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Panorama Village 77304 Panorama
3 Panorama Drive
$409,000 Last Listed Price
● House - Off Market

3 Panorama Drive

Conroe, TX 77304
bedrooms
5 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
3,366 Ft²
$2,719
Est. Monthly

About This Property

This listing highlights a spacious & versatile home perfect for anyone looking for extra space & amenities.The home features 5 bedrooms, with the primary suite located on the ground floor.A large game room at the back of the home offers flexible use as a kids' area, home office or a secondary living space.Garages: Includes a spacious attached 2 car/golf cart garage, plus a detached garage (appx 2000 s/f) has its own 1/2 bath, washer & dryer connection & plumbed for air compression system.Detached garage could also be used as home office (last bay currently used for that purpose).Recent Upgrades:New carpet & interior paint in 2024,Downstairs AC unit replaced in 2022,Upstairs AC unit replaced in 2021, Garage AC unit added in 2021, Ext paint refreshed in 2022, Water heater replaced in 2022.This home is an excellent option for those needing space, modern conveniences, & great location.Recent survey available and a recent appraisal completed. Lot 4 is available for purchase.
Unit Size
3,366 Ft²
Days on Market
-
Land Size
0.87 acres
Price per sqft
$122
Property Type
House
Property Taxes
$710
HOA Dues
-
Year Built
1970

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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 #81090920)

Price History

Date / Event Date Event Price
Dec 31, 2024 Sold
Premium
Sold
Nov 27, 2024 In contract -
In contract
Nov 21, 2024 Price Decreased $409,000
↓ $41K (9.1%)
Price Decreased
Nov 5, 2024 Price Decreased $449,900
↓ $10K (2.2%)
Price Decreased
Oct 11, 2024 Price Decreased $459,900
↓ $10K (2.2%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 13
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 2,424
  • Parking Space Count: 8
  • Patio Type: 14
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 55,000
  • Total Building Area: 3,990
  • Building Area: 3,366
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,366
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PANORAMAGREEN BRIAR 01
  • Land Acres: 0000001263
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: S772000 - PANORAMA-GREEN BRIAR 01, LOT 1-A, 2,3,4

Neighborhood

  • School District Name: Willis Independent School District
  • School Tax School District: LONE STAR COLLE
  • Census Tract: 694208

Zoning

  • Zoning: 4

Geography

  • Parcel: 7720-00-00300
  • Lot: 1-A
  • Municipality: CITY OF PANORAMA VILLAGE
  • Latitude: 30.3693
  • Longitude: -95.4921

    Address

  • Full Address: 3 Panorama Dr
  • Address - House Number: 3
  • Address - Street Name: Panorama
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Conroe
  • Carrier Code: R038
  • 4-Digit Zip Code: 3400
  • Zip Code: 77304

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $527,619
  • Tax Rate Code Area: SWI

    Appraisal Valuation

  • Standard Deviation: 0.2343
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 67
  • Final Value: 495,064
  • High Value: 611,088
  • Low Value: 379,041

    Market Valuation

  • Market Total Value: $389,490
  • Market Land Value: $70,690
  • Market Improvement Value: $322,990

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $389,490
  • Assessed Land Value: $70,690
  • Assessed Improvements Value: $322,990

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 14, 2012
  • Current Sale Recording Date: Apr 04, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2012029946
  • Previous Sale Recording Date: May 06, 1994
  • Previous Sale Contract Date: May 03, 1994
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: VAR
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Panorama

Stats & Trends

Median Asking:

$318,950

Sale Price/ft²

$148

Below Asking

0.02%

Average Days on Market

70

Average Home Size

2445 ft²

Average Home Age

40.2 years

Currently For Sale

29 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 304 Jill Street, Conroe, TX, 77303

$1,775 /mo

  • 4 Beds
  • 2 Baths
  • 1,780 ft²
304 Jill Street, Conroe, TX, 77303 Listing by Paula Sicardo
Unit for rent at 2769 Madison Court, Conroe, TX, 77304

$2,075 /mo

  • 4 Beds
  • 2 Baths
  • 1,870 ft²
2769 Madison Court, Conroe, TX, 77304 Listing by Karen Chappell
Unit for rent at 2751 Madison Court, Conroe, TX, 77304

$2,075 /mo

  • 4 Beds
  • 2 Baths
  • 1,870 ft²
2751 Madison Court, Conroe, TX, 77304 Listing by Karen Chappell

Rentals Near You

Click here to view more rentals in the neighborhood.
HAR

Listed by: Traci Myers, Myers & Lindsey Real Estate
Last Updated: 4 months ago
Data Source: HAR , MLS# 81090920
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Frequently Asked Questions

When was property at 3 Panorama Drive built and last sold?
The property at 3 Panorama Drive was built in 1970 and last sold on Mar 14, 2012 for $154,200.
How much is this home worth?
The estimated value of the home located at 3 Panorama Drive is $413,090.
What are some comparable homes to 3 Panorama Drive?
There are currently no comparable homes to 3 Panorama Drive.
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