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Owner Contacts

$283,000

NAL Estimated Property Value

816 Stone Mountain Dr, Conroe, TX, 77302

Off Market

5 Beds

3 Bath

2,280 Sq Ft

Single Family Residence

$135.96 / sqft

Built in 1974

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Gas Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator

FlooringCarpet, Tile

Exterior

Lot Size11,700 sqft

Building Information

Year Built1974

Stories2

Roof Type105

Garage Spaces2

Land Information

APN8320-05-11600

Lot Number116

SubdivisionRiver Plantation 05

Land UseResidential

Legal DescriptionS832005 - RIVER PLANTATION 05, LOT 116

Census Tract693202

Assessed Land Value$15,356

Assessed Improvement Value$263,462

Assessment Year2025

About this property

Beautifully updated home on the golf course w breathtaking views of 3 holes. Updates include opening up the kitchen to breakfast room & living area. Kitchen features custom Kent Moore cabinets along w/ granite countertops & stainless steel Kenmore applicances, oversized double ovens & gas stove. Separate standing & walk in pantry plus extra storage. Custom windows replaced in living rm & breakfast area to enhance views of the golf course. Upgrades Fall 2022 include windows replaced throughout the house & garage w transferable warranty, interior & exterior painted, crown molding, 2 HVAC systems, custom glass pantry & laundry doors, custom brass light switch/electrical plates, light fixtures, Delta touch sensor kitchen faucet, Philips Wiz smart lights in recessed lighting & Epoxy garage floor. Living area features a cozy fireplace, formal living & dining area. One bedrm downstairs remaining 4 bedrm upstairs w walk in closets. Enjoy master w beautiful views & private access to balcony.

Investor Tools

$283,000

Estimated Property Value

$204,472Estimated Mortgage Balance

$78,528Estimated Equity

30% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,860 /month

Positive

Cash Flow Estimate:

$620 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$665/month

$275/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,569

$278,818

2025

$15,356

$263,462

$278,818

Tax History

Year

Tax Paid

Assessed Value

2024

$6,569

$278,818

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Pennymac Loan Services Llc

Conventional

$217,500

First

Feb 17, 2023

Mar 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$204,472

$88,528

30%

72%

$1,305/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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