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$675,000

16892 Payne Rd, Conroe, TX, 77302

PendingInfo
Beds2 Beds
Baths2 Bath
Baths1,578 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$427.76 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Water Softener, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size2 acres

Building Information

Year Built1993
Stories1
Roof Type105
Garage Spaces4

Land Information

APN0739-00-00800
SubdivisionGoss W L
Land UseResidential
Legal DescriptionA0739 - GOSS W L, TRACT 8, 13-A, 14-A, ACRES 2
Census Tract692201
Assessed Land Value$60,000
Assessed Improvement Value$155,808
Assessment Year2025

About this property

This versatile country property over 15 acres in total features 13 acres of fenced pasture land, pond, barn, camper storage, workshop space, offering endless opportunities for livestock, homesteading, recreation, business use, or future development. Conveniently located in Conroe adjacent to Artavia, near SH 242, I-45, and The Woodlands, this rare property also includes a charming 1-family owned custom cottage home designed as a replica of a 1920s home and built in the 1990s, full of timeless character and charm. Separate guest house/quarters creates ideal flexibility for multigenerational living, guests, rental income, or office space. Whether you envision a family compound, private retreat, event/wedding venue, or working ranch setup, this property is packed with potential. Ask about the adjacent 4 acres also for sale.

Investor Tools

$0Estimated Mortgage Balance
$232,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,050 /month
Positive
Cash Flow Estimate:
$1,350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$351/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,051
$215,808
2025
$60,000
$155,808
$215,808
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,051
$215,808

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$232,000
100%
0%
$0/mo

City: Conroe

16892 Payne Rd | Property Details | No Agent List