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Owner Contacts

$323,856

8 Lancelot Ln, Conroe, TX, 77304

Off Market

4 Beds

2 Bath

1,964 Sq Ft

Single Family Residence

$161.91 / sqft

Built in 1976

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Dishwasher, Refrigerator

FlooringCarpet, Vinyl

Exterior

Lot Size7,259 sqft

Building Information

Year Built1976

Stories1

Roof Type105

Garage Spaces2

Land Information

APN8345-00-22700

Lot Number31

SubdivisionRivershire 01

Land UseResidential

Legal DescriptionS834500 - RIVERSHIRE 01, BLOCK 8, LOT 31

Census Tract693303

Assessed Land Value$36,295

Assessed Improvement Value$287,561

Assessment Year2025

About this property

WOW! LOCATION, LOCATION!! AND NO MUD.... LOW TAXES TOO! THIS BEAUTIFULLY REMODELED HOME IS SEEKING IT'S NEW OWNER! SITUATED IN RIVERSHIRE! THIS AWESOME HOME OFFERS A 4/2/2 SPLIT FLOORPLAN THAT HAS BEEN COMPLETELY TRANSFORMED & REMODELED INCLUDING NEW WINDOWS & BRAND NEW ROOF (12/2022) YOU WILL LOVE THIS OPEN CONCEPT PLAN!! STOP IN SOON SO YOU CAN SEE THE BEAUTIFUL NEW KITCHEN COMPLETE W/ A BEAUTIFUL QUARTZ ISLAND/COUNTERS ALONG W/ TONS OF KITCHEN CABINETS FOR AN ABUNDANCE OF STORAGE, A WALK IN PANTRY & THE ADDED BUILT IN WINE/COFFEE BAR. YOU WILL LOVE THE OPEN & SPACIOUS KITCHEN/LIVING AREAS!! THE PRIMARY BEDROOM IS HUGE AS WELL & THE ENSUITE BATH WAS TRANSFORMED FOR RELAXING. OUT BACK YOU WILL FIND A THE PERGOLA COVERING THE PATIO AND A FULLY FENCED BACK YARD OFFERING ENDLESS OPPORTUNITIES. CALL TODAY BEFORE THIS ONE IS GONE!. IF YOU'VE BEEN SEARCHING FOR THE RIGHT HOME AT THE RIGHT PRICE, SCHEDULE YOUR SHOWING SOON BEFORE THIS ONE IS SNATCHED UP. QUICK COMMUTE TO I45/336/2854 & 105

Investor Tools

$323,856

Estimated Property Value

$249,600Estimated Mortgage Balance

$89,207Estimated Equity

23% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,943 /month

Positive

Cash Flow Estimate:

$648 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$502/month

$275/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,408

$323,856

2025

$36,295

$287,561

$323,856

Tax History

Year

Tax Paid

Assessed Value

2024

$4,408

$323,856

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cherry Creek Mortgage Co Inc

Conventional

$249,600

First

Feb 27, 2023

Mar 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$234,649

$89,207

27%

72%

$1,497/mo

Learn About the Market: Opportunity in Texas

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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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