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$482,000

NAL Estimated Property Value

1824 Leela Springs Dr, Conroe, TX, 77304

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,300 Sq Ft
price_per_sqft$127.27 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Convection Oven, Double Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size9,183 sqft

Building Information

Year Built2014
Stories2
Roof Type105
Garage Spaces2

Land Information

APN5393-10-03800
Lot Number21
SubdivisionGraystone Hills 10
Land UseResidential
Legal DescriptionS539310 - GRAYSTONE HILLS 10, BLOCK 2, LOT 21
Census Tract693702
Assessed Land Value$65,934
Assessed Improvement Value$413,805
Assessment Year2025

About this property

This 4 bedroom, 3 full bath PLUS 1/2 bath ends your home search! Welcoming wood floors introduce wrought iron balusters, granite countertops, stainless steel appliances, soaring stone gas log fireplace, and roomy study. The hub of any home, the kitchen, has custom cabinets, double built-in ovens, a butler pantry, and an open view into the living room allows for easy access for casual dining in the breakfast nook, formal dining room, or the covered back porch. The back patio now extends into the large backyard, with no rear neighbors. The primary suite completes the first floor with a jacuzzi tub, separate shower, and dual vanities. Upstairs, find a large game room, en-suite bedroom, Hollywood bath between the remaining secondary bedrooms, and walk-in attic access. Additional features included a water softener, tankless water heater, wood insulated garage doors for the oversized three-bay garage.

Investor Tools

Property Icon
$482,000
Estimated Property Value
$287,985Estimated Mortgage Balance
$194,015Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,892 /month
Positive
Cash Flow Estimate:
$964 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$986/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,420
$479,739
2025
$65,934
$413,805
$479,739
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,420
$479,739

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$318,400
No
First
May 4, 2021
Jun 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,985
$198,015
40%
60%
$1,909/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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1824 Leela Springs Dr | Property Details | No Agent List