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$650,000

NAL Estimated Property Value

8893 Forest Lake Drive, Montgomery, TX, 77316

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,020 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$215.23 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Gas Cooktop

Exterior

Private PoolPrivate Pool
Lot Size1.02 acres

Building Information

Year Built2002
Stories2
Roof Type105
Garage Spaces2

Land Information

APN7281-10-00500
Lot Number5
SubdivisionMontgomery Trace 10
Land UseResidential
Legal DescriptionS728110 - MONTGOMERY TRACE 10, BLOCK 1, LOT 5
Census Tract694503
Assessed Land Value$127,500
Assessed Improvement Value$485,804
Assessment Year2025

About this property

Picture perfect, house on the hill is ready for your family to call it home! This charming four bedroom home contains two bedrooms downstairs, two upstairs with a closed off gameroom that could function as a fifth bedroom if needed. The property boasts over an acre of land, sparkling pool, fenced and gated driveway, covered patio, large shed, three car garage and only has one true "neighbor"! The lot to the right is a 5 acre reserve that is owned by the POA and backs up to a 23 acre private property making this home the perfect peaceful escape! High ceilings, engineered wood floors, fresh paint completed in October and plenty of natural light that shines in all hours of the day are just a few of the things that make this home wonderful. Schedule your private showing today!

Investor Tools

Property Icon
$650,000
Estimated Property Value
$0Estimated Mortgage Balance
$650,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$805/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,412
$542,943
2025
$127,500
$485,804
$613,304
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,412
$542,943

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$650,000
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.

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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8893 Forest Lake Drive | Property Details | No Agent List