Last 24 Hours
$189,000
1020 Houston Street, Conroe, TX, 77301
On Market
Just Added
2 Beds
1 Bath
1,064 Sq Ft
Single Family Residence
$177.63 / sqft
Built in 1955Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 2
Bathrooms Full 1
Garage Available
Heating Central
CoolingExterior
Lot Size6,500 sqft
Building Information
Year Built1955
Stories1
Roof Type105
Garage Spaces2
Land Information
APN5810-00-20700
Lot Number1,2
SubdivisionHighland
Land UseResidential
Legal DescriptionHIGHLAND, BLOCK 15, LOT 1, 2
Census Tract693503
Assessed Land Value$32,500
Assessed Improvement Value$70,750
Assessment Year2025
About this property
Location, Location, Location!!! Great location for residential use or commercial use as an office space close to I-45, downtown Conroe, dining and entertainment. This 2 bedroom 1 bath with spacious living room and dining room area features hard wood floors, roof recently installed. It also has a large fenced in backyard and a 12x 13 building that has water and electricity running to it that can be converted into an office space. There is also another storage shed that is 12x 10.
Investor Tools
$0Estimated Mortgage Balance
$197,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,182 /month
Positive
Cash Flow Estimate:
$394 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$223/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,696
$103,250
2025
$32,500
$70,750
$103,250
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,696
$103,250
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$197,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
8.0%
12.4%