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$312,000

NAL Estimated Property Value

533 Robert E Lee Dr, Conroe, TX, 77302

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,336 Sq Ft
price_per_sqft$74.87 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Oven
FlooringCarpet, Tile

Exterior

Lot Size12,060 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APN8320-03-05100
Lot Number51
SubdivisionRiver Plantation 03
Land UseResidential
Legal DescriptionRIVER PLANTATION 03, LOT 51
Census Tract693202
Assessed Land Value$15,829
Assessed Improvement Value$250,227
Assessment Year2025

About this property

You have got to see this home! Spacious living room with fireplace and formal dining room with a glorious wall of windows looking out onto the fairway. Enjoy front circular drive, covered back patio, and oversized garage with side garage for golf cart. The large, open kitchen features granite countertops, subway tile backsplash, and a convenient breakfast bar. Bedrooms are spacious and offer abundant natural light. The home was re-piped with Pex water system in June 2016 by previous owner and has been completely rewired with copper wire. Neighborhood is wooded and offers tennis courts, basketball, pool, and clubhouse, with ease of access to shopping, medical, sports, and entertainment.

Investor Tools

Property Icon
$312,000
Estimated Property Value
$195,196Estimated Mortgage Balance
$116,804Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,872 /month
Positive
Cash Flow Estimate:
$624 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$485/month
$203/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,262
$266,056
2025
$15,829
$250,227
$266,056
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,262
$266,056

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Waterstone Mortgage Corp
Fha
$174,677
Yes
First
May 21, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,196
$104,804
34%
63%
$1,311/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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533 Robert E Lee Dr | Property Details | No Agent List