2view

Owner Contacts

$381,608

NAL Estimated Property Value

15771 Magnolia Park, Conroe, TX, 77306

Off Market

3 Beds

2 Bath

1,120 Sq Ft

$290.18 / sqft

Built in 1964

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

Exterior

Lot Size9 acres

Building Information

Year Built1964

Stories1

Roof Type105

Garage Spaces4

Land Information

APN9220-03-90401

Lot Number13

SubdivisionTanglewilde Farms 03

Land UseResidential

Legal DescriptionS922003 - TANGLEWILDE FARMS 03, BLOCK 3, LOT 13, ACRES 9, PROPERTY LOCATED IN SECTION 1 TANGLEWILDE

Census Tract693002

Assessed Land Value$236,250

Assessed Improvement Value$145,358

Assessment Year2025

About this property

DRIVE BY ONLY, PLEASE DO NOT DISTURB OCCUPANT. Prepare to be impressed by this DELIGHTFUL 9 acres in Conroe, TX! Build your dream home on an unrestricted tract of land with endless possibilities. Please take a moment to drive down this street and view some of the beautiful newly built large country homes. You will be amazed at how picturesque some of them are. If you are dreaming of growing your own vegetables and planting fruit trees? What about having privacy, peace, and quiet away from other neighbors. Get away from the hustle and bustle of the city and introduce serene country living. All the while being accessible to the Grand Parkway, Interstate 45, and The Woodlands! Nearby attractions include the The Lone Star Monument & Historical Flag Park. There is a pre-existing home; however, sold "as-is", "where is". It does need a complete remodel. Buyer to confirm all measurements. Showing of home will only occur after an accepted contract is executed.

Investor Tools

$381,608

Estimated Property Value

$0Estimated Mortgage Balance

$381,608Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,290 /month

Positive

Cash Flow Estimate:

$763 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$602/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,321

$381,608

2025

$236,250

$145,358

$381,608

Tax History

Year

Tax Paid

Assessed Value

2024

$5,321

$381,608

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$381,608

100%

$0/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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