$185,000 Last Listed Price
●
House -
Off Market
1007 White River Road
Conroe, TX 77316
2 Beds
1 Bath,
1
Half Bath
$1,109
Est. Monthly
$10
HOA / Fees
About This Property
Unfinished home ready for your creativity. The home is dried in
waiting for your design. Many possibilities to make this property
your own. A dream place for those that need a huge
garage and storage. Minium of 4 cars can fit in garage.
There is a large, covered carport that can also be used an
entertainment area.
Inside garage is a huge shop or this could become living area it currently has a half bath area designed. Would make a great area for kitchen and living. The garage is 40x22 950 approx. sq ft. The shop area is 40x14 with 560 approx. sq ft. Upstairs is an additional 950 approx. sq ft with full bath w/d designed. All current plans are located in the shop. Septic system has been installed. There is gas available at the street if you wish to add. Permits are also available. There is a boat ramp for lake access a few blocks away as well as parks to enjoy.
You are 1 miles to HWY 105 with all the connivences, restaurants and lake activities to enjoy year around.
Inside garage is a huge shop or this could become living area it currently has a half bath area designed. Would make a great area for kitchen and living. The garage is 40x22 950 approx. sq ft. The shop area is 40x14 with 560 approx. sq ft. Upstairs is an additional 950 approx. sq ft with full bath w/d designed. All current plans are located in the shop. Septic system has been installed. There is gas available at the street if you wish to add. Permits are also available. There is a boat ramp for lake access a few blocks away as well as parks to enjoy.
You are 1 miles to HWY 105 with all the connivences, restaurants and lake activities to enjoy year around.
Unit Size
-
Days on Market
-
Land Size
0.32 acres
Price per sqft
-
Property Type
House
Property Taxes
$190
HOA Dues
$10
Year Built
2007
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 months ago (HAR #16100240)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2024 | Sold | ||
| Sold | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 10, 2024 | Listed by HomeSmart | $185,000 | |
| Listed by HomeSmart | |||
| | |||
|
Unfinished home ready for your creativity. The home is dried in waiting for your design. Many possibilities to make this property your own. A dream place for those that need a huge garage and storage. Minium of 4 cars can fit in garage. There is a large, covered carport that can also be used an entertainment area.
Inside garage is a huge shop or this could become living area it currently has a half bath area designed. Would make a great area for kitchen and living. The garage is 40x22 950 approx. sq ft. The shop area is 40x14 with 560 approx. sq ft. Upstairs is an additional 950 approx. sq ft with full bath w/d designed. All current plans are located in the shop. Septic system has been installed. There is gas available at the street if you wish to add. Permits are also available. There is a boat ramp for lake access a few blocks away as well as parks to enjoy.
You are 1 miles to HWY 105 with all the connivences, restaurants and lake activities to enjoy year around.
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lake Conroe Forest
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Listed by: Valarie Richardson, HomeSmart
Last Updated: 6 months ago
Data Source: HAR , MLS# 16100240
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Last Updated: 6 months ago
Data Source: HAR , MLS# 16100240
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