17
Map
$159,000 Last Listed Price
●
House -
Off Market
18049 Martin Drive
Conroe, TX 77302
3 Beds
2 Baths
1,834 Ft²
$1,015
Est. Monthly
$4
HOA / Fees
11.78%
Cap Rate
About This Property
This 3-bedroom, 2-bathroom home is a handyman special full of
potential, featuring a functional floor plan with a large living
area, a generous kitchen with plenty of cabinet space, and
good-sized bedrooms. With some TLC, this property will shine again.
The fenced backyard is perfect for outdoor entertaining or future
improvements. This is an ideal investor special for a profitable
flip or long-term rental.
Located in the peaceful Whispering Pines subdivision, this home is just minutes from I-45, The Woodlands, and few miles from TX-242. Enjoy nearby conveniences like H-E-B, Costco, and The Woodlands Mall, plus outdoor escapes like Lake Conroe and the Sam Houston National Forest for weekend getaways.
Located in the peaceful Whispering Pines subdivision, this home is just minutes from I-45, The Woodlands, and few miles from TX-242. Enjoy nearby conveniences like H-E-B, Costco, and The Woodlands Mall, plus outdoor escapes like Lake Conroe and the Sam Houston National Forest for weekend getaways.
Unit Size
1,834 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$87
Property Type
House
Property Taxes
$230
HOA Dues
$4
Year Built
1974
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Cap Rate Calculator
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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: 4 months ago (HAR #94153815)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 11, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 1, 2025 | Price Decreased |
$249,900
↓ $5K
(2%) | |
| Price Decreased | |||
| Oct 6, 2025 | Listed by One2Three Realty | $254,900 | |
| Listed by One2Three Realty | |||
| | |||
|
Welcome home to the peaceful Whispering Pines neighborhood. This beautifully renovated 4-bedroom, 2-bath home sits on a spacious lot surrounded by mature trees—offering a private, country feel while still just minutes from shopping and dining. Step inside to high ceilings and an open-concept floor plan. Enjoy new windows, luxury vinyl flooring, and ceramic tile in the fully remodeled baths and kitchen, featuring quartz countertops, new cabinetry, and elegant modern finishes. Every update has been thoughtfully completed—lighting, fans, floors, showers, sinks, and more—creating a bright, move-in-ready home that feels brand new. Outside, you’ll find a large open backyard, a utility shed, and a brand-new gravel driveway. Located in Conroe ISD, this property offers the perfect balance of modern comfort, space, and tranquility—all just minutes from city conveniences. Experience the charm of Whispering Pines—schedule your private showing today!
| |||
| Apr 15, 2025 | Sold | ||
| Sold | |||
| Apr 9, 2025 | In contract | - | |
| In contract | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Whispering Pines North
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Listed by: Brenda Zambrano, One2Three Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 94153815
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Last Updated: 4 months ago
Data Source: HAR , MLS# 94153815
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