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$3,500

199 Waterpoint Ct Unit 405, Conroe, TX, 77356

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,348 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$2.6 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Electric Cooktop, Electric Range, Dryer, Washer/Dryer Stacked, Washer

Exterior

Private PoolPrivate Pool
Lot Size1,599 sqft

Building Information

Year Built2017
Stories1
Roof Type112
Garage Spaces2

Land Information

APN8761-00-04700
SubdivisionShoreline On Lake Conroe Condominiums
Land UseResidential
Legal DescriptionS876100 - SHORELINE ON LAKE CONROE CONDOMINIUMS, FLOOR 4 UNIT 405
Census Tract694307
Assessed Land Value$47,970
Assessed Improvement Value$377,677
Assessment Year2025

About this property

Luxury waterfront living at its finest! Nestled on the shores of Lake Conroe in the Waterpoint community, this 2 bedroom / 2 bath condo offers spectacular waterfront views. Resort-level amenities include two stunning pools, a hot tub, grilling stations, firepits, tropical landscaping, private gated entry, two elevators, a parking garage, PELLA windows, Bosch appliances, quartz countertops, custom cabinetry, free sunsets, and high-end finishes throughout! The complex is also gated. Stroll along the half-mile boardwalk along the shore with a 1st Class Marina, multiple lakeside dining options, Starbucks, salons, retail shopping, and more. Conveniently located only 20 minutes from The Woodlands and less than an hour from Houston. This exceptional property is leased fully furnished.

Investor Tools

$352,061Estimated Mortgage Balance
$115,939Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,808 /month
Positive
Cash Flow Estimate:
$936 /month

Interested in this property?

Sean Minor

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,105/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,921
$425,647
2025
$47,970
$377,677
$425,647
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,921
$425,647

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Austin National Bank
Building Or Construction Loan
$387,000
No
First
Oct 27, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$352,061
$115,939
24%
75%
$2,321/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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199 Waterpoint Ct Unit 405 | Property Details | No Agent List