$300,000 Last Listed Price
●
House -
Off Market
408 Wilson Road
Conroe, TX 77301
4 Beds
0 Bath,
2
Half Baths
2,100 Ft²
$394,151
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
Gorgeous fully updated property located minutes from I-45 in the
heart of thriving downtown Conroe. The location is perfect for an
attorney, CPA, or many other types of small businesses. Completely
redone. New roof, New HVAC, new electric and plumbing as well as
windows and driveway and all cosmetics. The property features a
gorgeous large showroom/lobby/conference room, three office spaces
as well as other spaces that could accommodate additional office
personnel. There is plenty of parking for employees as well as
customers and a circle driveway. The property also features a large
backyard that is fully fenced in. The location is right off of I-45
so easy travel access from the Beltway/ I-10, downtown Houston,
etc.
Unit Size
2,100 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$143
Property Type
House
Property Taxes
$190
HOA Dues
-
Year Built
1970
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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: 5 months ago (HAR #15568504)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| May 19, 2026 | Price Decreased |
$368,000
↓ $30K
(7.5%) | |
| Price Decreased | |||
| Mar 9, 2026 | Listed by LPT Realty, LLC | $398,000 | |
| Listed by LPT Realty, LLC | |||
   | |||
|
UNRESTRICTED! POSSIBLE LIVE & WORK OPPORTUNITY!!! 2100 Sq. Ft., recently renovated property located less than 1 mile from I-45 in Conroe. Most recently use as a commercial office and previously a salon, this home sits on over 11,000 Sq.Ft. lot with plenty of room for customization. Whether you’re looking for a residential property or the ideal location to start your business, this flexible space is perfect. The spacious backyard has room for expansion, while the paved parking area is perfect for both residential or commercial needs.The potential is limitless with close proximity to the Montgomery County Court House and Downtown Conroe Square. Easy access to The Woodlands, Houston and surrounding communities.
| |||
| Sep 1, 2024 | No longer available | - | |
| No longer available | |||
| Aug 14, 2024 | Withdrawn | - | |
| Withdrawn | |||
Show More
Property Highlights
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 Wilson Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Ryan Kutter, Connect Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 15568504
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Last Updated: 5 months ago
Data Source: HAR , MLS# 15568504
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