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B+
NoAgentList RatingHow are grades calculated? Info
Days760Days on Market
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$529,000

1187 Oak Ln, Conroe, TX, 77316

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,755 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.01 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size17,950 sqft

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces2

Land Information

APN6680-01-00600
Lot Number6
SubdivisionLake Lorraine 01
Land UseResidential
Legal DescriptionLAKE LORRAINE 01, LOT 6
Census Tract694403
Assessed Land Value$35,900
Assessed Improvement Value$454,452
Assessment Year2025

About this property

Welcome home to 1187 Oak Lane in the sought-after Lake Lorraine community. This 3-4 bedroom, 4-bath traditional sits on almost half an acre and was made for entertaining, with a sparkling gunite pool, covered outdoor kitchen, and expansive covered patio just steps from the back door. Inside, wood flooring and crown molding carry through an open living area centered on a wood-burning fireplace, while the kitchen offers a large island, granite counters, and a breakfast bar. The primary suite is a true retreat at 18x24 with a spa-style bath featuring dual vanities, a garden tub, and separate shower. A private office/study, split-bedroom floor plan, and Generac backup generator round out the features. Enjoy voluntary HOA, private Lake Conroe access, and Montgomery ISD schools.

Investor Tools

Property Icon
$490,352
Estimated Property Value
$238,000Estimated Mortgage Balance
$260,166Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,174 /month
Positive
Cash Flow Estimate:
$1,058 /month

Interested in this property?

Keith Robertson

Top Guns Realty on Lake Conroe

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$658/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,450
$490,352
2025
$35,900
$454,452
$490,352
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,450
$490,352

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Farmers State Bank
Conventional
$238,000
No
First
Sep 23, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,186
$260,166
53%
47%
$1,427/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.

Explore Texas Explore This Area
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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1187 Oak Ln | Property Details | No Agent List