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$509,000

1840 Leela Springs Dr, Conroe, TX, 77304

$569,430 ARVInfo
On MarketInfo
Beds6 Beds
Baths4 Bath
Baths4,470 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.87 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Microwave, Gas Cooktop, Gas Range

Exterior

Lot Size10,905 sqft

Building Information

Year Built2011
Stories2
Roof Type105
Garage Spaces2

Land Information

APN5393-10-03500
Lot Number18
SubdivisionGraystone Hills 10
Land UseResidential
Legal DescriptionS539310 - GRAYSTONE HILLS 10, BLOCK 2, LOT 18
Census Tract693702
Assessed Land Value$68,109
Assessed Improvement Value$605,926
Assessment Year2025

About this property

This beautifully updated oversized home offers room to grow, relax, and entertain. Fresh interior paint, brand-new flooring, and plush carpeting give the entire space a modern, refreshed feel. The open-concept kitchen features granite countertops and a butler’s pantry perfect for everyday living and hosting guests. Soaring ceilings enhance the spacious living area, and a dedicated office plus a media room with a wet bar provide the flexibility and fun you’re looking for. Step out to a covered patio and take in the generous outdoor space, ideal for relaxing or entertaining. Conveniently located with quick access to I-45, this is more than just a home it’s a lifestyle. Come see it for yourself!

Investor Tools

Property Icon
$667,425
Estimated Property Value
$454,000Estimated Mortgage Balance
$222,783Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$569,429
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,005 /month
Positive
Cash Flow Estimate:
$1,335 /month

Interested in this property?

Clinton Omiwade

Legacy Living Real Estate LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,288/month
$845/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,116
$667,425
2025
$68,109
$605,926
$674,035
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,116
$667,425

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Schumer Yarbrough Development Llc
Purchase Money Mortgage
$454,000
No
First
Mar 24, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$444,642
$222,783
33%
67%
$2,722/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.

Explore Texas Explore This Area
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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1840 Leela Springs Dr | Property Details | No Agent List