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$575,000

NAL Estimated Property Value

587 Melmont St, Conroe, TX, 77302

Recently SoldInfo
8/04/26
Beds5 Beds
Baths4 Bath
Baths3,945 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.73 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size31,162 sqft

Building Information

Year Built1979
Stories2
Roof Type105
Garage Spaces3

Land Information

APN8320-08-15010
Lot Number150-B
SubdivisionRiver Plantation 08
Land UseResidential
Legal DescriptionS832008 - RIVER PLANTATION 08, LOT 150-B, 151, 152
Census Tract693202
Assessed Land Value$34,278
Assessed Improvement Value$496,180
Assessment Year2025

About this property

Spanning almost three-quarters of an acre across three combined lots, this River Plantation property combines indoor and outdoor living with convenient access to I-45 and The Woodlands. With approximately 4,270 square feet, the home features five bedrooms, three full bathrooms, and one half bath with a flexible layout. The main level includes two bedrooms, two full baths, multiple living areas, and formal and informal dining spaces. Upstairs offers three additional bedrooms, a full bath, and a spacious flex room ideal for game room, media room, home office, or additional living space. The backyard features a heated pool, mature landscaping, and private sauna. Additional features include a three-car garage with built-in dog wash, whole-home Pelican water filtration system, and walk-up Texas basement with plumbing for future expansion. Situated on a quiet corner lot, high and dry and never flooded, with access to shopping, dining, and amenities throughout Conroe and The Woodlands.

Investor Tools

Property Icon
$575,000
Estimated Property Value
$235,120Estimated Mortgage Balance
$340,347Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$834/month
$271/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,134
$530,458
2025
$34,278
$496,180
$530,458
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,134
$530,458

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$262,000
No
First
Mar 4, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,120
$353,880
60%
41%
$1,571/mo

City: Conroe

587 Melmont St | Property Details | No Agent List