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$324,000

NAL Estimated Property Value

3 Lancelot Ln, Conroe, TX, 77304

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,140 Sq Ft
price_per_sqft$158.88 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Double Oven, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size7,200 sqft

Building Information

Year Built1978
Stories2
Roof Type105
Garage Spaces2

Land Information

APN8345-00-22200
Lot Number26
SubdivisionRivershire 01
Land UseResidential
Legal DescriptionRIVERSHIRE 01, BLOCK 8, LOT 26
Census Tract693303
Assessed Land Value$36,000
Assessed Improvement Value$274,647
Assessment Year2025

About this property

Come check out this beautiful 2 story property in Conroe, TX that is located in a well established quite neighborhood. This 4 bedroom, 2 1/2 bath home has plenty of space for your family and friends and has a beautiful pool in the backyard just waiting for a family to enjoy. The home is great for entertaining in the house and outside. The kitchen has new cabinets, new quartz countertops, new pex plumbing, new paint inside and out, new roof, new pool pump and filters, recess lighting throughout, shower glass doors and tile, brand new appliances and so much more. Come out to view this property in person as this house will not last! 1 mile from 45 North. 20 minutes to Lake Conroe close to The Woodlands Mall and Houston Methodist and St.Lukes hospital along with Texas Children’s hospital. Great schools in Conroe ISD. You could be swimming in this beautiful pool before you know it!

Investor Tools

Property Icon
$324,000
Estimated Property Value
$302,530Estimated Mortgage Balance
$21,470Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$241/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,273
$310,647
2025
$36,000
$274,647
$310,647
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,273
$310,647

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$310,337
Yes
First
Dec 16, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$302,530
$30,470
9%
93%
$1,861/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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