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$603,000

NAL Estimated Property Value

116 Owen Ridge Dr, Conroe, TX, 77384

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,461 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.91 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size9,376 sqft

Building Information

Year Built2013
Stories2
Roof Type105
Garage Spaces2

Land Information

APN3401-00-06100
Lot Number15
SubdivisionChestnut Ridge At Jacobs Reserve
Land UseResidential
Legal DescriptionS340100 - CHESTNUT RIDGE AT JACOBS RESERVE, BLOCK 4, LOT 15
Census Tract690503
Assessed Land Value$57,264
Assessed Improvement Value$509,889
Assessment Year2025

About this property

Exceptional 1.5 story floor plan boasting 3 bedrooms on the main level, including the primary bedroom, & a 4th bedroom, full bath, game room, & media room on the 2nd floor. The open concept island kitchen features double ovens, granite countertops, & ample storage & counter space. The family room is a highlight with its high ceilings & stunning views of the backyard, complete with a full outdoor kitchen, pool/spa. French doors from the dining room (or optional study) lead to the spacious covered front porch. The home is adorned with oil-rubbed bronze hardware, 8-foot doors, & a 7.1 surround sound system in the theater. Outdoor patio speakers with volume control, alarm system, sprinklers, & a new downstairs AC & new upstairs AC add to the home's appeal. Located in a family-friendly neighborhood with year-round events, a pool, parks, & a splash pad. Conveniently close to I-45, Market Street, & The Woodlands Mall. Zoned to The Woodlands schools, making it the ideal place to call home!

Investor Tools

Property Icon
$603,000
Estimated Property Value
$493,627Estimated Mortgage Balance
$109,373Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,618 /month
Positive
Cash Flow Estimate:
$1,206 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,212/month
$665/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,531
$567,153
2025
$57,264
$509,889
$567,153
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,531
$567,153

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$500,200
No
First
Aug 15, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$493,627
$103,373
17%
82%
$2,999/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 Owen Ridge Dr | Property Details | No Agent List