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$410,000

1823 Faldo Drive, Conroe, TX, 77304

Under ContractInfo
Beds3 Beds
Baths4 Bath
Baths2,606 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.33 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Double Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesSide Yard
Lot Size10,145 sqft

Building Information

Year Built2017
Stories2
Roof Type105
Garage Spaces2

Land Information

APN9543-02-00600
Lot Number6
SubdivisionWedgewood Falls 02
Land UseResidential
Legal DescriptionS954302 - WEDGEWOOD FALLS 02, BLOCK 1, LOT 6
Census Tract693703
Assessed Land Value$45,731
Assessed Improvement Value$301,963
Assessment Year2025

About this property

Welcome to this beautiful 2-story home located in Wedgewood Falls community of Conroe, Texas. Offering 3 bedrooms, 3.5 bathrooms, 2-car garage, this property combines comfort, style, and convenience in an exceptional location. Step outside to your own private backyard retreat featuring a custom swimming pool, lush landscaping, and a fully privacy-fenced St Augustine yard—perfect for relaxing, entertaining, or enjoying the Texas sunshine. Inside generous living spaces, comfortable bedrooms, and plenty of room for family and guests. Ideally located near shopping, dining, and entertainment, this home also offers close proximity to Lake Conroe, where you can enjoy boating, fishing, waterfront restaurants, and outdoor recreation. This rare combination of a premium cul-de-sac location, custom pool, privacy, and convenient access to local amenities makes this home a must-see. Schedule your private tour today and experience everything this exceptional Wedgewood Falls property has to offer.

Investor Tools

$280,649Estimated Mortgage Balance
$67,045Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,460 /month
Positive
Cash Flow Estimate:
$820 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$792/month
$665/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,771
$347,694
2025
$45,731
$301,963
$347,694
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,771
$347,694

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Fha
$307,330
Yes
First
Nov 12, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$280,649
$67,045
19%
81%
$1,843/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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1823 Faldo Drive | Property Details | No Agent List