Last 24 Hours
$468,977
NAL Estimated Property Value10831 Highway 242, Conroe, TX, 77385
$609,670 ARV
Off Market
3 Beds
4 Bath
1,018 Sq Ft
$1,277.01 / sqft
Built in 1978Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms 4
Heating Forced Air Unit
CoolingExterior
Lot Size41,425 sqft
Building Information
Year Built1978
Garage Spaces2
Land Information
APN0597-00-02105
Lot Number1-A
SubdivisionWilburn Matilda
Land UseCommercial
Legal DescriptionA0597 WILBURN MATILDA, TRACT 21 LOT 1-A, ACRES 0.951
Census Tract692101
Assessed Land Value$331,400
Assessed Improvement Value$137,577
Assessment Year2025
About this property
Seller is using the home as mixed use property. Home sits on a lot that is just shy of an acre right on SH 242 for easy access to I45 and HEB, Gas Station, Tractor Supply and dining a few blocks away. There is a home on the property that the seller lives in, its a 3 bed, 2 bath home with 2,000 sq ft of living space. All electric, no gas. Well on site and septic. All measurements should be independently verified for accuracy.
Investor Tools
$468,977
Estimated Property Value
$62,606Estimated Mortgage Balance
$406,371Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$609,670
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,800 /month
Positive
Cash Flow Estimate:
$2,600 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$830/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,611
$468,977
2025
$331,400
$137,577
$468,977
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,611
$468,977
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Investment Lending Assoc Inc
Unknown
$134,400
No
First
May 13, 2004
Jun 2034
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$62,606
$406,371
86%
13%
$832/mo
12.4%