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$209,000

NAL Estimated Property Value

3946 Mark Ln, Conroe, TX, 77303

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,140 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.14 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating ElectricHeating Electric

Exterior

Lot Size29,185 sqft

Building Information

Year Built1985
Stories1
Roof Type112
Garage Spaces2

Land Information

APN7498-02-03000
Lot Number30
SubdivisionOak Forest Estates
Land UseResidential
Legal DescriptionOAK FOREST ESTATES 02, LOT 30, ACRES 0.670
Census Tract694002
Assessed Land Value$13,400
Assessed Improvement Value$113,769
Assessment Year2025

About this property

Located at 3946 Mark Ln in Conroe, Texas, this unique property sits on a spacious corner lot, totaling approximately 1.34 acres across two parcels. Featuring a 1,140-square-foot home built in 1985, this property also includes a large 30x40 metal shop and a carport, making it an excellent choice for homeowners looking for space to spread out. The property’s large metal shop is perfect for a workshop, hobby space, or business operations, while the covered carport offers protection for vehicles. Whether you're looking for a personal residence with extra land, a home-based business setup, or an investment opportunity, this property has plenty of potential. With its convenient location in Conroe, you'll have easy access to local amenities, schools, and major roadways, all within a rapidly growing community.

Investor Tools

Property Icon
$209,000
Estimated Property Value
$198,934Estimated Mortgage Balance
$10,066Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$108/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$250
$113,208
2025
$13,400
$113,769
$127,169
No

Tax History

Year
Tax Paid
Assessed Value
2024
$250
$113,208

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$202,500
No
First
May 7, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,934
$14,066
6%
95%
$1,215/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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3946 Mark Ln | Property Details | No Agent List