Description
Investor special in the sought-after Rivershire community! This spacious 4-bedroom, 2.5-bath home offers 2,064 sq ft on a large lot with tons of potential for a fix-and-flip or long-term rental. Features a traditional layout with formal living and dining areas. Cosmetic updates needed include paint, flooring, kitchen and bath refresh, and light exterior work. Recent comparable sales support an ARV range of $320K$395K. 5 Windsor Dr (2,592 sq ft) sold for $320K at $123/sq ft in just 11 days. 4 Kensington Ct (2,225 sq ft) sold for $295K at $133/sq ft in 17 days. 11 Devonshire Dr (2,352 sq ft) sold for $395K at $168/sq ft. Based on these comps and a typical days on market range of 1421 days, this property is well-positioned to yield strong returns with either basic or high-end renovations. HOA is just $74/month. Conveniently located near I-45, shopping, dining, and medical centers. Don't miss this value-add opportunity in one of Conroe's most established neighborhoods!
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4BEDS
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0.17ACRES
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2BATHS
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11/2 BATHS
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2,064SQFT
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$124$/SQFT
School Information
Description
Investor special in the sought-after Rivershire community! This spacious 4-bedroom, 2.5-bath home offers 2,064 sq ft on a large lot with tons of potential for a fix-and-flip or long-term rental. Features a traditional layout with formal living and dining areas. Cosmetic updates needed include paint, flooring, kitchen and bath refresh, and light exterior work. Recent comparable sales support an ARV range of $320K$395K. 5 Windsor Dr (2,592 sq ft) sold for $320K at $123/sq ft in just 11 days. 4 Kensington Ct (2,225 sq ft) sold for $295K at $133/sq ft in 17 days. 11 Devonshire Dr (2,352 sq ft) sold for $395K at $168/sq ft. Based on these comps and a typical days on market range of 1421 days, this property is well-positioned to yield strong returns with either basic or high-end renovations. HOA is just $74/month. Conveniently located near I-45, shopping, dining, and medical centers. Don't miss this value-add opportunity in one of Conroe's most established neighborhoods!