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$395,000

371 Conroe Cir, Argyle, TX, 76226

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,708 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$221.9 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringTile

Exterior

Exterior FeaturesFire Pit, Rain Gutters
Lot Size6,970 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR259035
Lot Number49
SubdivisionMagnolia Addition Ph B
Land UseResidential
Legal DescriptionMAGNOLIA ADDITION PH B BLK 29A LOT 49
Census Tract021754
Assessed Land Value$110,975
Assessed Improvement Value$249,025
Assessment Year2025

About this property

VA Assumable Loan with 3.5% interest rate. Discover this beautifully designed one-story home, featuring an inviting elevation with a cozy front porch, nestled on a desirable cul-de-sac lot in Lantana. Open-concept layout where the large kitchen seamlessly flows into the spacious family room, complete with surround sound, a gas fireplace, and elegant wood-look tile flooring throughout. The primary suite offers a serene retreat with a garden tub, separate shower, and a generous walk-in closet. Two additional bedrooms, a dedicated home office, a formal dining room, and a separate utility room provide both functionality and style. Enjoy a spacious backyard, perfect for entertaining and relaxation. Plus, the HOA covers front yard maintenance, allowing you to take advantage of Lantana’s exceptional amenities, including five resort-style pools, two state-of-the-art fitness centers, pickleball court, tennis and basketball courts, scenic lakes, playgrounds, and miles of hiking and biking trails. This home offers the perfect blend of comfort, convenience, and community—don’t miss your chance to make it yours! Roof will be replaced once under contract.

Investor Tools

Property Icon
$395,000
Estimated Property Value
$233,923Estimated Mortgage Balance
$208,712Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$713/month
$131/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,582
$360,000
2025
$110,975
$249,025
$360,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,582
$360,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Va
$233,923
Yes
First
Sep 6, 2016
Oct 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,288
$208,712
52%
47%
$1,403/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$1,534/mo
+$1,426/mo
9.0%

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: Argyle

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371 Conroe Cir | Property Details | No Agent List