3 Lovely Homes In Conroe Area!
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3 Lovely Homes In Conroe Area!
3 Specialty Properties Offered at $594,000 in Conroe, TX
Investment Highlights
- Rental Package, Great Location, No Floodplain, No MUD Taxes, Tenant Occupied
Executive Summary
Three beautiful homes, 2 of 3 being already tenant occupied, around the fast growing Montgomery County Area! These three homes are in great shape!
1108 Byrdsong Ct, Conroe, TX 77301 is 1,236 sq ft built in 2003. The home is in great shape. Currently tenant occupied at $1,650 per month with an equal deposit.
10642 Royal Pines Drive, Conroe, TX 77303 is 1,066 sq ft built in 2003. The home is in great shape. Currently tenant occupied at $1,495 per month with an equal deposit.
5044 Willow Point Drive, Conroe, TX 77303 is 1,624 sq ft built in 2005. The home is vacant and active on the market for rent for $1,650 per month. The home appears to be in great condition.
1108 Byrdsong Ct, Conroe, TX 77301 is 1,236 sq ft built in 2003. The home is in great shape. Currently tenant occupied at $1,650 per month with an equal deposit.
10642 Royal Pines Drive, Conroe, TX 77303 is 1,066 sq ft built in 2003. The home is in great shape. Currently tenant occupied at $1,495 per month with an equal deposit.
5044 Willow Point Drive, Conroe, TX 77303 is 1,624 sq ft built in 2005. The home is vacant and active on the market for rent for $1,650 per month. The home appears to be in great condition.
Taxes & Operating Expenses (Pro forma - 2024) |
Annual |
|---|---|
| Gross Rental Income |
$59,940
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$59,940
|
| Taxes |
$11,294
|
| Operating Expenses |
$6,500
|
| Total Expenses |
$17,794
|
| Net Operating Income |
$42,146
|
Taxes & Operating Expenses (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $59,940 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $59,940 |
| Taxes | |
|---|---|
| Annual | $11,294 |
| Operating Expenses | |
|---|---|
| Annual | $6,500 |
| Total Expenses | |
|---|---|
| Annual | $17,794 |
| Net Operating Income | |
|---|---|
| Annual | $42,146 |
Property Facts
| Price | $594,000 | Number of Properties | 3 |
| Price / SF | $151.30 / SF | Individually For Sale | 0 |
| Cap Rate | 6.95% | Total Building Size | 3,926 SF |
| Sale Type | Investment | Total Land Area | 0.56 AC |
| Status | Active |
| Price | $594,000 |
| Price / SF | $151.30 / SF |
| Cap Rate | 6.95% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 3,926 SF |
| Total Land Area | 0.56 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 10642 Royal Pines Dr, Conroe, TX 77303 | Specialty | 1,066 SF | 2003 | - |
| 5044 Willow Point Dr, Conroe, TX 77303 | Specialty | 1,624 SF | 2005 | - |
| 1108 Byrdsong Ct, Conroe, TX 77301 | Specialty | 1,236 SF | 2003 | - |
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Hal Bazar -
Green and Associates
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3 Lovely Homes In Conroe Area!
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