0Days on Market

4view

$445,000

318 Shawnee Dr, Conroe, TX, 77316

On Market

Just Added

3 Beds

3 Bath

2,103 Sq Ft

Single Family Residence

$211.6 / sqft

Built in 2009

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher

FlooringTile

Exterior

Exterior FeaturesSide Yard

Lot Size27,915 sqft

Building Information

Year Built2009

Stories1

Roof Type105

Garage Spaces2

Land Information

APN6585-03-12600

Lot Number4,5,6

SubdivisionLake Conroe Forest

Land UseResidential

Legal DescriptionS658503 - LAKE CONROE FOREST, BLOCK 67, LOT 4, 5, 6

Census Tract694402

Assessed Land Value$83,745

Assessed Improvement Value$313,605

Assessment Year2025

About this property

Charming Custom-Built Home w/3 BEDS 3 BATHS PLUS 2 car Garage in Lake Conroe Forest! This adorable custom-built home is located in a HUGE corner lot plus the next lot. It offers a layout that truly lives well, where open-concept living meets everyday functionality and invites connection, with a seamless flow between the kitchen, dining & living spaces, ideal for hosting or simply enjoying daily life. On the private primary suite serves as a quiet retreat, complete w/granite countertop & dedicated vanity space+expansive walk-in closet. Two secundary sized bedrooms w/walk in closets along w/ bathrooms and natural light. A great kitchen with plenty of cabinets, island kitchen with granite counter tops. Beyond the home, enjoy a community designed for both relaxation & recreation, featuring a stocked lake, neighborhood park & direct access to the beauty of Lake Conroe. Highly acclaimed Montgomery ISD & Bonus of a low tax rate & low HOA, this is the kind of opportunity that checks every box

Investor Tools

$3,469Estimated Mortgage Balance

$393,881Estimated Equity

99% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,670 /month

Positive

Cash Flow Estimate:

$890 /month

Interested in this property?

Claudia Arias

Executive Texas Realty

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$310/month

$150/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,731

$397,350

2025

$83,745

$313,605

$397,350

Tax History

Year

Tax Paid

Assessed Value

2025

$1,731

$397,350

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Alpha M Vaughn

Unknown

$5,000

First

Mar 28, 2013

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$3,469

$393,881

99%

$30/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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