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$325,000

NAL Estimated Property Value

15575 Marina Drive 216C, Conroe, TX, 77356

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths848 Sq Ft
price_per_sqft$199.29 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Washer/Dryer Stacked, Dishwasher
FlooringTile

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1978
Stories1
Roof Type183

Land Information

APN2152-01-03300
SubdivisionApril Harbor Condos
Land UseResidential
Legal DescriptionS215201 - APRIL HARBOR CONDOS, BLDG B UNIT 136
Census Tract694307
Assessed Land Value$12,650
Assessed Improvement Value$238,720
Assessment Year2025

About this property

FEEL LIKE YOU ARE ON VACATION EVERY DAY! This waterfront condo has a wonderful view and is right in the heart of the action on Lake Conroe! You are within minutes of Margeritaville and the bulk of the lakefront shopping, dining, boat rentals and more. It's a prime location due to it's waterfront, proximity to everything, and also it's closeness to I45, The Woodlands, Conroe, IAH, and Houston if you want to go into town for a night out. This complex also has an ELEVATOR so if you want to avoid stairs this one level condo on the 2nd floor works! Take the ELEVATOR up to your 2nd story condo for a better bird's eye view of the lake! Inside you have an updated condo with new lighting, flooring, countertops, paint, and more. This unit looks great. The complex is gated, and has a lot of green space to play which is a nice change from other options on the market. There is a pretty community pool overlooking the lake and place to tie up your boat for the day as well! Come get it quick!

Investor Tools

Property Icon
$325,000
Estimated Property Value
$0Estimated Mortgage Balance
$325,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$291/month
$260/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,873
$201,457
2025
$12,650
$238,720
$251,370
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,873
$201,457

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$325,000
100%
0%
$0/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.

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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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15575 Marina Drive 216C | Property Details | No Agent List