Status: Active
5693 Cessna Dr
Montgomery, TX 77316
5% Drop
$320,000
$305,000
------/mo*
CalculateRare 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 downstairs 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.
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- Bedrooms
- 2
- Baths
- 2
- House Size
- 1,480 sqft
- Year Built
- 1970
- Lot Size
- 0.77 ac
- School District
- 37 - Montgomery
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Location
Market Insights
In the last 30 days, homes for sale in 77316, Montgomery, TX were on the market for a median of 44 days and 14.93% of homes sold above list price.
Buy a new home knowing you’ll sell your current one. Orchard guarantees your home will sell, so you can buy your next one worry-free.
Get StartedInterior Information
- cooling
- Electric
- Window Unit(s)
- features
- High Ceilings
- Breakfast Bar
- Pantry
- Master Downstairs
- Laminate Counters
- flooring
- Wood
- Vinyl
- heating
- Electric
- laundry features
- Electric Dryer Hookup
- Gas Dryer Hookup
Exterior Information
- fence
- None
- road surface
- Asphalt
- roof
- Metal
Property Information
- architectural style
- Traditional
- construction
- Cement Siding
- Wood Siding
- foundation
- Pillar/post/pier
- hoa fees
- $700.00
- Annually
- lot
- Back Yard
- Near Golf Course
- Other
- Subdivided
- Wooded
- other structures
- Shed(s)
- parking
- No Garage
- Boat
- Detached Carport
- sewer
- Septic Tank
- subdivision name
- Lake Bonanza 03
- water source
- Public
- Listed By Evan Ballew
- (936) 290-0206
- evan@evanballewgroup.com
- Top Guns Realty on Lake Conroe
- (936) 582-1700
- krobertson@topguns.com
- MLS 87224111
Tax History
Date | Property Tax | Land | Additions | Tax Assessment |
|---|---|---|---|---|
| 2024 | $820 (0%) | $19,270 | $113,520 | $132,790 (-10.3%) |
| 2023 | $820 (-42.2%) | $19,270 | $128,720 | $147,990 (-4.1%) |
| 2022 | $1,418 (-4.7%) | $19,270 | $135,110 | $154,380 (+44.3%) |
| 2021 | $1,487 | $8,670 | $98,300 | $106,970 |
Tax data provied by Attom
Monthly Payments Calculator
Estimated Monthly Cost
$1,933
30 year fixed·6.9% interest rate
- Principal & Interest
- $1,607
- Property Taxes
- $68
- Home Insurance
- $200
- HOA Fees
- $58
*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
