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$521,462

NAL Estimated Property Value

8935 Forest Lake Drive, Montgomery, TX, 77316

$580,496 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,698 Sq Ft
price_per_sqft$144.37 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Washer, Microwave, Gas Cooktop, Oven
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size1.42 acres

Building Information

Year Built2000
Stories2
Roof Type105
Garage Spaces2

Land Information

APN7281-09-00800
Lot Number8
SubdivisionMontgomery Trace 09
Land UseResidential
Legal DescriptionMONTGOMERY TRACE 09, BLOCK 1, LOT 8
Census Tract694503
Assessed Land Value$178,000
Assessed Improvement Value$383,849
Assessment Year2025

About this property

Looking for a well-built home on 1.4+ acres with sparking pool with BRAND NEW wood grain tile, new carpet, freshly painted and ready to go?! Then don't miss out on this custom, all brick, 3 car over-sized garage, 4 bedrooms downstairs, game or 5th up w/tons of upgrades home! The exterior offers a high & dry maturely landscaped lot w/recently re-plastered pool + extensive decking! The interior boast a sizable living room w/eye-catching fireplace, wall of windows w/views of pool + wildlife! Kitchen offers solid wood site built cabinets, granite counters, gas cooktop, brand new oven, breakfast bar, breakfast rm w/bay window + a formal dining room w/high ceilings +custom molding. Master suite boast great views, private door leading to pool, double sinks/vanities, corner soak tub, seamless glass walk-in shower + walk-in closet. Game room upstairs can be a 5th bedroom (only room up is the game room)! North/South exposure. Great location between Lake Conroe + The Woodlands! New roof 12/2018!

Investor Tools

Property Icon
$521,462
Estimated Property Value
$0Estimated Mortgage Balance
$521,462Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$580,496
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,129 /month
Positive
Cash Flow Estimate:
$1,043 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$727/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,121
$521,462
2025
$178,000
$383,849
$561,849
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,121
$521,462

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$521,462
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.

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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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8935 Forest Lake Drive | Property Details | No Agent List