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$223,000

NAL Estimated Property Value

2129 Cedar Way Drive, Conroe, TX, 77301

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,309 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.71 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Microwave, Gas Range, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size5,733 sqft

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces2

Land Information

APN5781-00-01900
Lot Number19
SubdivisionHidden Creek
Land UseResidential
Legal DescriptionS578100 - HIDDEN CREEK PRESERVE 01, BLOCK 1, LOT 19
Census Tract693102
Assessed Land Value$50,000
Assessed Improvement Value$162,943
Assessment Year2025

About this property

Very charming and BRAND NEW 3 bedroom, 2 bathroom home with TONS of upgrades! Throughout this home you will find a great combination of gorgeous gray tones in the luxury vinyl plank flooring, plush carpeting and designer paint. The gourmet inspired island kitchen features upgraded white 42" cabinets, gorgeous "bala white" granite countertops with glass mosaic backsplash & stainless Whirlpool® appliances. The primary "en-suite" features upgraded double sinks and a nice walk-in closet. Outside you will find lush landscaping in front, front & rear sod and a relaxing covered rear patio. Great location, convenient to Lake Conroe & excellent dining/shopping in The Woodlands! All of this wrapped up in an extremely energy efficient package and zoned to highly rated Conroe ISD. *Images are representative images, for reference only*. This beauty is under construction and estimated to be completed in April.

Investor Tools

Property Icon
$223,000
Estimated Property Value
$173,696Estimated Mortgage Balance
$49,304Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,338 /month
Positive
Cash Flow Estimate:
$446 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$561/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,621
$212,943
2025
$50,000
$162,943
$212,943
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,621
$212,943

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Fha
$192,414
Yes
First
Apr 15, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,696
$49,304
22%
78%
$1,154/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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2129 Cedar Way Drive | Property Details | No Agent List