589
26%
74%
$1,320/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 C-107 C-107 | Property Details | No Agent List