Montgomery, TX 77316
$320,000List Price
$2,600 Est. Mo. Payment
For a given home price of $320,000, the monthly mortgage is computed using a 5% down payment ($16,000) and a 7.5% annual interest rate, spread over 360 payments.
1
2
2
1,480ft2

Evan Ballew

Top Guns Realty on Lake Conroe

Montgomery, TX

Status

Available

Market MatchUP

How this home compares to similar 1 bedroom homes in Montgomery
  • Price Comparison
    $146,650 higher
  • Home Size
    768 sq. ft. larger
  • Built in 1970
    One of the oldest homes in Montgomery
  • Montgomery Snapshot
    1315 active listings
    2% have 1 bedrooms
    • Typical 1 bedroom size: 712 sq. ft.
    • Typical 1 bedroom price: $173,349

Description

Rare chance to “own the street” in Lake Bonanza with 4 tax lots totaling over .75 acre including 2 homes plus 2 vacant lots. The 1,410 sq ft main home has been nearly fully remodeled with 1 bedroom and an open loft perfect for a second bedroom or game room. The charming efficiency guest house offers a cozy bedroom with built-ins, living area, full kitchen with refrigerator, bath, bar seating, plus outdoor shed with washer/dryer connections; tenant in place at $1,000/month through November. The 2 adjoining lots sit on a quiet bend of Cessna Drive with public water and electricity at the street—only septic needed. Lake Bonanza is a hidden gem with a 14-acre private lake, community pool, 5 parks, horse stables and pasture, sports courts, private airstrip, and a 9-hole golf course under renovation (per community website). With low HOA fees, light restrictions, and an extremely low tax rate, this multi-lot package combines investment, income, and lifestyle all in one.

MLS Listing ID

87224111

Listed By

Evan Ballew
936-290-0206
Top Guns Realty on Lake Conroe

Map

High School
Lake Creek High School
Elementary School
Lone Star Elementary School (Montgomery)
High School District
Montgomery
Middle Or Junior School
Oak Hill Junior High School
Geo Market Area
Lake Conroe Area
Tax Year
2024
Tax Rate
1.6199
Association Fee
700
Tax Annual Amount
2151
Fee Other Amount
Unknown
Other Mandatory Fee
Transfer Fee and Resale Certificate if Needed
Association Fee Frequency
Annually
This expanded setting will include additional fields to closer define your loan needs and payment amount.
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Estimated Monthly Payment

$2,600

Loan Amount

$304,000

This calculator is illustrative, but your unique situation will best be served by seeking out a purchase budget pre-approval from a reputable mortgage provider. Start My Mortgage Application can provide you an approval within 48hrs.

Home Facts

Bathroom

Bathrooms Full
2

Kitchen

Room Kitchen Features

  • Breakfast Bar
  • Kitchen open to Family Room
  • Pantry
  • Walk-in Pantry

Laundry

Laundry Features

  • Electric Dryer Hookup
  • Gas Dryer Hookup

Highlights

Interior Features

  • High Ceilings
  • All Bedrooms Down,En-Suite Bath,Primary Bed - 1st Floor

Roof

  • Metal

Sewer

  • Septic Tank

Cooling

  • Window Unit(s)
  • Electric

Fencing

  • None
Stories
1
Pool Area
Lot Size Acres
0.765
Parcel Number
65400308700
Property Type
Residential
Carport Spaces
2
Covered Spaces
2
Golf Course
Other

Other Structures

  • Detached Gar Apt /Quarters
  • Shed(s)

Parking Features

  • No Garage
  • Extra Driveway
  • Boat
  • Detached Carport
Property Sub Type
Single Family Residence

Exterior Features

  • Side Yard
Property Type
Single-Family
Building Area Total
1480
Parcel Number2
6540-03-08800
Parcel Number3
6540-03-06100

Association Amenities

  • Pool
  • Park
  • Stocked Pond
  • Golf Course
  • Basketball Court
  • Playground
  • Airport/Runway
  • Clubhouse
  • Picnic Area

Flooring

  • Wood
  • Vinyl Plank
Year Built
1970

Road Surface Type

  • Asphalt

Foundation Details

  • Pillar/Post/Pier

Architectural Style

  • Traditional

Construction Materials

  • Cement Siding
  • Wood Siding

Heating

  • Electric
Heating

Water Source

  • Public