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$1,176,000

NAL Estimated Property Value

8870 Grand Lake Estates Drive, Montgomery, TX, 77316

Off MarketInfo
Baths0 Bath
Baths3,802 Sq Ft

Highlights

Interior

Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

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

Property Icon
$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

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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

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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8870 Grand Lake Estates Drive | Property Details | No Agent List