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$499,000

807 Paradise Lane, Montgomery, TX, 77356

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,133 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$233.94 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringTile, Vinyl

Exterior

Exterior FeaturesBoat Slip, Balcony
Lot Size3,250 sqft

Building Information

Year Built1978
Stories2
Roof Type105
Garage Spaces2

Land Information

APN3300-02-57400
SubdivisionCape Conroe 02
Land UseResidential
Legal DescriptionCAPE CONROE 02, BLOCK 14 TR 65,65-A
Census Tract694308
Assessed Land Value$65,000
Assessed Improvement Value$391,343
Assessment Year2025

About this property

Lake Life is Calling with this beautifully updated fully furnished 4-bedroom, 4-bath waterfront home in Cape Conroe. The living area is filled with natural light, thanks to oversized windows and double doors that lead to a massive screened in lakeside deck, perfect for sunset dinners or lazy Sunday lounging. The kitchen features sleek quartz countertops, stainless steel appliances, and classic subway tile backsplash that never goes out of style. First-floor guest suite + two upstairs bedrooms including a luxe primary with walk in closet and ensuite. Need more space? The detached casita (approx. 300 sq ft) features a kitchenette, full bath & loft, perfect for guests! 2023 updates include new roof, A/C, siding & paint. Never flooded! Community perks: pool, boat ramp, park, clubhouse & more. Zoned to Montgomery ISD. Full-time home or weekend getaway, this home has it all!

Investor Tools

$748,106Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

Interested in this property?

Medina Mckellar

Compass RE Texas, LLC - The Woodlands

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$677/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,839
$456,343
2025
$65,000
$391,343
$456,343
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,839
$456,343

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lendsure Mortgage Corp
Conventional
$386,750
No
First
Aug 29, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$748,106
N/A
0%
164%
$4,638/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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807 Paradise Lane | Property Details | No Agent List