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$226,688

NAL Estimated Property Value

801 River Road F-108 F108, Montgomery, TX, 77356

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths969 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$164.09 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer, Refrigerator, Dishwasher, Disposal, Microwave, Electric Range, Trash Compactor, Electric Oven, Washer/Dryer Stacked
FlooringLaminate, Tile

Exterior

Exterior FeaturesBoat Slip

Building Information

Year Built1985
Stories1
Roof Type105

Land Information

APN6711-00-01500
SubdivisionLake Pointe Condos Phase I
Land UseResidential
Legal DescriptionS671100 - LAKE POINTE CONDOS PHASE I
Census Tract694305
Assessed Land Value$30,000
Assessed Improvement Value$196,688
Assessment Year2025

About this property

REDUCED TO SELL! Hurry this condo won't last long at this price! Fantastic 2/2 WATERFRONT condo. Come see the best kept secret on Lake Conroe & the million dollar views! NEVER FLOODED. Gated complex with boat slips & no subdivision fees. This unit has a boat slip w/lift you can see from your private covered balcony. There is also a storage room off balcony. You can almost fish from your back door! Rare find - Master bedroom Lake side -very few of these condos have the master on the water! Water, sewer & trash incl. in monthly maintenance & complex has a pool! Condo comes with refrigerator, range, blt-in microwave, dishwasher & a newer stack washer/dryer. A/C system new in April 2018, washer & dryer approx. 3 yrs old & microwave new in 2018. Laminate floors in living room & bedrooms. Great investment for full or part time living. Get ready to enjoy the Lake Conroe lifestyle!

Investor Tools

Property Icon
$226,688
Estimated Property Value
$0Estimated Mortgage Balance
$226,688Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,360 /month
Positive
Cash Flow Estimate:
$453 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$429/month
$287/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,017
$226,688
2025
$30,000
$196,688
$226,688
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,017
$226,688

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$226,688
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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 F-108 F108 | Property Details | No Agent List