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B+
NoAgentList RatingHow are grades calculated?Info
Days22Days on Market
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$242,000

48 April Point Drive S, Conroe, TX, 77356

$244,123 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,864 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$129.83 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesBalcony, Storage

Building Information

Year Built1978
Stories2
Roof Type127

Land Information

APN2147-00-04800
SubdivisionApril Point 01
Land UseResidential
Legal DescriptionS214700 - APRIL POINT 01, BLDG E UNIT 48
Census Tract694309
Assessed Land Value$15,000
Assessed Improvement Value$188,790
Assessment Year2025

About this property

Discover luxurious lakeside living in this impressive 3-bedroom, 2-bath condo, nestled in a premier guard gated community of April Sound on the southern shores of Lake Conroe. This second-floor unit boasts an open floor plan that seamlessly connects the living, dining, and kitchen areas, all featuring wood-look plank flooring and soaring ceilings. The home is highlighted by a spacious kitchen with granite countertops, breakfast bar, and stainless steel appliances, including a full-size washer and dryer. Two primary bedrooms, one on each level, offer flexible living options with large walk in closets. Extensive renovations over the years include a new AC unit, water heater, custom kitchen cabinetry, modern backsplash, updated bathrooms with new tiles and vanities, premium flooring throughout, contemporary lighting fixtures, ceiling fans, and fresh paint. Two reserved parking spaces (one covered). Balcony directly adjacent to the community pool, and a short walk to the lake.

Investor Tools

$104,418Estimated Mortgage Balance
$136,582Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$244,122
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,452 /month
Positive
Cash Flow Estimate:
$484 /month

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David Edgerton

All City Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$461/month
$370/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,325
$203,790
2025
$15,000
$188,790
$203,790
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,325
$203,790

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Flagstar Bank Fsb
Conventional
$115,000
No
First
Aug 23, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$104,418
$136,582
56%
43%
$690/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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48 April Point Drive S | Property Details | No Agent List