$315,000
NAL Estimated Property Value62 Drifting Shadows Ct, Conroe, TX, 77385
Off Market
Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesDisposal, Convection Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile
Exterior
Lot Size7,810 sqft
Building Information
Year Built2003
Stories1
Roof Type105
Garage Spaces2
Land Information
APN9701-07-01600
Lot Number16
SubdivisionWdlnds Harper's Lnd College Pk 07
Land UseResidential
Legal DescriptionWDLNDS HARPER'S LND COLLEGE PK 07, BLOCK 1, LOT 16
Census Tract692102
Assessed Land Value$50,000
Assessed Improvement Value$210,000
Assessment Year2025
About this property
Recently updated with brand-new carpet and fresh paint throughout, this beautiful 3-bedroom, 2-bath home is move-in ready. The property features a convenient sprinkler system and a newly installed electrical panel with a dedicated breaker—perfect for connecting a generator during power outages or adding a relaxing jacuzzi in the backyard. A wonderful blend of comfort, functionality, and potential for outdoor enjoyment. Enjoy the added benefit of nearby parks and walking trails throughout the neighborhood, perfect for outdoor activities and relaxation.
Investor Tools
$315,000
Estimated Property Value
$244,250Estimated Mortgage Balance
$70,750Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$257/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,514
$260,000
2025
$50,000
$210,000
$260,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,514
$260,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Finance Of America Reverse Llc
Reverse Mortgage / Hecm
$295,500
No
First
Jun 29, 2017
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,250
$70,750
22%
78%
$1,494/mo
