16432 Hill Country Dr

Conroe, TX 77302
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3 bd, 2 ba | 1,568 sqft | Built in 2002

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List Price
$188,000

Initial Investment

$51,230

Purchase Price

$188,000

Down Payment

25%

Rent

$1,660

Total Return

$65,445

Annualized Return

18.6%

Cap Rate

6.5%

Gross Yield

10.6%

Cash Flow

$1,234

Appreciation

5.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

17,890

HOA

$33/mo

Flood Risk

Not Required

Updated 3/2 on an OVERSIZED Corner lot with a newer roof! This tastefully updated charming home offers fantastic flow from room to room with a semi-open floorplan and great sight-lines throughout! The split floorplan offers privacy for the primary bedroom from the secondary bedrooms and has family space in between. Freshly painted and remodeled with new designer light fixtures and hardware. The kitchen is light and bright and has plenty of space with a nice oversized island in the middle. The primary bedroom boasts a large closet and an oversized corner soaking tub with an adjacent Renovated shower. This is a lovely family-friendly neighborhood with a Central Park and Playground behind the community fire department. Easily bike or walk around this quiet neighborhood nestled amongst the mature trees. The community is adjacent to The Woodlands amenities and just minutes from great shopping, restaurants, grocery stores and more. LOW tax rate & HOA! Ask agent about qualifying low rates.

See more in Analysis
Fred McDaniel
Realty ONE Group Iconic
TX Agent License #573495

Annual Financial Highlights

Expected Rent

$18,924

Expenses

-$4,069

Property Taxes

-$3,400

Loan Payments

-$10,221

Net Cash Flow

$1,234

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

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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Listing Courtesy of:Genevieve Rowland
Agent License 0625834
Keller Williams Memorial
Certified Agent Brokerage:Fred McDaniel
Realty ONE Group Iconic
TX Brokerage License 9003340
SourceHouston Association of REALTORS®
MLS #42039343
Last Updated: 08/14/2025 13:08
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