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Owner Contacts

$464,000

NAL Estimated Property Value

3 Panorama Dr, Conroe, TX, 77304

Off Market

5 Beds

5 Bath

3,366 Sq Ft

Single Family Residence

$121.51 / sqft

Built in 1970

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Gas Cooktop, Dishwasher

FlooringCarpet, Tile

Exterior

Lot Size1.26 acres

Building Information

Year Built1970

Stories2

Roof Type127

Garage Spaces8

Land Information

APN7720-00-00300

Lot Number1-A,2

SubdivisionPanorama-Green Briar 01

Land UseResidential

Legal DescriptionS772000 - PANORAMA-GREEN BRIAR 01, LOT 1-A, 2,3,4

Census Tract694208

Assessed Land Value$278,438

Assessed Improvement Value$169,562

Assessment Year2025

About this property

This listing highlights a spacious & versatile home perfect for anyone looking for extra space & amenities.The home features 5 bedrooms, with the primary suite located on the ground floor.A large game room at the back of the home offers flexible use as a kids' area, home office or a secondary living space.Garages: Includes a spacious attached 2 car/golf cart garage, plus a detached garage (appx 2000 s/f) has its own 1/2 bath, washer & dryer connection & plumbed for air compression system.Detached garage could also be used as home office (last bay currently used for that purpose).Recent Upgrades:New carpet & interior paint in 2024,Downstairs AC unit replaced in 2022,Upstairs AC unit replaced in 2021, Garage AC unit added in 2021, Ext paint refreshed in 2022, Water heater replaced in 2022.This home is an excellent option for those needing space, modern conveniences, & great location.Recent survey available and a recent appraisal completed. Lot 4 is available for purchase.

Investor Tools

$464,000

Estimated Property Value

$393,057Estimated Mortgage Balance

$70,943Estimated Equity

18% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

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Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,784 /month

Positive

Cash Flow Estimate:

$928 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$508/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,771

$448,000

2025

$278,438

$169,562

$448,000

Tax History

Year

Tax Paid

Assessed Value

2024

$3,771

$448,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Synergy One Lending

Conventional

$403,200

First

Dec 31, 2024

Jan 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$393,057

$89,943

18%

85%

$2,418/mo

Learn About the Market: Opportunity in Texas

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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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