$1,132,487
NAL Estimated Property Value8854 Grand Lake Estates Dr, Montgomery, TX, 77316
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesWater Heater, Disposal, Double Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood
Exterior
Exterior FeaturesOutdoor Kitchen
Lot Size1 acre
Building Information
Year Built2020
Stories2
Roof Type105
Garage Spaces5
Land Information
APN5390-07-01000
Lot Number3
SubdivisionGrand Lake Estates
Land UseResidential
Legal DescriptionGRAND LAKE ESTATES 07, BLOCK 2, LOT 3, ACRES 1.000
Census Tract694502
Assessed Land Value$130,000
Assessed Improvement Value$1,002,487
Assessment Year2025
About this property
This lot is flat, few trees, in a great location and ready for your new home to be built! Located near the golf course, park and lakes, and just a short drive down Grand Lake Estates Blvd to the back gate. New MISD schools very close, reasonable HOA fees and low tax rate. Bring your builder, walk the lot and make your offer today!
Investor Tools
$1,132,487
Estimated Property Value
$853,545Estimated Mortgage Balance
$278,942Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,795 /month
Positive
Cash Flow Estimate:
$2,265 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,850/month
$700/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$1,132,487
2025
$130,000
$1,002,487
$1,132,487
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$1,132,487
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Va
$679,000
Yes
First
Feb 2, 2021
Mar 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$853,545
$278,942
24%
75%
$5,539/mo
