12203 Ridge Top Dr · Conroe, TX 77304

$264,990

3 bd · 2.5 ba · 1,808 sqft · Land · 62 Days on market

Built 2025 5,200 sqft lot $66/mo HOA · 3% of rent ↓ 14% since listing

---

Why this score? — see what drove the D- 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 +11.5/30.0
• ARV discount +7.5/15.0
• Schools +5.1/10.0
• Livability +3.7/5.0
• DSCR +3.4/10.0
• 1% rule +2.5/10.0
• Condition / age +2.5/5.0
• Rent growth +2.1/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Step into 1,792 sq. ft. of thoughtfully designed comfort and style with this beautiful 3-bedroom, 2.5-bath home. Built with the popular King floor plan, this two-story home offers a smart layout that blends functionality with modern elegance. The spacious open-concept living area provides the perfect setting for both everyday living and entertaining, seamlessly connecting to a modern in-line kitchen that's as practical as it is stylish. The kitchen features Café Nero countertops paired with warm Durango Beech cabinets, offering a sophisticated look and ample storage space. Throughout the home, you'll find upgraded touches that enhance the overall living experience, including luxury vinyl plank flooring that adds durability. The primary suite is a true retreat, with a private ensuite bath that includes a second sink for added convenience. The home also features a striking 4-lite contemporary front door and an impressive 8-foot entry door that creates a bold and welcoming first impression. Step outside to your covered patio, the perfect spot to relax, entertain, or enjoy quiet evenings outdoors. Complete with a 2-car garage, this home delivers the ideal combination of style, comfort, and practicality. Don't miss your chance to make this beautiful King floor plan yours-schedule your tour today!

Key facts

• 5,200 sq ft lot
• 2 garage spots
• Built 2025

Tags

• OPEN-CONCEPT LIVING AREA
• MODERN IN-LINE KITCHEN
• CAFÉ NERO COUNTERTOPS
• DURANGO BEECH CABINETS
• LUXURY VINYL PLANK FLOORING
• SECOND SINK IN PRIMARY BATH

Property features AI

Finance

• Financial info: Association fee: $790 annually
• HOA & community: Association: CIA Services; Annual association fee

Exterior

• Parking: 2-car garage (attached)
• Security: Prewired for security; Owned security system; Smoke detectors
• Utilities: Public water; Public sewer
• Home design: Residential property; New construction; Faces south; Slab foundation
• Construction: Built 2025; Brick, cement siding and stone exterior; Composition roof
• Exterior features: Covered patio; Patio; Deck; Fence (back yard); Sprinkler/irrigation; Tennis court(s); Subdivision setting; Concrete road surface

Interior

• Kitchen: Dishwasher; Electric oven; Gas cooktop; Disposal; Microwave; ENERGY STAR qualified appliances
• Bedrooms: Primary bedroom (First level) — 12x15; Bedroom (Second level) — 11x10; Bedroom (Second level) — 11x10; Game room (Second level) — 16x10; Family room (First level) — 20x16
• Flooring: Carpet; Plank; Tile; Vinyl
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Central heating (Gas); Central electric air conditioning
• Interior features: Double vanity; Granite counters; Kitchen island; Kitchen/family room combo; Primary bedroom with bath; Pantry; Separate shower; Tub with shower; Walk-in pantry; Ceiling fans; Programmable thermostat; Low emissivity windows
• Laundry & utility: Washer hookup; Electric dryer hookup; Gas dryer hookup

🏗️ New construction. Builder plan / spec listing (the home may be to-be-built); metrics use comparable previous sales.

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath land listed at $265k.

Deal economics

• At list price, monthly cash flow is $-89 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $249k (5.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $199k (24.9% below list).
• Recommended offer: $199k (24.9% below list) — sets the bar for 1% rule.
• Cap rate 5.9% 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: Gordon-Reed El (586 students, 47% 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 56% FRL vs 34% district-wide (21 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 44% at this address vs 57% district-wide (-12 pts) — the specific schools serving this property underperform the Conroe ISD average; the district grade overstates school quality for this exact location.
• Market conditions: Rents soft (-1.6%/yr); 756 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 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 $2k of loan paydown is wiped out by about $8k 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 62 days — a 6% lower offer ($249k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Recommended offer $199,001 (24.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 62 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. 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: 0.75% ✗
• Cap rate: 5.89%
• Cash-on-cash: -1.44%
• DSCR: 0.94
• GRM: 11.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -21.8%
• Equity multiple: 0.27×
• Total profit: $-54,509
• Equity at exit: $39,511

10-year hold

• IRR: -24.0%
• Equity multiple: -0.05×
• Total profit: $-77,599
• Equity at exit: $22,911

Cash invested: $74,197 (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.

Methodology + full state rankings →

ZIP-level market 77304

• Home prices YoY: -29.3%
• Rents YoY: -1.6%
• Active inventory: 756
• Price-to-rent: 11.1×

Monthly cashflow live

• Estimated rent: $1,990 high
• Mortgage (P&I): −$1,390
• Tax from tax record: −$95 /mo · $1,140/yr
• Insurance: −$110
• HOA: −$66
• Vacancy / Maint / Mgmt: −$418
• Net cashflow: $-89

Break-even live

Break-even rent $2,103

Max offer price $249,283

Occupancy floor 99%

Sensitivity live

Price	-10% $61	-5% $-14	+0% $-89	+5% $-164	+10% $-239
Rent	-10% $-246	-5% $-168	+0% $-89	+5% $-10	+10% $68
Rate	-1.0pp $45	-0.5pp $-22	base $-89	+0.5pp $-158	+1.0pp $-227

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: $66,248
• Closing costs: $7,950
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
12093 La Salle Br Conroe, TX	3.0	2.5	2062	$1,875	$0.91	7d	1	0.56mi
12317 Delta Timber Rd Conroe, TX	4.0	2.5	2273	$2,099	$0.92	7d	1	0.75mi
7711 Longmire Rd Conroe, TX	2.0–3.0	2.0–2.5	1451	$2,750	$1.90	3d	67	0.87mi
12118 Black Sage Ct Conroe, TX	3.0	2.0	1661	$2,250	$1.35	45d	1	1.34mi
11506 Castle Nugent Ct Conroe, TX	3.0	2.0	1704	$1,746	$1.02	24d	1	1.41mi
4955 W Davis St Conroe, TX	3.0	2.0	1311	$1,650	$1.26	45d	1	1.48mi

HOA detail

• Monthly dues: $66 · $792/yr

Listing history 40 events

1. 2026-06-21
   days on market $264,990 Active 62 DOM
2. 2026-06-18
   days on market $264,990 Active 59 DOM
3. 2026-06-17
   days on market $264,990 Active 58 DOM
4. 2026-06-16
   days on market $264,990 Active 57 DOM
5. 2026-06-15
   days on market $264,990 Active 56 DOM
6. 2026-06-13
   days on market $264,990 Active 54 DOM
7. 2026-06-09
   days on market $264,990 Active 50 DOM
8. 2026-06-08
   days on market $264,990 Active 49 DOM
9. 2026-06-07
   days on market $264,990 Active 48 DOM
10. 2026-06-04
    days on market $264,990 Active 45 DOM
11. 2026-06-03
    days on market $264,990 Active 44 DOM
12. 2026-06-02
    days on market $264,990 Active 43 DOM
13. 2026-06-01
    days on market $264,990 Active 42 DOM
14. 2026-05-31
    days on market $264,990 Active 41 DOM
15. 2026-05-14
    price $264,990 1319-char remark

    Show marketing remark (1319 chars)

    Step into 1,792 sq. ft. of thoughtfully designed comfort and style with this beautiful 3-bedroom, 2.5-bath home. Built with the popular King floor plan, this two-story home offers a smart layout that blends functionality with modern elegance. The spacious open-concept living area provides the perfect setting for both everyday living and entertaining, seamlessly connecting to a modern in-line kitchen that's as practical as it is stylish. The kitchen features Café Nero countertops paired with warm Durango Beech cabinets, offering a sophisticated look and ample storage space. Throughout the home, you'll find upgraded touches that enhance the overall living experience, including luxury vinyl plank flooring that adds durability. The primary suite is a true retreat, with a private ensuite bath that includes a second sink for added convenience. The home also features a striking 4-lite contemporary front door and an impressive 8-foot entry door that creates a bold and welcoming first impression. Step outside to your covered patio, the perfect spot to relax, entertain, or enjoy quiet evenings outdoors. Complete with a 2-car garage, this home delivers the ideal combination of style, comfort, and practicality. Don't miss your chance to make this beautiful King floor plan yours-schedule your tour today!

16. 2026-05-13
    price $264,990 634-char remark
17. 2026-05-02
    price $269,990 1319-char remark

    Show marketing remark (1319 chars)

    Step into 1,792 sq. ft. of thoughtfully designed comfort and style with this beautiful 3-bedroom, 2.5-bath home. Built with the popular King floor plan, this two-story home offers a smart layout that blends functionality with modern elegance. The spacious open-concept living area provides the perfect setting for both everyday living and entertaining, seamlessly connecting to a modern in-line kitchen that's as practical as it is stylish. The kitchen features Café Nero countertops paired with warm Durango Beech cabinets, offering a sophisticated look and ample storage space. Throughout the home, you'll find upgraded touches that enhance the overall living experience, including luxury vinyl plank flooring that adds durability. The primary suite is a true retreat, with a private ensuite bath that includes a second sink for added convenience. The home also features a striking 4-lite contemporary front door and an impressive 8-foot entry door that creates a bold and welcoming first impression. Step outside to your covered patio, the perfect spot to relax, entertain, or enjoy quiet evenings outdoors. Complete with a 2-car garage, this home delivers the ideal combination of style, comfort, and practicality. Don't miss your chance to make this beautiful King floor plan yours-schedule your tour today!

18. 2026-04-30
    price $269,990 634-char remark
19. 2026-04-20
    listed $274,990 Active 634-char remark
20. 2026-04-20
    historical
21. 2026-03-22
    price $274,990 1319-char remark

    Show marketing remark (1319 chars)

    Step into 1,792 sq. ft. of thoughtfully designed comfort and style with this beautiful 3-bedroom, 2.5-bath home. Built with the popular King floor plan, this two-story home offers a smart layout that blends functionality with modern elegance. The spacious open-concept living area provides the perfect setting for both everyday living and entertaining, seamlessly connecting to a modern in-line kitchen that's as practical as it is stylish. The kitchen features Café Nero countertops paired with warm Durango Beech cabinets, offering a sophisticated look and ample storage space. Throughout the home, you'll find upgraded touches that enhance the overall living experience, including luxury vinyl plank flooring that adds durability. The primary suite is a true retreat, with a private ensuite bath that includes a second sink for added convenience. The home also features a striking 4-lite contemporary front door and an impressive 8-foot entry door that creates a bold and welcoming first impression. Step outside to your covered patio, the perfect spot to relax, entertain, or enjoy quiet evenings outdoors. Complete with a 2-car garage, this home delivers the ideal combination of style, comfort, and practicality. Don't miss your chance to make this beautiful King floor plan yours-schedule your tour today!

22. 2026-03-18
    price $274,990
23. 2026-02-23
    listed $279,990 Active
24. 2026-02-23
    historical
25. 2025-11-11
    listed $279,990 Active
26. 2025-11-11
    historical
27. 2025-08-31
    price $279,990 1319-char remark

    Show marketing remark (1319 chars)

    Step into 1,792 sq. ft. of thoughtfully designed comfort and style with this beautiful 3-bedroom, 2.5-bath home. Built with the popular King floor plan, this two-story home offers a smart layout that blends functionality with modern elegance. The spacious open-concept living area provides the perfect setting for both everyday living and entertaining, seamlessly connecting to a modern in-line kitchen that's as practical as it is stylish. The kitchen features Café Nero countertops paired with warm Durango Beech cabinets, offering a sophisticated look and ample storage space. Throughout the home, you'll find upgraded touches that enhance the overall living experience, including luxury vinyl plank flooring that adds durability. The primary suite is a true retreat, with a private ensuite bath that includes a second sink for added convenience. The home also features a striking 4-lite contemporary front door and an impressive 8-foot entry door that creates a bold and welcoming first impression. Step outside to your covered patio, the perfect spot to relax, entertain, or enjoy quiet evenings outdoors. Complete with a 2-car garage, this home delivers the ideal combination of style, comfort, and practicality. Don't miss your chance to make this beautiful King floor plan yours-schedule your tour today!

28. 2025-08-30
    price $279,990
29. 2025-08-10
    price $284,990 1319-char remark

    Show marketing remark (1319 chars)

    Step into 1,792 sq. ft. of thoughtfully designed comfort and style with this beautiful 3-bedroom, 2.5-bath home. Built with the popular King floor plan, this two-story home offers a smart layout that blends functionality with modern elegance. The spacious open-concept living area provides the perfect setting for both everyday living and entertaining, seamlessly connecting to a modern in-line kitchen that's as practical as it is stylish. The kitchen features Café Nero countertops paired with warm Durango Beech cabinets, offering a sophisticated look and ample storage space. Throughout the home, you'll find upgraded touches that enhance the overall living experience, including luxury vinyl plank flooring that adds durability. The primary suite is a true retreat, with a private ensuite bath that includes a second sink for added convenience. The home also features a striking 4-lite contemporary front door and an impressive 8-foot entry door that creates a bold and welcoming first impression. Step outside to your covered patio, the perfect spot to relax, entertain, or enjoy quiet evenings outdoors. Complete with a 2-car garage, this home delivers the ideal combination of style, comfort, and practicality. Don't miss your chance to make this beautiful King floor plan yours-schedule your tour today!

30. 2025-08-08
    price $284,990
31. 2025-06-18
    status Active 1319-char remark

    Show marketing remark (1319 chars)

    Step into 1,792 sq. ft. of thoughtfully designed comfort and style with this beautiful 3-bedroom, 2.5-bath home. Built with the popular King floor plan, this two-story home offers a smart layout that blends functionality with modern elegance. The spacious open-concept living area provides the perfect setting for both everyday living and entertaining, seamlessly connecting to a modern in-line kitchen that's as practical as it is stylish. The kitchen features Café Nero countertops paired with warm Durango Beech cabinets, offering a sophisticated look and ample storage space. Throughout the home, you'll find upgraded touches that enhance the overall living experience, including luxury vinyl plank flooring that adds durability. The primary suite is a true retreat, with a private ensuite bath that includes a second sink for added convenience. The home also features a striking 4-lite contemporary front door and an impressive 8-foot entry door that creates a bold and welcoming first impression. Step outside to your covered patio, the perfect spot to relax, entertain, or enjoy quiet evenings outdoors. Complete with a 2-car garage, this home delivers the ideal combination of style, comfort, and practicality. Don't miss your chance to make this beautiful King floor plan yours-schedule your tour today!

32. 2025-06-15
    historical 1319-char remark

    Show marketing remark (1319 chars)

    Step into 1,792 sq. ft. of thoughtfully designed comfort and style with this beautiful 3-bedroom, 2.5-bath home. Built with the popular King floor plan, this two-story home offers a smart layout that blends functionality with modern elegance. The spacious open-concept living area provides the perfect setting for both everyday living and entertaining, seamlessly connecting to a modern in-line kitchen that's as practical as it is stylish. The kitchen features Café Nero countertops paired with warm Durango Beech cabinets, offering a sophisticated look and ample storage space. Throughout the home, you'll find upgraded touches that enhance the overall living experience, including luxury vinyl plank flooring that adds durability. The primary suite is a true retreat, with a private ensuite bath that includes a second sink for added convenience. The home also features a striking 4-lite contemporary front door and an impressive 8-foot entry door that creates a bold and welcoming first impression. Step outside to your covered patio, the perfect spot to relax, entertain, or enjoy quiet evenings outdoors. Complete with a 2-car garage, this home delivers the ideal combination of style, comfort, and practicality. Don't miss your chance to make this beautiful King floor plan yours-schedule your tour today!

33. 2025-06-11
    price $294,990 1319-char remark

    Show marketing remark (1319 chars)

    Step into 1,792 sq. ft. of thoughtfully designed comfort and style with this beautiful 3-bedroom, 2.5-bath home. Built with the popular King floor plan, this two-story home offers a smart layout that blends functionality with modern elegance. The spacious open-concept living area provides the perfect setting for both everyday living and entertaining, seamlessly connecting to a modern in-line kitchen that's as practical as it is stylish. The kitchen features Café Nero countertops paired with warm Durango Beech cabinets, offering a sophisticated look and ample storage space. Throughout the home, you'll find upgraded touches that enhance the overall living experience, including luxury vinyl plank flooring that adds durability. The primary suite is a true retreat, with a private ensuite bath that includes a second sink for added convenience. The home also features a striking 4-lite contemporary front door and an impressive 8-foot entry door that creates a bold and welcoming first impression. Step outside to your covered patio, the perfect spot to relax, entertain, or enjoy quiet evenings outdoors. Complete with a 2-car garage, this home delivers the ideal combination of style, comfort, and practicality. Don't miss your chance to make this beautiful King floor plan yours-schedule your tour today!

34. 2025-06-05
    price $294,990
35. 2025-05-21
    price $299,990 1319-char remark

    Show marketing remark (1319 chars)

    Step into 1,792 sq. ft. of thoughtfully designed comfort and style with this beautiful 3-bedroom, 2.5-bath home. Built with the popular King floor plan, this two-story home offers a smart layout that blends functionality with modern elegance. The spacious open-concept living area provides the perfect setting for both everyday living and entertaining, seamlessly connecting to a modern in-line kitchen that's as practical as it is stylish. The kitchen features Café Nero countertops paired with warm Durango Beech cabinets, offering a sophisticated look and ample storage space. Throughout the home, you'll find upgraded touches that enhance the overall living experience, including luxury vinyl plank flooring that adds durability. The primary suite is a true retreat, with a private ensuite bath that includes a second sink for added convenience. The home also features a striking 4-lite contemporary front door and an impressive 8-foot entry door that creates a bold and welcoming first impression. Step outside to your covered patio, the perfect spot to relax, entertain, or enjoy quiet evenings outdoors. Complete with a 2-car garage, this home delivers the ideal combination of style, comfort, and practicality. Don't miss your chance to make this beautiful King floor plan yours-schedule your tour today!

36. 2025-05-20
    price $299,990
37. 2025-05-06
    price $289,990 1319-char remark

    Show marketing remark (1319 chars)

    Step into 1,792 sq. ft. of thoughtfully designed comfort and style with this beautiful 3-bedroom, 2.5-bath home. Built with the popular King floor plan, this two-story home offers a smart layout that blends functionality with modern elegance. The spacious open-concept living area provides the perfect setting for both everyday living and entertaining, seamlessly connecting to a modern in-line kitchen that's as practical as it is stylish. The kitchen features Café Nero countertops paired with warm Durango Beech cabinets, offering a sophisticated look and ample storage space. Throughout the home, you'll find upgraded touches that enhance the overall living experience, including luxury vinyl plank flooring that adds durability. The primary suite is a true retreat, with a private ensuite bath that includes a second sink for added convenience. The home also features a striking 4-lite contemporary front door and an impressive 8-foot entry door that creates a bold and welcoming first impression. Step outside to your covered patio, the perfect spot to relax, entertain, or enjoy quiet evenings outdoors. Complete with a 2-car garage, this home delivers the ideal combination of style, comfort, and practicality. Don't miss your chance to make this beautiful King floor plan yours-schedule your tour today!

38. 2025-05-05
    price $289,990
39. 2025-05-03
    listed $306,750 Active 1319-char remark

    Show marketing remark (1319 chars)

    Step into 1,792 sq. ft. of thoughtfully designed comfort and style with this beautiful 3-bedroom, 2.5-bath home. Built with the popular King floor plan, this two-story home offers a smart layout that blends functionality with modern elegance. The spacious open-concept living area provides the perfect setting for both everyday living and entertaining, seamlessly connecting to a modern in-line kitchen that's as practical as it is stylish. The kitchen features Café Nero countertops paired with warm Durango Beech cabinets, offering a sophisticated look and ample storage space. Throughout the home, you'll find upgraded touches that enhance the overall living experience, including luxury vinyl plank flooring that adds durability. The primary suite is a true retreat, with a private ensuite bath that includes a second sink for added convenience. The home also features a striking 4-lite contemporary front door and an impressive 8-foot entry door that creates a bold and welcoming first impression. Step outside to your covered patio, the perfect spot to relax, entertain, or enjoy quiet evenings outdoors. Complete with a 2-car garage, this home delivers the ideal combination of style, comfort, and practicality. Don't miss your chance to make this beautiful King floor plan yours-schedule your tour today!

40. 2025-04-21
    listed $306,750 Active

ⓘ 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: $1,140 · $95/mo
• Projected year-2 tax: $4,849 · $404/mo
• Expected delta: +$3,710/yr (+$309/mo · 325.5%)

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

Taxation est. · year 1

• Rental income: $23,880
• − Mortgage interest: −$14,844
• − Property taxes: −$1,140
• − Insurance: −$1,325
• − Repairs & maintenance: −$1,910
• − Management: −$1,910
• − HOA: −$792
• − Depreciation: −$7,709
• Taxable loss: −$5,750
• Est. tax savings @ 24.0%: +$1,380
• After-tax cash flow: $313/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): 44,225
• Household income: $80,425
• Rent vs Own: 42.8% rent · 57.2% own
• Severe rent burden: 2233.0

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: Predominantly White (67%)
• Race & ethnicity: White 67% Hispanic / Latino 16% Black 11% Two or more races 8% Asian 4%
• Hispanic origin (detail): Mexican 12%
• Common ancestry: Lithuanian 4% Italian 2% Romanian 2%
• Foreign-born: 10% · Canada, Vietnam
• Languages at home: 85% English-only · Spanish 10% Other Indo-European 1% Tagalog/Filipino 1%

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: ▼ -87.02%
• Current HPI: 209.516
• Rent YoY: ▼ -1.65%
• 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
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

-13.6% since first listed

26 events — show timeline

• 2026-05-14 Price Changed $264,990 Zillow
• 2026-05-13 Price Changed $264,990 HARMLS
• 2026-05-02 Price Changed $269,990 Zillow
• 2026-04-30 Price Changed $269,990 HARMLS
• 2026-04-20 Listing Removed — HARMLS
• 2026-04-20 Listed $274,990 HARMLS
• 2026-03-22 Price Changed $274,990 Zillow
• 2026-03-18 Price Changed $274,990 HARMLS
• 2026-02-23 Listing Removed — HARMLS
• 2026-02-23 Listed $279,990 HARMLS
• 2025-11-11 Listing Removed — HARMLS
• 2025-11-11 Listed $279,990 HARMLS
• 2025-08-31 Price Changed $279,990 Zillow
• 2025-08-30 Price Changed $279,990 HARMLS
• 2025-08-10 Price Changed $284,990 Zillow
• 2025-08-08 Price Changed $284,990 HARMLS
• 2025-06-18 Relisted — Zillow
• 2025-06-15 Delisted — Zillow
• 2025-06-11 Price Changed $294,990 Zillow
• 2025-06-05 Price Changed $294,990 HARMLS
• 2025-05-21 Price Changed $299,990 Zillow
• 2025-05-20 Price Changed $299,990 HARMLS
• 2025-05-06 Price Changed $289,990 Zillow
• 2025-05-05 Price Changed $289,990 HARMLS
• 2025-05-03 Listed $306,750 Zillow
• 2025-04-21 Listed $306,750 HARMLS