$315,000 Last Listed Price
●
House -
Off Market
716 Old Magnolia Road
Conroe, TX 77304
4 Beds
2 Baths,
1
Half Bath
1,862 Ft²
$1,564
Est. Monthly
About This Property
Discover this beautifully designed 4-bedroom, 2.5-bath home in a
prime Conroe location! Thoughtfully crafted to feel much larger
than its square footage, the spacious floor plan offers an open
flow perfect for everyday living and entertaining. The generous
living areas and well-sized bedrooms maximize comfort and
functionality throughout. Step outside to a large backyard with
plenty of room for gatherings, pets, or play. Located just minutes
from Downtown Conroe, shopping, dining, schools, and entertainment,
this home puts everything within easy reach. Enjoy quick access to
I-45 and walk to one of Conroe's most popular parks. Combining
space, convenience, and an unbeatable location, this move-in-ready
home is a must-see for anyone looking for the best of Conroe
living.
Unit Size
1,862 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$169
Property Type
House
Property Taxes
$17
HOA Dues
-
Year Built
-
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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: 2 months ago (HAR #59433508)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2026 | Sold | ||
| Sold | |||
| Jul 25, 2026 | In contract | - | |
| In contract | |||
| Jun 18, 2026 | Listed by Better Homes and Gardens Real Estate Gary Greene - Lake Conroe South | $315,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Lake Conroe South | |||
| Apr 26, 2025 | Price Decreased |
$319,900
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Feb 9, 2025 | Listed | $325,000 | |
| Listed | |||
| | |||
|
UNRESTRICTED- N0 HOA & NO Mud tax! Fall in love with the quality & details in this exceptional NEW CONSTRUCTION home. This spacious floor plan boasts 4 bedrooms w/primary bedroom down, 2-1/2 baths, 3 secondary bedrms up, spacious fenced-in backyard w/covered back patio, oversized driveway is stained & stamped. GE appliances including refrigerator. High-end kitchen & bath features include Quartz counters, stained shaker cabinets w/cabinet pulls, Kitchen is open to family room & features an abundance of cabinets & drawer space. Luxury vinyl plank flooring down w/carpet in primary & upstairs, upgraded wood stair treads. laundry room boats cabinets above & below w/folding counter. Enjoy 5 ton, 16 seer zoned HVAC system. Builder's spec sheet can be found online under documents. Convenient location - close to I-45, shopping, schools & hospitals & The Arc church is just down the street as well as Kasmiersky Park. Enjoy low tax rate of 1.91 & zoned to Conroe ISD.
| |||
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About Conroe
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Listed by: Rodolfo Solis, Better Homes and Gardens Real Estate Gary Greene - Lake Conroe South
Last Updated: 2 months ago
Data Source: HAR , MLS# 59433508
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Last Updated: 2 months ago
Data Source: HAR , MLS# 59433508
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