$89,000
1183 Oak Lane, Conroe, TX, 77316
On Market
Just Added
Highlights
Interior
Exterior
Lot Size20,307 sqft
Land Information
APN6680-01-00700
Lot Number7
SubdivisionLake Lorraine 01
Land UseResidential
Legal DescriptionS668001 - LAKE LORRAINE 01, LOT 7
Census Tract694403
Assessed Land Value$40,614
Assessment Year2025
About this property
Community has private Lake Conroe access.
Investor Tools
$56,892Estimated Mortgage Balance
$11,108Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$534 /month
Positive
Cash Flow Estimate:
$178 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$94/month
$175/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$791
$40,614
2025
$40,614
N/A
$40,614
No
Tax History
Year
Tax Paid
Assessed Value
2024
$791
$40,614
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Austin Bank
Closed-End Mortgage / Closed-End With Future Advance Clause
$58,000
No
First
May 1, 2025
May 2040
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$56,892
$11,108
16%
84%
$348/mo
