12850 Royal Creek Rd
Conroe, TX 77303
List Price
$264,790
Initial Investment
$72,155$
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
Annual Financial Highlights
Expected Rent
$20,406Expenses
-$3,890Property Taxes
-$4,300Loan Payments
-$11,377Net Cash Flow
$838See 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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