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$490,000

10985 Lake Forest Dr, Conroe, TX, 77384

$637,000 ARVInfo
Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,742 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$401.17 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Wine Refrigerator, Gas Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size5 acres

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces5

Land Information

APN803447
Lot Number4
SubdivisionRed Oak Ranch 01
Land UseFarm And Ranch Single Family
Legal DescriptionS826900 - RED OAK RANCH 01, BLOCK 2, LOT 4, ACRES 5
Census Tract690502
Assessed Land Value$60,250
Assessed Improvement Value$258,749
Assessment Year2024

About this property

Fall in love with this beautifully remodeled home in the heart of Red Oak Ranch—where luxury meets serenity on 5 gorgeous, wooded acres. This beauty offers timeless elegance featuring hardwood floors, vaulted ceilings & a striking stone fireplace. The gourmet kitchen is a chef’s dream, designed for both everyday living & entertaining. The flex room downstairs can be an office or 4th bedroom. A separate, newly renovated flex space (609 SF not included in house SF) w/ half bath is perfect for an office, homeschool setup, studio, or guest suite. Step outside into your own private paradise—an extensively remodeled pool w/ travertine coping, inlays, raised water feature wall, spray decking, dog shower & turf create the ultimate backyard retreat. Whole-home generator, water softener, spacious covered patio, an oversized 3-car garage with epoxy flooring & horse-friendly land make this home as practical as it is beautiful. Enjoy country living just minutes from The Woodlands, I-45, & Magnolia.

Investor Tools

Property Icon
$490,000
Estimated Property Value
$0Estimated Mortgage Balance
$490,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$637,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$560/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,269
$318,999
2024
$60,250
$258,749
$318,999
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,269
$318,999

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$490,000
100%
0%
$0/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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10985 Lake Forest Dr | Property Details | No Agent List