18130 WHISPERING PINES DR

CONROE, TX 77302
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3 bd, 2 ba | 1,842 sqft | Built in 1974

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List Price
$192,800

Initial Investment

$52,538

Purchase Price

$192,800

Down Payment

25%

Rent

$1,990

Total Return

$80,727

Annualized Return

22.6%

Cap Rate

7.9%

Gross Yield

12.4%

Cash Flow

$3,850

Appreciation

5.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

19,889

HOA

$4/mo

Flood Risk

Not Required

Nice, quiet, established neighborhood with a country feel. Almost 1/2 acre corner lot with easy access to I45, I69 and 99! New Roof in 2023, New AC in 2022, Recent Paint in Oct 2024, Privacy/shade screens on long, covered concrete porch, New back doors in Oct 2024, Full propane tank, Garage has been converted into game room/or 4th bedroom.

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NEIGHBORHOOD

SCHOOLS

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Ariana White
EXP Realty, LLC
TX Agent License #714146

Annual Financial Highlights

Expected Rent

$22,686

Expenses

-$4,854

Property Taxes

-$3,500

Loan Payments

-$10,482

Net Cash Flow

$3,850

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:N. Roxanne Silva
Agent License 0507832
Realty Associates
Certified Agent Brokerage:Ariana White
EXP Realty, LLC
TX Brokerage License 603392
SourceHouston Association of REALTORS®
MLS #98628580
Last Updated: 03/23/2025 01:03
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