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$398,000

NAL Estimated Property Value

2461 Ripplewood Drive, Conroe, TX, 77384

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,656 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.97 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Gas Range, Gas Oven
FlooringTile, Wood

Exterior

Lot Size20,000 sqft

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3370-00-19300
Lot Number10
SubdivisionCarriage Hills 01
Land UseResidential
Legal DescriptionCARRIAGE HILLS 01, BLOCK 2, LOT 10
Census Tract690503
Assessed Land Value$70,000
Assessed Improvement Value$294,211
Assessment Year2025

About this property

Lovely 3/2/2 split floor plan home located in the sought after Carriage Hills! This home features wood and tile flooring throughout the home. The common areas are illuminated by the large windows that grace the entire home! The large living room feature a cozy fireplace. The kitchen boasts quartz counter tops, stainless steel appliances, a breakfast bar, and a pantry with added drawers for optimal organization! The utility room allows access to the garage and a space large enough for a spare refrigerator or storage. The spacious master bathroom features a large shower, double sinks, and a separate tub. The master bathroom houses two walk-in closets. The large, fully fenced backyard is fully fenced and includes a shed and a pergola. Minutes from FM 1488 and I-45. Home has been freshly painted within the last 2 years! Close to dining, shopping, and entertainment. Zoned to OUTSTANDING schools!

Investor Tools

Property Icon
$398,000
Estimated Property Value
$222,098Estimated Mortgage Balance
$175,902Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,388 /month
Positive
Cash Flow Estimate:
$796 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$503/month
$189/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,050
$364,211
2025
$70,000
$294,211
$364,211
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,050
$364,211

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$247,000
No
First
Feb 20, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,098
$175,902
44%
56%
$1,481/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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2461 Ripplewood Drive | Property Details | No Agent List