50
Map
$349,900
↓ $10K (2.8%)
●
House -
For Sale
3 Fairway Drive
Conroe, TX 77304
3 Beds
3 Baths
2,930 Ft²
$2,310
Est. Monthly
About This Property
Enter this Spectacular home through a private entry courtyard. The
Spacious Living room has a Gas log fireplace, and gorgeous Hickory
hardwood floors. Elegant dining room is Open to a Chefs delight
kitchen. New Custom cabinets include a charging station; Gleaming
granite counters that meet the marble backsplash. Stainless
KitchenAid appliances, Dbl. Convection ovens, huge gas cooktop with
grill/griddle and S.S refrigerator that can stay. Expansive Primary
bedroom with space for lounging. Enormous En-suite bath equipped
with Jacuzzi Brand Garden spa tub, separate shower and vanities,
two more guest bedrooms that have their own bathrooms, equipped
with a walk-in spa bathtub, with colored lights & scented water
options. Also, has a Bidet with keyboard wall controls and Quartz
countertops, ceramic tile and seamless glass shower. The sunroom is
screened in and has new epoxy floors. Huge back yard is a paradise
with several concrete patios & a Covered carport. Includes 2nd
10,000 sq. ft lot
Unit Size
2,930 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$119
Property Type
House
Property Taxes
$591
HOA Dues
-
Year Built
1968
Listed By
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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: 10 days ago (HAR #19255991)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2026 | Price Decreased |
$349,900
↓ $10K
(2.8%) | |
| Price Decreased | |||
| Aug 23, 2026 | Price Decreased |
$359,900
↓ $20K
(5.3%) | |
| Price Decreased | |||
| Jul 25, 2026 | Price Decreased |
$380,000
↓ $19K
(4.8%) | |
| Price Decreased | |||
| Jun 7, 2026 | Listed by Top Guns Realty on Lake Conroe | $399,000 | |
| Listed by Top Guns Realty on Lake Conroe | |||
Property Highlights
Fireplace
Parking Details
Has Carport
Parking Features: No Garage, Additional Parking, Converted Garage, Attached Carport
Interior Details
Full Bathrooms: 3
Interior Features: Crown Molding, High Ceilings, Formal Entry/Foyer, All Bedrooms Down, En-Suite Bath, Sitting Area, Split Plan, Walk-In Closet(s)
Appliances: Disposal, Refrigerator, Convection Oven, Double Oven, Electric Oven, Microwave, Gas Cooktop, Indoor Grill, Dishwasher
Flooring Type: Tile, Wood
Laundry Features: Electric Dryer Hookup, Washer Hookup
Has Fireplace
Fireplace Features: Gas Log, Wood Burning
Fireplaces: 1
Exterior Details
Square Footage: 2930
Architectural Style: Traditional
Year Built: 1968
Building Area Total: 2930
Other Structures: Shed(s)
Window Features: Window Coverings
Construction Materials: Brick, Wood Siding
Patio and Porch Features: Covered, Patio, Porch, Screened
Lot Features: Cleared, Subdivided, 1/4 Up to 1/2 Acre
Lot Size Area: 0.245
Lot Size Units: Acres
Lot Size Acres: 0.245
Lot Size Square Feet: 10672.2
Water Source: Public
Financial Details
Tax Annual Amount: $7,094
Utilities Details
Cooling Type: Ceiling Fan(s), Electric
Heating Type: Electric, Natural Gas
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
Price/ft²
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HOA + Taxes
About Forest Estates
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Listed by: April Blalock, Top Guns Realty on Lake Conroe
Last Updated: 10 days ago
Data Source: HAR , MLS# 19255991
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Last Updated: 10 days ago
Data Source: HAR , MLS# 19255991
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