12850 Royal Creek Rd

Conroe, TX 77303
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3 bd, 2 ba | 1,291 sqft | Built in 2020

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For Sale

Exclusive

List Price
$264,790

Initial Investment

$72,155
Pre-approval letter or proof of funds required.

$

about the purchase process.
Features

Occupancy

Occupied

Lease Start

05/02/2022

Lease End

05/01/2023

Lot Size

27,667

HOA

None

Flood Risk

Not Required

  • Recently signed lease at market rent through April, 2023
  • Newly built, farmhouse style property, reducing necessary operating costs
  • Hardwood floors
See more in Analysis

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Annual Financial Highlights

Expected Rent

$20,406

Expenses

-$3,890

Property Taxes

-$4,300

Loan Payments

-$11,377

Net Cash Flow

$838

See more in Financials

Property Characteristics

Inspection Contingency

This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
  • This property will be professionally inspected before closing.
  • You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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