Last 24 Hours
$490,000
1409 Marilyn St, Conroe, TX, 77301
On Market
Just Added
Commercial
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size4.21 acres
Building Information
Year Built1985
Land Information
APN0249-03-00120
SubdivisionHyman Kenneth
Land UseCommercial
Legal DescriptionA0249 - HYMAN KENNETH, TRACT 1-B, ACRES 4.215
Census Tract693102
Assessed Land Value$156,700
Assessed Improvement Value$20
Assessment Year2025
About this property
Great investment opportunity! Motivated seller! 4.215 Acres of Land/Mobile Home Park in Conroe, TX. There are 10 spaces leased over 10 years. Townhouses or apartment complex can be built. 3 mins (.09 mile) to N Fwy 45, 10.5 miles to The Woodlands and 16.3 miles to Lake Conroe, Bentwater Yacht & Country Club and J.
Investor Tools
$133,568Estimated Mortgage Balance
$23,518Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,940 /month
Positive
Cash Flow Estimate:
$980 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$314/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,989
$156,720
2025
$156,700
$20
$156,720
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,989
$156,720
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Carl James Provost Jr
Seller Carryback / Seller Financing / Seller Take-Back
$170,000
No
First
Sep 30, 2016
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,568
$23,152
14%
85%
$1,020/mo
12.4%