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705 Phyllis Ct
C Composite 59.6
Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +19.3/30.0
  • ARV discount +15.0/15.0
  • DSCR +6.1/10.0
  • 1% rule +5.5/10.0
  • Schools +5.1/10.0
  • Livability +3.7/5.0
  • Condition / age +2.5/5.0
  • Rent growth +2.4/5.0
  • Appreciation +0.0/10.0

$165,000

705 Phyllis Ct · Conroe, TX 77303
3 bd · 2.0 ba · 1,545 sqft · SingleFamily public records · 119 Days on market
Built 1970 6,943 sqft lot $107/sqft · 29% below area Est $231k · 29% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Step into this charming 3-bedroom, 2-bath home in Conroe. Boasting a large private backyard, high ceilings, new roof, fenced yard, covered patio, storage building, 2-car garage, carport, modern kitchen, energy-efficient stainless steel appliances, & new windows. This gem is perfect for families or investors looking for rentals in a nice clean neighborhood. Lots of natural lighting floods the open concept layout, creating an open inviting atmosphere. Take advantage of this opportunity to buy now in the ever growing Conroe Community.

Key facts

  • Storage building
  • Covered back patio
  • Fenced in back yard

Tags

NEW ROOFFENCED IN BACK YARDCOVERED BACK PATIOSTORAGE BUILDINGENERGY EFFICIENT WINDOWSUPGRADED MODERN KITCHEN

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $165k.

Deal economics

  • At list price, monthly cash flow is $182 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $165k).
  • Recommended offer: $150k (9.0% below list) — sets the bar for market timing.
  • Cap rate 7.6% vs local median 3.1% in Conroe — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 74/100 on livability (#169 in TX, #4,447 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, amenities B; Watch: commute F, health & safety F.
  • Conroe ISD (other): math 57% / reading 57% proficiency, ranked #69 of 826 in TX (top 8%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: Reaves El (math 58% / reading 50%, grade C, #664 of 4,322 statewide, top 16%, 745 students, 85% FRL); Peet J H (math 45% / reading 50%, grade C-, #408 of 1,662 statewide, top 25%, 1,289 students, 58% FRL); Conroe H S (math 32% / reading 51%, grade F, #767 of 1,632 statewide, top 47%, 4,915 students, 61% FRL) — zoned schools average 68% FRL vs 34% district-wide (34 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents soft (-0.3%/yr); 722 active listings in the ZIP; 36 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 13,259 units permitted in Montgomery County in 2024 (1,402 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
  • Montgomery County population projected at +65% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 119 days — a 9% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 13y ago; this cycle's ask has dropped $24k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $150,150 (9.0% below list)

Questions for the listing agent

  1. It's been on market 119 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.05%
Cap rate
7.62%
Cash-on-cash
4.73%
DSCR
1.21
GRM
8.0

CMA / ARV

ARV (median comp)
$230,779
List price
$165,000
Delta
-28.50%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
311 Harris Blvd 0.32mi 3/2.0 1,442 (-7%) 2mo $295,000 $205 72
1007 Windswept Dr 0.42mi 3/2.0 1,616 (+5%) 3mo $215,000 $133 70
606 Reverse St 0.46mi 3/2.0 1,509 (-2%) 11mo $195,000 $129 65
603 Hildred Ave 0.16mi 3/2.0 1,326 (-14%) 8mo $250,000 $189 63
308 Lilly Blvd 0.55mi 3/2.0 1,724 (+12%) 0mo $214,990 $125 55
2009 Tickner St 0.53mi 3/2.0 1,698 (+10%) 5mo $185,000 $109 55
307 Jill St 0.39mi 3/1.5 1,325 (-14%) 3mo $165,000 $125 54
2002 Willowbend St 0.53mi 3/2.0 1,712 (+11%) 7mo $215,000 $126 52
921 Chase Ct 0.73mi 2/2.0 (-1) 1,460 (-6%) 8mo $229,900 $157 45
2113 Timber Ln 0.48mi 3/2.0 1,324 (-14%) 11mo $249,990 $189 44
1110 Holly Dr 0.60mi 3/2.0 1,746 (+13%) 10mo $275,000 $158 42
201 S Woodsway St W 0.73mi 3/2.0 1,737 (+12%) 15mo $285,000 $164 33

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-12.4%
Equity multiple
0.56×
Total profit
$-20,141
Equity at exit
$24,602
10-year hold
IRR
-8.9%
Equity multiple
0.52×
Total profit
$-21,946
Equity at exit
$14,266

Cash invested: $46,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Texas
87 Strongly Landlord-Friendly · R+5
County
— inherits STATE
City
— inherits STATE
3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

ZIP-level market 77303

Home prices YoY
-22.4%
Rents YoY
-0.3%
Active inventory
722
Price-to-rent
8.0×

Monthly cashflow live

Estimated rent
$1,727 high interval (Pro) →
Mortgage (P&I)
$865
Tax from tax record
$248 /mo · $2,981/yr
Insurance
$69
HOA
$0
Vacancy / Maint / Mgmt
$363
Net cashflow
$182

Break-even live

Break-even rent $1,497
Max offer price $165,000
Occupancy floor 84%

Sensitivity live

Price -10% $276 -5% $229 +0% $182 +5% $136 +10% $89
Rent -10% $46 -5% $114 +0% $182 +5% $250 +10% $319
Rate -1.0pp $265 -0.5pp $224 base $182 +0.5pp $139 +1.0pp $96

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$41,250
Closing costs
$4,950
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 36 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2200 Plantation Dr Conroe, TX 1.0–3.0 1.0–2.0 1040 $1,798 $1.73 0d 18 0.49mi
1200 North Loop 336 W Unit 3228 Conroe, TX 3.0 2.0 1100 $1,313 $1.19 1d 1 0.59mi
1200 North Loop 336 W Unit 1233 Conroe, TX 3.0 2.0 1100 $1,353 $1.23 12d 1 0.59mi
907 Wilson Rd Conroe, TX 3.0 2.0 1295 $1,760 $1.36 46d 1 0.86mi
2507 N Frazier St Unit 122528 Conroe, TX 2.0 2.0 1326 $1,252 $0.94 46d 1 0.88mi
901 Wilson Rd Unit 934 Conroe, TX 3.0 2.0 1295 $1,513 $1.17 12d 1 0.90mi
901 Wilson Rd Unit 3228 Conroe, TX 3.0 2.0 1295 $1,473 $1.14 1d 1 0.90mi
204 Peggy St Unit PG204 Conroe, TX 3.0 2.0 1216 $1,399 $1.15 23d 1 0.90mi
113 Betty St Unit BE113 Conroe, TX 3.0 2.0 1216 $1,399 $1.15 23d 1 0.91mi
901 Wilson Rd Unit 3047 Conroe, TX 3.0 2.0 1295 $1,524 $1.18 13d 1 0.92mi
605 Kathy St Unit KA605 Conroe, TX 3.0 2.0 1216 $1,399 $1.15 16d 1 0.96mi
800 N Farm to Market 3083 Rd W Unit 2228 Conroe, TX 2.0 2.0 1151 $1,499 $1.30 1d 1 1.00mi
800 N Farm to Market 3083 Rd W Unit 833 Conroe, TX 3.0 2.0 1281 $2,197 $1.72 46d 1 1.00mi
800 N Farm to Market 3083 Rd W Unit 857 Conroe, TX 2.0 2.0 1078 $1,494 $1.39 46d 1 1.00mi
800 N Farm to Market 3083 Rd W Unit 3174 Conroe, TX 3.0 2.0 1281 $1,975 $1.54 12d 1 1.00mi
800 N Farm to Market 3083 Rd W Unit 837 Conroe, TX 2.0 2.0 1151 $1,539 $1.34 12d 1 1.00mi
800 N Farm to Market 3083 Rd W Unit 2162 Conroe, TX 2.0 2.0 1151 $1,515 $1.32 9d 1 1.00mi
800 N Farm to Market 3083 Rd W Unit 3228 Conroe, TX 3.0 2.0 1281 $1,935 $1.51 1d 1 1.00mi
800 N Farm to Market 3083 Rd W Unit 2174 Conroe, TX 2.0 2.0 1151 $1,540 $1.34 1d 1 1.00mi
1900 Westview Blvd Unit 3228 Conroe, TX 3.0 2.0 1182 $1,774 $1.50 1d 1 1.04mi
1900 Westview Blvd Unit 1933 Conroe, TX 3.0 2.0 1182 $1,814 $1.53 12d 1 1.04mi
800 N Farm to Market 3083 Rd W Unit 2047 Conroe, TX 2.0 2.0 1151 $1,550 $1.35 13d 1 1.05mi
650 Everett St Conroe, TX 3.0 3.0 1550 $1,800 $1.16 46d 1 1.06mi
1900 Westview Blvd Unit 3047 Conroe, TX 3.0 2.0 1182 $1,825 $1.54 13d 1 1.09mi
2210 Westview Blvd Conroe, TX 1.0–3.0 1.0–2.5 1145 $1,599 $1.40 1d 4 1.14mi
115 Lillian St Unit LL115 Conroe, TX 3.0 2.0 1120 $1,399 $1.25 7d 1 1.20mi
2400 Montgomery Park Blvd Conroe, TX 1.0–3.0 1.0–2.0 1265 $2,784 $2.20 0d 47 1.21mi
1945 Westview Blvd Conroe, TX 1.0–3.0 1.0–2.0 961 $1,925 $2.00 1d 15 1.22mi
2300 Montgomery Park Blvd Unit 3228 Conroe, TX 3.0 2.0 1272 $1,682 $1.32 1d 1 1.25mi
2300 Montgomery Park Blvd Unit 3047 Conroe, TX 3.0 2.0 1272 $1,733 $1.36 13d 1 1.25mi
2300 Montgomery Park Blvd Unit 2333 Conroe, TX 3.0 2.0 1272 $1,722 $1.35 12d 1 1.25mi
1515 Wilson Rd Conroe, TX 1.0–3.0 1.0–2.0 828 $1,330 $1.61 17d 31 1.30mi
2201 Montgomery Park Blvd Unit 3047 Conroe, TX 3.0 2.0 1182 $1,624 $1.37 1d 1 1.31mi
2201 Montgomery Park Blvd Unit 3228 Conroe, TX 3.0 2.0 1182 $1,573 $1.33 1d 1 1.35mi
2201 Montgomery Park Blvd Unit 2234 Conroe, TX 3.0 2.0 1182 $1,613 $1.36 12d 1 1.36mi
1840 Longmire Rd Conroe, TX 1.0–3.0 1.0–2.0 1117 $1,945 $1.74 0d 15 1.43mi

Listing history 33 events

  1. 2026-06-22
    days on market $165,000 Active 119 DOM
  2. 2026-06-21
    days on market $165,000 Active 118 DOM
  3. 2026-06-18
    days on market $165,000 Active 115 DOM
  4. 2026-06-18
    price $165,000 Active 114 DOM
  5. 2026-06-17
    pricedays on market $167,000 Active 114 DOM
  6. 2026-06-16
    days on market $170,000 Active 113 DOM
  7. 2026-06-15
    days on market $170,000 Active 112 DOM
  8. 2026-06-13
    pricedays on market $170,000 Active 110 DOM
  9. 2026-06-09
    days on market $165,000 Active 106 DOM
  10. 2026-06-08
    days on market $165,000 Active 105 DOM
  11. 2026-06-08
    price $165,000 Active 104 DOM
  12. 2026-06-07
    pricedays on market $168,000 Active 104 DOM
  13. 2026-06-04
    days on market $170,000 Active 101 DOM
  14. 2026-06-03
    days on market $170,000 Active 100 DOM
  15. 2026-06-02
    days on market $170,000 Active 99 DOM
  16. 2026-06-01
    days on market $170,000 Active 98 DOM
  17. 2026-05-31
    days on market $170,000 Active 97 DOM
  18. 2026-05-19
    price $172,000 544-char remark
    Show marketing remark (544 chars)

    Step into this charming 3-bedroom, 2-bath home in Conroe. Boasting a large private backyard, high ceilings, new roof, fenced yard, covered patio, storage building, 2-car garage, carport, modern kitchen, energy-efficient stainless steel appliances, & new windows. This gem is perfect for families or investors looking for rentals in a nice clean neighborhood. Lots of natural lighting floods the open concept layout, creating an open inviting atmosphere. Take advantage of this opportunity to buy now in the ever growing Conroe Community.

  19. 2026-04-22
    price $173,000 544-char remark
    Show marketing remark (544 chars)

    Step into this charming 3-bedroom, 2-bath home in Conroe. Boasting a large private backyard, high ceilings, new roof, fenced yard, covered patio, storage building, 2-car garage, carport, modern kitchen, energy-efficient stainless steel appliances, & new windows. This gem is perfect for families or investors looking for rentals in a nice clean neighborhood. Lots of natural lighting floods the open concept layout, creating an open inviting atmosphere. Take advantage of this opportunity to buy now in the ever growing Conroe Community.

  20. 2026-04-12
    price $175,000 544-char remark
    Show marketing remark (544 chars)

    Step into this charming 3-bedroom, 2-bath home in Conroe. Boasting a large private backyard, high ceilings, new roof, fenced yard, covered patio, storage building, 2-car garage, carport, modern kitchen, energy-efficient stainless steel appliances, & new windows. This gem is perfect for families or investors looking for rentals in a nice clean neighborhood. Lots of natural lighting floods the open concept layout, creating an open inviting atmosphere. Take advantage of this opportunity to buy now in the ever growing Conroe Community.

  21. 2026-03-28
    price $180,000 544-char remark
    Show marketing remark (544 chars)

    Step into this charming 3-bedroom, 2-bath home in Conroe. Boasting a large private backyard, high ceilings, new roof, fenced yard, covered patio, storage building, 2-car garage, carport, modern kitchen, energy-efficient stainless steel appliances, & new windows. This gem is perfect for families or investors looking for rentals in a nice clean neighborhood. Lots of natural lighting floods the open concept layout, creating an open inviting atmosphere. Take advantage of this opportunity to buy now in the ever growing Conroe Community.

  22. 2026-03-23
    price $182,000 544-char remark
    Show marketing remark (544 chars)

    Step into this charming 3-bedroom, 2-bath home in Conroe. Boasting a large private backyard, high ceilings, new roof, fenced yard, covered patio, storage building, 2-car garage, carport, modern kitchen, energy-efficient stainless steel appliances, & new windows. This gem is perfect for families or investors looking for rentals in a nice clean neighborhood. Lots of natural lighting floods the open concept layout, creating an open inviting atmosphere. Take advantage of this opportunity to buy now in the ever growing Conroe Community.

  23. 2026-03-22
    price $185,000 544-char remark
    Show marketing remark (544 chars)

    Step into this charming 3-bedroom, 2-bath home in Conroe. Boasting a large private backyard, high ceilings, new roof, fenced yard, covered patio, storage building, 2-car garage, carport, modern kitchen, energy-efficient stainless steel appliances, & new windows. This gem is perfect for families or investors looking for rentals in a nice clean neighborhood. Lots of natural lighting floods the open concept layout, creating an open inviting atmosphere. Take advantage of this opportunity to buy now in the ever growing Conroe Community.

  24. 2026-03-14
    price $187,000 544-char remark
    Show marketing remark (544 chars)

    Step into this charming 3-bedroom, 2-bath home in Conroe. Boasting a large private backyard, high ceilings, new roof, fenced yard, covered patio, storage building, 2-car garage, carport, modern kitchen, energy-efficient stainless steel appliances, & new windows. This gem is perfect for families or investors looking for rentals in a nice clean neighborhood. Lots of natural lighting floods the open concept layout, creating an open inviting atmosphere. Take advantage of this opportunity to buy now in the ever growing Conroe Community.

  25. 2026-02-23
    listed $189,000 Active 544-char remark
    Show marketing remark (544 chars)

    Step into this charming 3-bedroom, 2-bath home in Conroe. Boasting a large private backyard, high ceilings, new roof, fenced yard, covered patio, storage building, 2-car garage, carport, modern kitchen, energy-efficient stainless steel appliances, & new windows. This gem is perfect for families or investors looking for rentals in a nice clean neighborhood. Lots of natural lighting floods the open concept layout, creating an open inviting atmosphere. Take advantage of this opportunity to buy now in the ever growing Conroe Community.

  26. 2013-11-29
    historical 502-char remark
    Show marketing remark (502 chars)

    Wonderful home in Wiggins Village for 1st time home buyers, those retiring, or investment home. Close to everything. No POA or HOA fees. Open concept living area makes this a great family home. Three bedrooms with 2 baths & country kitchen. Large walk-in shower with grab bars in guest bath. Updated double pane windows. Two car garage, part is now storage area. .. can easily be converted back to 2 car spaces. Great back yard for relaxing with a storage shed, mature trees, and plenty of shade.

  27. 2013-11-27
    soldstatus
  28. 2013-11-22
    soldstatus Sold 502-char remark
    Show marketing remark (502 chars)

    Wonderful home in Wiggins Village for 1st time home buyers, those retiring, or investment home. Close to everything. No POA or HOA fees. Open concept living area makes this a great family home. Three bedrooms with 2 baths & country kitchen. Large walk-in shower with grab bars in guest bath. Updated double pane windows. Two car garage, part is now storage area. .. can easily be converted back to 2 car spaces. Great back yard for relaxing with a storage shed, mature trees, and plenty of shade.

  29. 2013-10-28
    status Pending 502-char remark
    Show marketing remark (502 chars)

    Wonderful home in Wiggins Village for 1st time home buyers, those retiring, or investment home. Close to everything. No POA or HOA fees. Open concept living area makes this a great family home. Three bedrooms with 2 baths & country kitchen. Large walk-in shower with grab bars in guest bath. Updated double pane windows. Two car garage, part is now storage area. .. can easily be converted back to 2 car spaces. Great back yard for relaxing with a storage shed, mature trees, and plenty of shade.

  30. 2013-10-18
    status Pending, Continue to Show 502-char remark
    Show marketing remark (502 chars)

    Wonderful home in Wiggins Village for 1st time home buyers, those retiring, or investment home. Close to everything. No POA or HOA fees. Open concept living area makes this a great family home. Three bedrooms with 2 baths & country kitchen. Large walk-in shower with grab bars in guest bath. Updated double pane windows. Two car garage, part is now storage area. .. can easily be converted back to 2 car spaces. Great back yard for relaxing with a storage shed, mature trees, and plenty of shade.

  31. 2013-10-11
    status Option Pending 502-char remark
    Show marketing remark (502 chars)

    Wonderful home in Wiggins Village for 1st time home buyers, those retiring, or investment home. Close to everything. No POA or HOA fees. Open concept living area makes this a great family home. Three bedrooms with 2 baths & country kitchen. Large walk-in shower with grab bars in guest bath. Updated double pane windows. Two car garage, part is now storage area. .. can easily be converted back to 2 car spaces. Great back yard for relaxing with a storage shed, mature trees, and plenty of shade.

  32. 2013-08-14
    listed $90,000 Active 502-char remark
    Show marketing remark (502 chars)

    Wonderful home in Wiggins Village for 1st time home buyers, those retiring, or investment home. Close to everything. No POA or HOA fees. Open concept living area makes this a great family home. Three bedrooms with 2 baths & country kitchen. Large walk-in shower with grab bars in guest bath. Updated double pane windows. Two car garage, part is now storage area. .. can easily be converted back to 2 car spaces. Great back yard for relaxing with a storage shed, mature trees, and plenty of shade.

  33. 1998-01-29
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

Current annual tax
$2,981 · $248/mo
Projected year-2 tax
$3,020 · $252/mo
Expected delta
+$39/yr (+$3/mo · 1.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥111°F today · 25 d/yr by 30 yrs out
  • 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$20,729
− Mortgage interest
−$9,243
− Property taxes
−$2,981
− Insurance
−$825
− Repairs & maintenance
−$1,658
− Management
−$1,658
− Depreciation
−$4,800
Taxable loss
−$436
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$105
After-tax cash flow
$2,291/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Conroe ISD
NCES district ID
4815000
Math proficiency
57% ▼ -6.00%
Reading proficiency
57% ▼ -1.00%
Median HH income
$71,541
Composite
50.65/100
National rank
#1833
State rank
#69 of 826 in TX

Livability — Conroe

Score
74/100
State rank
#169
US rank
#4447

Category grades

Amenities B Commute F Cost of living A+ Crime B- Employment B- Housing A+ Health & safety F User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Conroe, TX
County
Montgomery County · 663,713 people
City population
205,417
Metro
Houston-The Woodlands-Sugar Land, TX
Population (ZIP)
28,854
Household income
$75,348
Rent vs Own
25.8% rent · 74.2% own
Severe rent burden
464.0

Population outlook (Montgomery County) Hauer SSP2

Today (2025)
713,896 people
By 2030
805,263 · +12.8%
By 2040
992,708 · +39.1%
By 2050
1,179,590 · +65.2%
By 2075
1,628,084 · +128.1%
By 2100
1,937,880 · +171.5%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.56)
Race & ethnicity
White 54% Hispanic / Latino 38% Two or more races 17% Black 4%
Hispanic origin (detail)
Mexican 25%
Common ancestry
Lithuanian 1% Romanian 1% Slovak 1%
Foreign-born
13% · Canada, Jamaica
Languages at home
69% English-only · Spanish 31%

Political lean MEDSL · Montgomery

2024 margin
Solid R (+45.5) · D 26.8% · R 72.3%
2008→2024 swing
+7.2pp toward D · 2008: -52.7pp · 2024: -45.5pp
All cycles
2024: R+45.5 2020: R+43.8 2016: R+51.4 2012: R+60.7 2008: R+52.7

Not yet ingested

Civics

Market trends

HPI YoY
▼ -77.71%
Current HPI
269.5367
Rent YoY
▼ -0.31%
Metro
Houston-The Woodlands-Sugar Land, TX
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

+91.1% since first listed
16 events — show timeline
  • 2026-05-19 Price Changed $172,000 HARMLS
  • 2026-04-22 Price Changed $173,000 HARMLS
  • 2026-04-12 Price Changed $175,000 HARMLS
  • 2026-03-28 Price Changed $180,000 HARMLS
  • 2026-03-23 Price Changed $182,000 HARMLS
  • 2026-03-22 Price Changed $185,000 HARMLS
  • 2026-03-14 Price Changed $187,000 HARMLS
  • 2026-02-23 Listed $189,000 HARMLS
  • 2013-11-29 Listing Removed HARMLS
  • 2013-11-27 Sold (Public Records) Public Records
  • 2013-11-22 Sold (MLS) HARMLS
  • 2013-10-28 Pending HARMLS
  • 2013-10-18 Pending HARMLS
  • 2013-10-11 Pending HARMLS
  • 2013-08-14 Listed $90,000 HARMLS
  • 1998-01-29 Sold (Public Records) Public Records

Property tax history

+2.6%/yr

Latest (2025): $2,981 · -11.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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