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$395,000

NAL Estimated Property Value

925 Manchester Drive, Conroe, TX, 77304

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,584 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.93 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Water Softener, Double Oven, Gas Oven, Gas Cooktop, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size10,800 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN8345-00-21500
Lot Number18-B
SubdivisionRivershire 01
Land UseResidential
Legal DescriptionS834500 - RIVERSHIRE 01, BLOCK 8, LOT 18-B, 19
Census Tract693303
Assessed Land Value$54,000
Assessed Improvement Value$341,000
Assessment Year2025

About this property

You will love this home’s combination of modern updates and original charm. Mature trees and fresh landscaping create inviting curb appeal, and the patterned tile doorstep and entryway are a classy welcome. Inside, enjoy custom built-ins, crown molding, rustic beams, and stylish updated flooring throughout. The remodeled island kitchen features double ovens, two sinks, walk-in pantry, and abundant space, all overlooking the family room. The versatile 4-bed/2.5-bath layout includes a flexible formal dining room and oversized breakfast area. The large laundry room with half bath adds convenience. The shaded and spacious back yard is the perfect place to make some memories. Oversized detached garage includes a generous lighted storage room. Located in Rivershire with community pool, tennis/pickleball courts, and park, minutes from downtown Conroe. Very low 1.9% tax rate. Plus whole-home generator. Come see your new home today!

Investor Tools

Property Icon
$395,000
Estimated Property Value
$194,987Estimated Mortgage Balance
$200,013Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$727/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,746
$395,000
2025
$54,000
$341,000
$395,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,746
$395,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$216,000
No
First
Apr 29, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,987
$200,013
50%
49%
$1,296/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.

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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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925 Manchester Drive | Property Details | No Agent List