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Owner Contacts

$371,715

NAL Estimated Property Value

12328 New River Trl, Conroe, TX, 77384

Off Market

4 Beds

3 Bath

2,445 Sq Ft

Single Family Residence

$157.46 / sqft

Built in 2021

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher

FlooringCarpet, Tile

Exterior

Lot Size6,422 sqft

Building Information

Year Built2020

Stories2

Roof Type105

Garage Spaces2

Land Information

APN5164-16-01200

Lot Number12

SubdivisionFosters Ridge 16

Land UseResidential

Legal DescriptionS516416 - FOSTERS RIDGE 16, BLOCK 1, LOT 12

Census Tract690502

Assessed Land Value$58,000

Assessed Improvement Value$313,715

Assessment Year2025

About this property

Stunning open concept home with scenic views in Fosters Ridge! This beautiful home has a striking brick and stone exterior elevation, welcoming front porch and 4 bedrooms/3 baths, including 2 BEDROOMS DOWNSTAIRS! The open-concept layout connects the kitchen, dining, and living areas. Enjoy a modern kitchen with stainless steel appliances, a 5-burner cooktop, granite countertops and 36" white cabinets. Large laundry room with extra storage closet! Upstairs a game room and 2 additional secondary bedrooms with a full bath. The home features tile flooring throughout the first floor except in the bedrooms, a smart home package and a tankless water heater. Step outside to a covered patio and an incredible view of the reserve with NO BACK NEIGHBORS! Located in a vibrant community offering a clubhouse, playground, and pool, zoned to exemplary CONROE ISD schools. Located off 1488, you’ll have quick access to I-45 & w/ lots of nearby shopping, dining, & all The Woodlands has to offer!

Investor Tools

$371,715

Estimated Property Value

$242,218Estimated Mortgage Balance

$129,497Estimated Equity

34% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,310 /month

Positive

Cash Flow Estimate:

$770 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$915/month

$850/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,126

$371,715

2025

$58,000

$313,715

$371,715

Tax History

Year

Tax Paid

Assessed Value

2024

$9,126

$371,715

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Dhi Mortgage Company Ltd

Fha

$267,799

Yes

First

May 21, 2021

Jun 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$242,218

$129,497

34%

65%

$1,606/mo

Learn About the Market: Opportunity in Texas

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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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