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$834,000

NAL Estimated Property Value

8995 Forest Lake Dr, Montgomery, TX, 77316

$841,725 ARVInfo
Off MarketInfo
Beds6 Beds
Baths4 Bath
Baths4,721 Sq Ft
price_per_sqft$233 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Gas Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher
FlooringCarpet, Engineered Wood, Laminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size1.65 acres

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces8

Land Information

APN7281-08-00600
Lot Number6
SubdivisionMontgomery Trace 08
Land UseResidential
Legal DescriptionS728108 - MONTGOMERY TRACE 08, BLOCK 1, LOT 6
Census Tract694503
Assessed Land Value$205,875
Assessed Improvement Value$565,442
Assessment Year2025

About this property

Nestled on a 1.64-acre property, this estate offers a 3,737 sq ft main home, 984 sq ft casita, and a 1,500 sq. ft. workshop. The main home features an open-concept design, with a formal dining room, flexible living/study space, and includes a finished golf cart garage. The layout includes 3 bedrooms and 2 baths on the main floor, along with an additional bedroom and bath upstairs. Step outside into a backyard paradise, complete with a salt water pool, hot tub, and a fun splash pad. The property also includes a 2-bedroom, 1-bath casita with its own kitchen and living room—ideal for guests or extended family. Beyond the pool, the spacious workshop offers endless possibilities, from storage to conversion into a barn for housing horses.

Investor Tools

Property Icon
$834,000
Estimated Property Value
$724,399Estimated Mortgage Balance
$109,601Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$841,725
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,224/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,513
$771,317
2025
$205,875
$565,442
$771,317
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,513
$771,317

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Draper & Kramer Mortgage Corp
Conventional
$759,388
No
First
Apr 18, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$724,399
$127,601
14%
87%
$3,679/mo

City: Montgomery