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$1,550,000

NAL Estimated Property Value

2 Lake Drive, Conroe, TX, 77384

Off MarketInfo
Beds7 Beds
Baths8 Bath
Baths6,110 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$253.68 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 7Bedrooms 7
Bathrooms Full 6Bathrooms Full 6
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Ice Maker, Convection Oven, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Lot Size40,075 sqft

Building Information

Year Built2022
Stories2
Roof Type105
Garage Spaces5

Land Information

APN6613-00-19700
Lot Number27
SubdivisionLake Creek
Land UseResidential
Legal DescriptionS661300 - LAKE CREEK FOREST 01, BLOCK 3, LOT 27, ACRES 0.92
Census Tract690502
Assessed Land Value$123,004
Assessed Improvement Value$1,426,996
Assessment Year2025

About this property

Immerse yourself in this luxurious home amidst the natural beauty of nearly one acre of pristine wooded land! This sophisticated yet comfortable new construction home boasts clean lines, high-end finishes and light-filled rooms! The foyer, study and family room enjoy soaring two-story ceilings with walls of windows. Friends will gather in the magazine-worthy kitchen that seamlessly flows into the family room. Entertaining continues in the fully equipped bar, first floor game room and home theater! Retreat to the first floor primary suite and feel like you’re going to an elite spa every time you step into the gorgeous bathroom. Linger on the covered back patio with stained wood ceiling, ceiling fan and fireplace. A four-car garage is the cherry on top! You’ll enjoy the low tax rate, The Woodlands schools and close proximity to shopping, restaurants and Lake Conroe! Indulge your senses by touring today and don’t forget to find the two hidden rooms plus finished Texas basement!

Investor Tools

Property Icon
$1,550,000
Estimated Property Value
$867,656Estimated Mortgage Balance
$682,344Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,300 /month
Positive
Cash Flow Estimate:
$3,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,962/month
$264/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$27,788
$1,550,000
2025
$123,004
$1,426,996
$1,550,000
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$27,788
$1,550,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Affinity Llc
Conventional
$900,000
No
First
May 24, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$867,656
$682,344
44%
56%
$5,396/mo

City: Conroe

2 Lake Drive | Property Details | No Agent List