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$131,000

NAL Estimated Property Value

1118 Shellee Dr, Conroe, TX, 77303

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,064 Sq Ft
price_per_sqft$123.12 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1

Exterior

Lot Size41,818 sqft

Building Information

Year Built1979

Land Information

APN3590-00-00900
Lot Number9
SubdivisionCrystal Creek
Land UseResidential
Legal DescriptionS359000 - CRYSTAL CREEK FOREST, LOT 9, ACRES 1
Census Tract693901
Assessed Land Value$17,280
Assessed Improvement Value$1,090
Assessment Year2025

About this property

PROPERTY SOLD AS-IS. Here's your chance to own almost 1 acre of land with great potential! No HOA! Manufactured homes allowed / Mobile homes allowed! Property used to have a mobile home and garage structure on site. Garage structure was in process of being converted into an additional dwelling unit (ADU) prior to seller's purchase. Property has natural gas meter on site. Public water available (available, but not currently on site); property currently has well water. Septic on site (CAUTION: Septic cover broken; will need replacement). Electric pole, meter, and panel box on site. Less than 4 miles from the Conroe Regional Airport, less than 5 miles from downtown Conroe, and less than 20 miles from Exxon, Hewlett Packard (HP), Chevron, Memorial Hermann, St. Lukes, Methodist, and all that surrounds The Woodlands makes this property prime for development of your dream home, barndominium, or expanding your rental dynasty. Call for your showing TODAY!!! Priced to sell quickly!

Investor Tools

Property Icon
$131,000
Estimated Property Value
$48,436Estimated Mortgage Balance
$82,564Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$786 /month
Positive
Cash Flow Estimate:
$262 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$77/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$273
$18,370
2025
$17,280
$1,090
$18,370
No

Tax History

Year
Tax Paid
Assessed Value
2024
$273
$18,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nfp Assets Llc
Conventional
$50,000
No
First
Aug 5, 2024
Aug 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$48,436
$75,564
60%
37%
$300/mo

City: Conroe

1118 Shellee Dr | Property Details | No Agent List