2816 Madison Drive
About This Property
Welcome to this charming 3-bedroom, 2-bathroom home nestled in the Madison Bend Community of Conroe. The open floor plan seamlessly connects the living, dining, and kitchen areas, creating a spacious and inviting atmosphere perfect for family gatherings.
Step outside to enjoy the covered back patio, ideal for relaxing with your morning coffee. The fenced-in backyard provides privacy and a safe space for children or pets to play.
Don't miss your chance to make this charming Conroe home your own!
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 6, 2026 | Listed by Keller Williams Realty The Woodlands | $239,950 | |
| Listed by Keller Williams Realty The Woodlands | |||
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
| Nov 20, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Sep 13, 2025 | Price Decreased |
$238,200
↓ $7K
(2.8%) | |
| Price Decreased | |||
| Aug 15, 2025 | Listed by Keller Williams Realty The Woodlands | $245,000 | |
| Listed by Keller Williams Realty The Woodlands | |||
| | |||
|
This home is conveniently located minutes from Conroe and The Woodlands, and you'll have easy access to I-45 for quick commutes. Plus, you're minutes away from Lake Conroe and a variety of outdoor activities, making it an excellent choice for those who love to explore and enjoy nature.
Welcome to this charming 3-bedroom, 2-bathroom home nestled in the Madison Bend Community of Conroe. The open floor plan seamlessly connects the living, dining, and kitchen areas, creating a spacious and inviting atmosphere perfect for family gatherings.
Step outside to enjoy the covered back patio, ideal for relaxing with your morning coffee. The fenced-in backyard provides privacy and a safe space for children or pets to play.
Don't miss your chance to make this charming Conroe home your own!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017