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$215,000

217 Kellyn Ct, Conroe, TX, 77306

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,668 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$128.9 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size7,414 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6321-00-05000
Lot Number4
SubdivisionKellyn Oaks 01
Land UseResidential
Legal DescriptionKELLYN OAKS 01, BLOCK 4, LOT 4
Census Tract693001
Assessed Land Value$42,500
Assessed Improvement Value$187,348
Assessment Year2025

About this property

INVESTOR OPPORTUNITY with IMMEDIATE INCOME! This 4 bedroom, 2 bath home in the private gated community of Kellyn Oaks offers an excellent opportunity for investors or buyers seeking a property with built-in rental income. With 1,668 sq ft of living space and a tenant secured through the end of May 2027, you can enjoy dependable rental income from day one. The home offers a functional layout with plenty of room for comfortable living, while the community provides added privacy and a LOW HOA. Whether you're expanding your investment portfolio or looking for a property that generates income while you plan your next move, this is an opportunity worth exploring!

Investor Tools

$114,307Estimated Mortgage Balance
$115,541Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,379 /month
Positive
Cash Flow Estimate:
$460 /month

Interested in this property?

Evan Ballew

Top Guns Realty on Lake Conroe

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$398/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,631
$229,848
2025
$42,500
$187,348
$229,848
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,631
$229,848

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Veterans United Home Loans
Va
$142,037
Yes
First
Apr 7, 2017
May 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$114,307
$115,541
50%
50%
$852/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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