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$1,195,000

Beds
6
Baths
4.0
sq ft
4,721

8995 Forest Lake Dr, Montgomery, TX 77316

8995 Forest Lake Dr

Montgomery, TX 77316

  • 47 days on market
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.

Details

Property type

Single Family Residence

Est. home value

$1,038,247

Lot size

1.65 acres

Price per sq ft

$254

Year built

2007

Annual property taxes

$13,641

Monthly HOA fee

$29.17

Price History

10/02/2024
Houston

Houston #84018262

Listed
$1,195,000
07/16/2024
Houston

Houston #13540535

Removed
07/03/2024
Houston

Houston #13540535

Price change
$1,249,500
-3.59%

Schools & Community

Elementary school: 

STEWART ELEMENTARY SCHOOL (CONROE)

Middle school: 

PEET JUNIOR HIGH SCHOOL

High school: 

CONROE HIGH SCHOOL

School district: 

Conroe

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Frost Bank

Loan start date

April 2023

Original loan amount

$27,000

Est. remaining balance

Not provided

Interest rate

6.73%

Loan type

Building or Construction Loan

Seller

Gregory Bankston

Lender

Draper & Kramer Mortgage Corp

Loan start date

April 2022

Original loan amount

$759,388

Est. remaining balance

Not provided

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Gregory W Bankston and Clara Bankston

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/19/2024 at 5:25 AM

Listing updated: 11/10/2024 at 3:09 PM

Listed by: Bryan Beene, Martha Turner Sotheby's International Realty Phone #: (713) 520-1981

MLS: Houston #84018262

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