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$675,000

NAL Estimated Property Value

0 Turner-Platted Lots, Conroe, TX, 77304

Off MarketInfo

About this property

Platted lots, (4.7 Acres) in the Downtown Area of The City of Conroe. 6-9 lots Have paved road frontage and Utilities. City Said those lots could be build on. Current owner was going to build duplexes on them. Turner Street and 6th Street Frontage. Other streets and utilities are not in. Per a previous City Meeting you May be able to change zoning to Multifamily. Great lots for homes or duplex. Also, we were told that there could possible be grant money or rebates for building in this area.

Investor Tools

Property Icon
$675,000
Estimated Property Value
$0Estimated Mortgage Balance
$675,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,050 /month
Positive
Cash Flow Estimate:
$1,350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Conroe

0 Turner-Platted Lots | Property Details | No Agent List