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$486,000

NAL Estimated Property Value

107 Inverness Dr, Conroe, TX, 77356

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths3,129 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$100.67 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Cooktop, Trash Compactor, Electric Oven
FlooringCarpet, Tile

Exterior

Lot Size20,209 sqft

Building Information

Year Built1988
Stories1
Roof Type105
Garage Spaces3

Land Information

APN2150-07-11200
Lot Number44-45
SubdivisionApril Sound 07
Land UseResidential
Legal DescriptionAPRIL SOUND 07, BLOCK 2, LOT 44, 45
Census Tract694309
Assessed Land Value$141,463
Assessed Improvement Value$323,903
Assessment Year2025

About this property

SPACIOUS is a great word to describe this unique property. It sits on 2 lots in prestigious April Sound giving you ALMOST half an acre with plenty of elbow room on each side, and a generous yard for BBQ's, parties, and kids! You also have a SPACIOUS floorpan all on ONE STORY with LOTS of room to entertain and enjoy time with your family! Look at those room measurements! The living room is SPACIOUS and has a majestic brick fireplace and hearth to enjoy. The living room and kitchen flow into each other with a SPACIOUS dining room that could be used in a myriad of ways. Make it your own with your own touches, and this could be a stately home. There is already a NEW ROOF and NEW carpet through much of the home. Many appliances have been recently updated in the last 3-5 years. This is a great opportunity to own a home in a prestigious Lake Conroe community with all the amenities you could ask for such as golf, tennis, boating, country club, and 24/7 manned security centrally located!

Investor Tools

Property Icon
$486,000
Estimated Property Value
$240,716Estimated Mortgage Balance
$245,284Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,916 /month
Positive
Cash Flow Estimate:
$972 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$742/month
$205/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,478
$436,883
2025
$141,463
$323,903
$465,366
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,478
$436,883

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$277,875
No
First
Aug 28, 2019
Sep 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$240,716
$245,284
50%
50%
$1,667/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.

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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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