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$61,000

104 Capetown Slip, Conroe, TX, 77356

$79,300 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,300 Sq Ft
Year BuiltBuilt in 1986

Property Lead Type:

BankruptcyPre-ForeclosureARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size2,678 sqft

Building Information

Year Built1986
Stories2
Roof Type105
Garage Spaces2

Land Information

APN2150-07-34400
Lot Number4
SubdivisionApril Sound 07
Land UseResidential
Legal DescriptionS215007 - APRIL SOUND 07, BLOCK 51, LOT 4
Census Tract694309
Assessed Land Value$117,832
Assessed Improvement Value$388,168
Assessment Year2025

About this property

Second of three lots, Side-By-Side. To be sold together. All three mostly cleared, saving you Time and Money. WaterView Townhome lot or re-plat with the one or two adjoining lots for a more creative space. Located in the April Sound subdivision on Lake Conroe. Amenities available are the April Sound Golf Course, clubhouse with restaurant / bar, driving range, gym, tennis courts, pickle ball, boat ramp, boat dock, and lake access. MCAD Plat Lot dimension of 25'x93' are approximate. See photos for Plat dimensions.

Investor Tools

$239,546Estimated Mortgage Balance
$298,454Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$79,300
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,228 /month
Positive
Cash Flow Estimate:
$1,076 /month

Interested in this property?

David Saalwaechter

Patrons Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,007/month
$201/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,395
$506,000
2025
$117,832
$388,168
$506,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,395
$506,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Mortgage Corp
Fha
$258,846
Yes
First
Jan 22, 2013
Feb 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,546
$266,454
52%
45%
$1,975/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Conroe

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