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Owner Contacts

$265,000

NAL Estimated Property Value

986 Arbor Way, Conroe, TX, 77303

Off Market

3 Beds

2 Bath

1,856 Sq Ft

Single Family Residence

$155.44 / sqft

Built in 2014

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator, Washer

FlooringCarpet, Tile, Vinyl

Exterior

Lot Size6,385 sqft

Building Information

Year Built2014

Stories1

Roof Type105

Garage Spaces1

Land Information

APN2158-02-06600

Lot Number66

SubdivisionArbor Place 02

Land UseResidential

Legal DescriptionS215802 - ARBOR PLACE 02, BLOCK 1, LOT 66

Census Tract693901

Assessed Land Value$28,733

Assessed Improvement Value$226,345

Assessment Year2025

About this property

Welcome to this beautiful 2014 Stylecraft Builder home in Arbor Place! This home features a 3 bedroom/2 bath split floor plan w/ open concept kitchen/breakfast/living areas, formal dining (or office), study nook, high ceilings, LVP flooring, upgraded paint & more!. IT HAS >$15K IN IMPROVEMENTS (see attachments)! The generous primary suite will accommodate just about any bedroom furniture. Its bathroom features dual sinks, granite countertops, separate tub/shower, & walk in closet. The spacious secondary bedrooms can also serve as a study, workout or craft room. This spacious home takes advantage of every sq ft, so there is a TON of space to entertain. Enjoy the outdoors? Bring your BBQ pit, lounge chairs or playground equipment to the sizable backyard. Home is conveniently located just minutes from Loop 336 & I45, so enjoy all the restaurants & retail that are nearby. It’s <15 miles to The Woodlands hospitals & mall, zoned to Conroe ISD, LOW tax rate & never flooded!

Investor Tools

$265,000

Estimated Property Value

$283,733Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,731 /month

Positive

Cash Flow Estimate:

$577 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$409/month

$250/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,582

$255,078

2025

$28,733

$226,345

$255,078

Tax History

Year

Tax Paid

Assessed Value

2024

$3,582

$255,078

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Pennymac Loan Services Llc

$291,970

Yes

First

Oct 30, 2024

Dec 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$283,733

N/A

107%

$1,751/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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