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$388,000

NAL Estimated Property Value

535 Chestnut Reef Ct, Conroe, TX, 77304

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,931 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$205.59 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Convection Oven, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size5,709 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces2

Land Information

APN5375-19-02400
Lot Number24
SubdivisionGrand Central Park 19
Land UseResidential
Legal DescriptionS537519 - GRAND CENTRAL PARK 19, BLOCK 1, LOT 24
Census Tract693304
Assessed Land Value$58,000
Assessed Improvement Value$313,949
Assessment Year2025

About this property

Nestled within the master-planned community of Grand Central Park, this highly sought-after Highland Homes "Preston" plan blends sophistication with functionality. Brushed with style, boasting 8' doors, soaring 11' ceilings, luxury vinyl plank flooring, and designer finishes that elevate every space. The gourmet kitchen features stunning Quartz counters, SS appl., and a generous island. A built-in butler’s pantry adds charm and convenience to the beautifully appointed dining room. Spacious family room, and the lifestyle room offers versatile space to meet your needs. Private primary retreat features a bay window, spa-inspired ensuite bath, double vanities, a freestanding tub, and a walk-in shower. Secondary bedrooms include walk-in closets and thoughtful design. Step outside to a covered patio and plenty of green space. Exceptional community amenities and zoned to top-rated Conroe ISD schools. Schedule a tour to find your dream home & experience the lifestyle you've been searching for.

Investor Tools

Property Icon
$388,000
Estimated Property Value
$140,839Estimated Mortgage Balance
$247,161Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,382 /month
Positive
Cash Flow Estimate:
$794 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$869/month
$1,180/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,482
$371,949
2025
$58,000
$313,949
$371,949
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,482
$371,949

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Success Mortgage Partners Inc
Conventional
$142,500
No
First
Sep 4, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$140,839
$249,161
63%
36%
$855/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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535 Chestnut Reef Ct | Property Details | No Agent List