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$406,000

NAL Estimated Property Value

2508 Franklin Woods Dr, Conroe, TX, 77304

$426,984 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,287 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$88.23 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Refrigerator, Microwave, Gas Cooktop, Electric Oven, ENERGY STAR Qualified Appliances
FlooringCarpet, Laminate, Tile, Wood

Exterior

Lot Size10,168 sqft

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces2

Land Information

APN5393-05-00501
Lot Number5
SubdivisionGraystone Hills 05
Land UseResidential Single Family
Legal DescriptionS539305 - GRAYSTONE HILLS 05, BLOCK 1, LOT 5 - UDI: 50.000000%
Census Tract693702
Assessed Land Value$33,862
Assessed Improvement Value$194,282
Assessment Year2025

About this property

Look no more! You'll fall in love with this stunning two story Lennar home nestled in sought after Graystone Hills neighborhood w lots of amenities at your fingertips! Light & bright with open floor plan this 2 story home features soaring ceilings, master down, private front office space, wood flooring, crown molding, floor to ceiling windows, plantation shutters, and spacious living w fireplace. Large eat in chef's dream kitchen boasts stainless 4 burner gas stove, granite counters, island & ample cabinetry for storage & prep. Enjoy walks through this master planned neighborhood, conveniently located just blocks from neighborhood Pre-K - 8th grade school, 5 min from shopping & quick access to Interstate 45 w a short 10-15 minute drive to The Woodlands. This is a must see! Did not flood! Brand new roof as of March 2019!

Investor Tools

Property Icon
$406,000
Estimated Property Value
$0Estimated Mortgage Balance
$406,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$426,984
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,436 /month
Positive
Cash Flow Estimate:
$812 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$629/month
$785/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,517
$228,144
2025
$33,862
$194,282
$228,144
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,517
$228,144

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$441,000
100%
0%
$0/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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2508 Franklin Woods Dr | Property Details | No Agent List