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$251,000

NAL Estimated Property Value

13400 Southshore Dr, Conroe, TX, 77304

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths900 Sq Ft
price_per_sqft$277.78 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringVinyl

Exterior

Exterior FeaturesBalcony
Lot Size13,336 sqft

Building Information

Year Built1965
Stories1
Roof Type105

Land Information

APN6615-01-04300
Lot NumberS-40
SubdivisionLake Forest Falls 01
Land UseResidential
Legal DescriptionLAKE FOREST FALLS 01, LOT S-40
Census Tract694401
Assessed Land Value$23,338
Assessed Improvement Value$175,963
Assessment Year2025

About this property

INVESTOR's DREAM! Great Rental property... or weekend retreat~! Only lake next to Lake Conroe you can boat, jet ski, kayak & great fishing...and feel like you're still in the country. Waterfront property located in private subdivision on a canal that feeds into an 80 acre lake. The grounds are on a 1/3 acre lot. Located on private lake with 10 parks, a pavilion, and swim island. Nice open kitchen with island overlooking charming family room. Deck overlooking the water spans the entire length of the house.. It's a Dream! Neighborhood also owns the community wells, so your water bill is much more affordable than most neighborhoods around Lake Conroe. Low taxes & NO MUD. Come make your DREAM a Possibility...TODAY will be your 'chance'...

Investor Tools

Property Icon
$251,000
Estimated Property Value
$113,887Estimated Mortgage Balance
$137,113Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,506 /month
Positive
Cash Flow Estimate:
$502 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$438/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,997
$199,301
2025
$23,338
$175,963
$199,301
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,997
$199,301

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Conventional
$119,500
No
First
Oct 16, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$113,887
$164,113
59%
45%
$717/mo

City: Conroe

13400 Southshore Dr | Property Details | No Agent List