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$653,743

NAL Estimated Property Value

40 Lake Drive, Conroe, TX, 77384

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,753 Sq Ft
price_per_sqft$227.03 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListHigh Equity

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
AppliancesDisposal, Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Slate, Vinyl

Exterior

Lot Size1.21 acres

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces3

Land Information

APN6613-00-27100
Lot Number27
SubdivisionLake Creek
Land UseResidential
Legal DescriptionLAKE CREEK FOREST 01, BLOCK 5, LOT 27, ACRES 1.210
Census Tract690502
Assessed Land Value$161,777
Assessed Improvement Value$491,966
Assessment Year2025

About this property

Beautiful custom 1-story home on a wooded 1.21-acre corner lot with a split floor plan and high ceilings, crown molding, and art niches. Tall windows bring in natural light and overlook the treed backyard and covered patio. Hardwood floors in main living areas, carpet in bedrooms, and slate/tile throughout. Spacious primary suite with jetted tub, separate shower, and two walk-in closets. Gourmet kitchen features 42-inch cabinets, granite counters, under-cabinet lighting, island, and refrigerator included. Guest bedroom with private bath plus two bedrooms with Hollywood bath. Built-ins in the den. Zoned A/C and heat, double-pane windows, and whole-home generator. Oversized 3-car garage. Deed-restricted community with low tax rate and no MUD tax. Minutes to shopping, The Woodlands, and Conroe ISD schools. No Harvey flooding.

Investor Tools

Property Icon
$653,743
Estimated Property Value
$0Estimated Mortgage Balance
$653,743Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,922 /month
Positive
Cash Flow Estimate:
$1,307 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$481/month
$372/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,502
$653,743
2025
$161,777
$491,966
$653,743
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,502
$653,743

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$653,743
100%
0%
$0/mo

City: Conroe

40 Lake Drive | Property Details | No Agent List