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$239,000

NAL Estimated Property Value

116 Oakmont Dr, Conroe, TX, 77301

$249,963 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,542 Sq Ft
price_per_sqft$158.88 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher, Oven
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size8,624 sqft

Building Information

Year Built1988
Stories1
Roof Type105
Garage Spaces1

Land Information

APN7632-01-02400
Lot Number24,25-A
SubdivisionOakmont 01
Land UseResidential
Legal DescriptionS763201 - OAKMONT 01, LOT 24, 25-A
Census Tract693902
Assessed Land Value$7,762
Assessed Improvement Value$193,547
Assessment Year2025

About this property

Submit Your Best Back-Up Offer By Friday 5/27/2022 at 2:00pm. Situated on an oversized lot, this NEWLY RENOVATED charming 4 bedroom/2bath home with large living area and Wood-burning fireplace is an inviting place to call home! Kitchen opens to dining room and spacious living area. Plenty of storage throughout the home! upgraded floors, tile in wet areas and carpet in remaining rooms. Covered porch in backyard provides the perfect retreat and you'll love the peaceful wooded ambiance that hallmarks 116 Oakmont as a truly a wonderful place to call home! New Subdivision within 0.2miles of this property are selling over $290,000. Please Submit your Best Offer The First Time because this will not last long.

Investor Tools

Property Icon
$239,000
Estimated Property Value
$173,044Estimated Mortgage Balance
$65,956Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$249,963
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$508/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,897
$201,309
2025
$7,762
$193,547
$201,309
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,897
$201,309

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Secrets Revealed Business Funding Llc
Commercial
$183,750
No
First
Mar 31, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,044
$66,956
27%
72%
$1,102/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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116 Oakmont Dr | Property Details | No Agent List