$288,091
NAL Estimated Property Value775 Gandy Rd, Conroe, TX, 77303
Off Market
Property Lead Type:
BankruptcyOff-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesMicrowave, Dishwasher
FlooringLaminate, Tile
Exterior
Lot Size3.90 acres
Building Information
Year Built1993
Stories1
Roof Type105
Land Information
APN0162-03-90900
SubdivisionDavy Thos P
Land UseResidential
Legal DescriptionA0162 - DAVY THOS P, TRACT 9, SERIAL # OC05935641, LABEL # TEX0475429, ACRES 3.9
Census Tract693901
Assessed Land Value$195,000
Assessed Improvement Value$93,091
Assessment Year2025
About this property
AWESOME LOCATION OUT IN VERY NICE COUNTRY SETTING! 4 BEAUTIFUL ACRES OF WOODS ! HOME IS NEWLY REMODELED INSIDE WITH JUST A LITTLE TLC THIS COULD BE A BEAUTY!! PROPERTY HAS AT LEAST 4 SEPTIC SYSTEMS AND MULTIPLE ELECTRICAL BOXES SET UP FOR POSSIBLE RV'S. ALSO HAS A SEPERATE MOBILE HOME NEXT DOOR..STORAGE BUILDING. WATER WELL. RENTAL INCOME READY! PERFECT FOR MULTIPLE FAMILY LIVING !
Investor Tools
$288,091
Estimated Property Value
$186,701Estimated Mortgage Balance
$101,390Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,979 /month
Positive
Cash Flow Estimate:
$660 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$485/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,384
$288,091
2025
$195,000
$93,091
$288,091
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,384
$288,091
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Robert Grant Gerhart
Seller Carryback / Seller Financing / Seller Take-Back
$200,000
No
First
Oct 19, 2022
Nov 2027
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,701
$101,390
35%
65%
$1,200/mo
