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$205,000

NAL Estimated Property Value

15575 Marina Drive 320A, Conroe, TX, 77356

$217,803 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,152 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$217.01 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Electric Range, Dryer, Washer, Dishwasher, Oven
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony

Building Information

Year Built1978
Stories1
Roof Type183

Land Information

APN2152-01-03500
SubdivisionApril Harbor Condos
Land UseResidential
Legal DescriptionS215201 - APRIL HARBOR CONDOS, BLDG B UNIT 229
Census Tract694307
Assessed Land Value$12,650
Assessed Improvement Value$176,445
Assessment Year2025

About this property

Outstanding investment opportunity! This condo rents quickly and reliably, with a tenant already in place providing immediate income. This beautifully updated 2-bed, 2-bath condo offers panoramic views of the lake from private 3rd-floor balcony. Located in the complex’s most desirable location, this unit featurs newer double-insulated sliding doors. Inside, enjoy fresh paint, luxury vinyl plank flooring (no carpet!), and upgraded appliances. The open-concept living area is perfect for entertaining or relaxing after a day on the water. Both bedrooms are spacious, and the unit includes in-unit washer and dryer connections for added convenience. The well-maintained complex features elevator access, assigned covered parking, a sparkling community pool, and even boat parking available for up to 72 hours right in front of the property. Whether you're seeking a weekend getaway or full-time resort-style living, this condo checks all the boxes. This is the one!

Investor Tools

Property Icon
$205,000
Estimated Property Value
$101,429Estimated Mortgage Balance
$103,571Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$217,803
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$436/month
$439/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,210
$189,095
2025
$12,650
$176,445
$189,095
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,210
$189,095

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sirva Mortgage Inc
Conventional
$114,400
No
First
Jul 23, 2020
Aug 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$101,429
$103,571
50%
49%
$686/mo

City: Conroe

15575 Marina Drive 320A | Property Details | No Agent List