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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.

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
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 -
Show More > < Show Less
  • Listing ID: 32322173

  • Date on Market: 7/2/2024

  • Last Updated:

  • Address: 3 Lovely Homes In Conroe Area!, Conroe, TX

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