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$423,000

NAL Estimated Property Value

8117 Tranquil Lake Way, Conroe, TX, 77385

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,768 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$117.38 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size7,919 sqft

Building Information

Year Built2013
Stories1
Roof Type105
Garage Spaces2

Land Information

APN9623-00-07001
Lot Number3
SubdivisionWood Lake Village 01
Land UseResidential Single Family
Legal DescriptionS962300 - WOOD LAKE VILLAGE 01, BLOCK 5, LOT 3 - UDI: 50.000000%
Census Tract692103
Assessed Land Value$14,750
Assessed Improvement Value$199,435
Assessment Year2025

About this property

This home has it all! From the gorgeous front entry to the top of the line hot tub in your very own backyard oasis, you will love turning this into your forever home! This house features a large study with french doors perfect for working from home. Don't miss the Formal Dining that is large enough for gatherings even while we social distance! Chef's kitchen boasts large center island with breakfast bar, a convection oven, and enough cabinet storage for any family. Large private master is secluded at the rear of the home, and features spa-like bath room with his-and-her sinks and huge walk-in closet. Roomy secondary bedrooms share jack-and-jill bathroom with large closets as well. Home is equipped with LED light bulbs throughout, saving you energy! See improvements list which includes new A/C & Furnace (2019) with Warranty, French drain, full rain gutters, replaced roof plumbing vent jackets, storage in the garage and more! Don't wait to make this your forever home!

Investor Tools

Property Icon
$423,000
Estimated Property Value
$0Estimated Mortgage Balance
$423,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,538 /month
Positive
Cash Flow Estimate:
$846 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$415/month
$1,025/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,860
$214,185
2025
$14,750
$199,435
$214,185
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,860
$214,185

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$432,000
100%
0%
$0/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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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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8117 Tranquil Lake Way | Property Details | No Agent List