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$470,000

NAL Estimated Property Value

27241 Wells Lane, Conroe, TX, 77385

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths2,744 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.1 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size10,593 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces1

Land Information

APN7640-08-18180
Lot Number18
SubdivisionOak Ridge North 08
Land UseResidential
Legal DescriptionOAK RIDGE NORTH 08, BLOCK 18, LOT 18
Census Tract691802
Assessed Land Value$58,000
Assessed Improvement Value$249,789
Assessment Year2025

About this property

Beautifully updated property featuring a 4-bedroom, 2.5-bath main home plus a fully equipped 1-bedroom, 1-bath garage apartment with separate entrance. The main home offers new LVP flooring, renovated bathrooms, vaulted ceilings with skylights, a private office, and an open-concept layout connecting the living, dining, and kitchen with breakfast nook. The spacious primary suite includes dual closets and a spa-like bath, with generous secondary bedrooms and ample storage throughout. Enjoy outdoor living with a private pool and spa, covered pergola, and additional workshop/storage space. Ideal for owner-occupants seeking flexibility or investors looking for multiple income opportunities.

Investor Tools

Property Icon
$470,000
Estimated Property Value
$348,415Estimated Mortgage Balance
$121,585Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$688/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,904
$307,789
2025
$58,000
$249,789
$307,789
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,904
$307,789

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
A&D Mortgage Llc
Conventional
$352,000
No
First
Nov 13, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$348,415
$121,585
25%
74%
$2,111/mo

City: Conroe

27241 Wells Lane | Property Details | No Agent List