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$288,091

NAL Estimated Property Value

775 Gandy Rd, Conroe, TX, 77303

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths748 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$441.04 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

BankruptcyAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
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

Property Icon
$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

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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

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.

Explore Texas Explore This Area
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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775 Gandy Rd | Property Details | No Agent List