$1,176,000
NAL Estimated Property Value8870 Grand Lake Estates Drive, Montgomery, TX, 77316
Off Market
Highlights
Interior
Exterior
Lot Size2 acres
Building Information
Year Built2019
Stories1
Roof Type105
Garage Spaces4
Land Information
APN5390-07-00700
Lot Number7
SubdivisionGrand Lake Estates
Land UseResidential
Legal DescriptionGRAND LAKE ESTATES 07 BLK 1 LOT 6, 7
Census Tract694502
Assessed Land Value$280,000
Assessed Improvement Value$689,800
Assessment Year2025
About this property
Fantastic high and dry lot with a water view of one of the larger lakes in the subdivision. Build the home you've always dreamed of, and enjoy the golf course community. Great location near The Woodlands and Lake Conroe! MISD schools, reasonable HOA dues, no MUD! Call your builder and walk the lot today.
Investor Tools
$1,176,000
Estimated Property Value
$503,820Estimated Mortgage Balance
$672,180Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,056 /month
Positive
Cash Flow Estimate:
$2,352 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,381/month
$700/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,695
$845,093
2025
$280,000
$689,800
$969,800
No
Tax History
Year
Tax Paid
Assessed Value
2024
$10,695
$845,093
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Conventional
$428,000
No
First
Jun 1, 2020
Jul 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$503,820
$672,180
57%
43%
$3,347/mo
