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$3,900,000

NAL Estimated Property Value

0000 Hardy Smith FS RD, Conroe, TX, 77356

Off MarketInfo

About this property

OPEN WATERFRONT -- LOCATION-LOCATION-LOCATION. There is not a better waterfront lot, lake waterfront, Conroe lakefront, Houston water front on the lake Conroe with this access, view, and usable acreage. This is a spectacular 92.45-acre waterfront peninsula on Lake Conroe available with 516’ of waterfront footage and incredible views. This undeveloped property offers endless possibilities: Ready for a dream estate, family compound or a potential development. You may develop a Hi-Line Resort for a vacation spot with lots of other facilities like swimming, boating, lodging, fishing, and camping areas. Other options are perhaps a hotel, townhomes, vineyard, cabins, fruit farm, or a high-end lakefront subdivision, estate sized lots or even one large estate for corporate retreat, etc. This property is very private and surrounded by the US Forest and has no zoning and no restrictions. As an investment, this property offers a tremendous upsides due to the unprecedented growth in Conroe.

Investor Tools

Property Icon
$3,900,000
Estimated Property Value
$0Estimated Mortgage Balance
$3,900,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$23,400 /month
Positive
Cash Flow Estimate:
$7,800 /month

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Financing Details

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

City: Conroe

0000 Hardy Smith FS RD | Property Details | No Agent List