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$90,000

12960 Royal Shores Dr, Conroe, TX, 77303

$117,000 ARVInfo
On MarketInfo
Just AddedInfo
Baths2 Bath
Baths1,567 Sq Ft
Year BuiltBuilt in 1992

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size25,264 sqft

Building Information

Year Built1992
Stories1
Roof Type105
Garage Spaces2

Land Information

APN8470-02-52200
Lot Number1520
SubdivisionRoyal Forest 02
Land UseResidential
Legal DescriptionROYAL FOREST 02 LOT 1519, 1520
Census Tract694104
Assessed Land Value$92,546
Assessed Improvement Value$197,869
Assessment Year2025

About this property

Waterfront lot ready to build. Cleared and fenced on three sides. Includes a 20'x12' storage building, movable if needed and iron gate at entrance. Please do not walk lot without notifying agent first. Low tax rate, Willis ISD schools. Royal Forest neighborhood amenities includes a boat launch, private stocked lake, beach area, public dock for fishing or sunbathing, covered party/picnic pavilion area, playground and pickleball courts. Come build your dreamhouse.

Investor Tools

$135,630Estimated Mortgage Balance
$136,321Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$117,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,632 /month
Positive
Cash Flow Estimate:
$544 /month

Interested in this property?

Lauri Kent

Green & Associates Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$277/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,968
$271,951
2025
$92,546
$197,869
$290,415
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,968
$271,951

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bbva Usa
Commercial
$157,600
No
First
Aug 16, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$135,630
$136,321
50%
50%
$945/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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