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$217,000

NAL Estimated Property Value

402 Shirlington Road, Conroe, TX, 77316

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,056 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.25 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,750 sqft

Building Information

Year Built1983
Stories1
Roof Type105

Land Information

APN6585-03-99209
Lot Number11
SubdivisionLake Conroe Forest
Land UseResidential
Legal DescriptionS658503 - LAKE CONROE FOREST, BLOCK 75, LOT 11
Census Tract694402
Assessed Land Value$20,250
Assessed Improvement Value$137,618
Assessment Year2025

About this property

Beautiful and fully renovated property in the heart of Montgomery, only a few minutes (walking and car distance) from Lake Conroe and Waterpoint Marina, one of the most popular and renown junctions of Restaurants and shopping Center. This modern 3 bedroom property is surrounded by tall trees and tropical plants, allowing you to enjoy a peaceful and relaxing morning or evening on your own swing at the front porch or out on your back covered patio. The spacious living and breakfast area next to the designer-look kitchen, are brightened by the side by side glass doors to the patio and the large window overlooking the front porch. Each room has a modern and remote control operated fan with windows overseeing the exterior. Are you a Lake lover and enjoy modern and contemporary style? Then this is for you! 2 Minutes (in car) from SH-105 and 3-5 minutes from the most renown restaurants of Lake Conroe!

Investor Tools

Property Icon
$217,000
Estimated Property Value
$160,707Estimated Mortgage Balance
$56,293Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,302 /month
Positive
Cash Flow Estimate:
$434 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$364/month
$125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,280
$157,868
2025
$20,250
$137,618
$157,868
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,280
$157,868

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$162,993
Yes
First
Apr 12, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$160,707
$56,293
25%
74%
$1,065/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.

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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: Conroe

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402 Shirlington Road | Property Details | No Agent List