NOT LISTED FOR SALE

775 Gandy Rd Conroe, TX 77303

Estimated Value: $308,000 - $322,000

2 Beds
2 Baths
1,088 Sq Ft
$291/Sq Ft Est. Value

Last Sold December 20, 2024

Current estimated payment $2,024/month

50 Days on Market

Highlights

  • 3.9 Acre Lot
  • No Heating
  • 1-Story Property
  • Central Air

About This Home

As of December 2024

3.9-acre property with NO RESTRICTIONS. Perfect for buyer looking to create a MULTIFAMILY RENTAL or INCOME-GENERATING PROPERTY. W/ 4 SEPARATE ELECTRIC METERS, this property is ready for those seeking flexibility and long-term value. The two-story home features SEPARATE ENTRANCES FOR EACH LEVEL, easy to accommodate multiple tenants. There are also 2 RV PAD SITES with water hookups, WELL WATER, and a NEW SEPTIC TANK already in place. Land includes 29,000 SQ FT OF STABILIZED CRUSHED CONCRETE, providing a strong foundation for further development or expansion. There is also a MOBILE HOME ON SITE, which needs some TLC but offers even more rental potential. Located off Highway 105 E, this property offers quick access to Conroe, with the city center only 10 min. away. With a LOW TAX RATE, ample space, and multiple income-generating possibilities, 775 Gandy Rd is an excellent investment for those looking to expand their rental portfolio. Schedule a tour today and explore the opportunities!

Last Agent to Sell the Property

Erica Gutierrez

AEA Realty, LLC License #0664436 Listed on: 10/24/2024

Co-Listed By

Jonathan Gutierrez

AEA Realty, LLC License #0707177

Last Buyer's Agent

Valerie Chartier

LMW Property Management License #0791920

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,389

Year Built

  • Built in 1993

Lot Details

  • 3.9

Interior Spaces

  • 1,088 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Bartlett Elementary School
  • Stockton Junior High School
  • Conroe High School

Utilities

  • Central Air
  • No Heating
  • Septic Tank

Additional Features

  • 3.9 Acre Lot
  • Mobile Home Allowed

Community Details

  • Abstract Area 20 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,389

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Prop. Type: Farm
  • Building Stories: 1
  • Year Built: 1993
  • Lot Size Acres: 3.9
  • Road Frontage Type: None
  • Road Surface Type: Gravel
  • Co List Office Mls Id: RAEA01
  • Co List Office Phone: 281-317-0019
  • Subdivision Name: Abstract Area 20 (Northeast Conroe)
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Structure Type: House
  • UniversalParcelId: urn:reso:upi:2.0:US:48339:0162-03-90900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1088.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Exclusions Disclosure, Seller Disclosure
  • Lot Features: Mobile Home Allowed
  • Pool Private: No

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Septic Tank

Schools

  • Elementary School: BARTLETT ELEMENTARY (CONROE)
  • Junior High Dist: 11 - Conroe
  • High School: CONROE HIGH SCHOOL
  • Middle Or Junior School: STOCKTON JUNIOR HIGH SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4389.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2024
Closed on
Dec 20, 2024
Sold by
Galuppo Investments Llc
Bought by
Hostetter Real Estate Services Llc
Seller's Agent
Erica Gutierrez
AEA Realty, LLC
Buyer's Agent
Valerie Chartier
LMW Property Management
List Price
$350,000
Views
2
Current Estimated Value
$316,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.53%

Purchase Details

Listed on
Jul 19, 2022
Closed on
Oct 19, 2022
Sold by
Gerhart Robert Grant
Bought by
Galuppo Investments Llc
Seller's Agent
Lisa Weatherby
LMW Property Management
Buyer's Agent
Erica Gutierrez
AEA Realty, LLC
List Price
$349,900
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.28%
Original Mortgage
$200,000
Interest Rate
5.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 1, 2018
Sold by
Tschoepe Sue Hill
Bought by
Gerhart Robert Grant

Purchase Details

Closed on
Apr 8, 2010
Sold by
Nixon Family Partnership Lp
Bought by
Cook Sue H and Cook Donald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,550
Interest Rate
4.96%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 20, 2008
Sold by
Lyssy Keelley and Rogers Keeley Preece
Bought by
Nixon Family Partnership Lp

Purchase Details

Closed on
Nov 9, 2004
Sold by
Meyer Nancy R
Bought by
Tschoepe Sue Hill
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hostetter Real Estate Services Llc -- American Title Company
Galuppo Investments Llc -- American Title Company
Gerhart Robert Grant -- None Available
Cook Sue H -- Ortc
Tschoepe Sue Hill -- --
Nixon Family Partnership Lp -- Old Republic Title
Tschoepe Sue Hill -- --
Lyssy Keelley -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Galuppo Investments Llc $200,000
Previous Owner Tschoepe Sue Hill $58,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2024 12/20/24 Sold -- -- --
12/13/2024 12/13/24 Pending -- -- --
12/13/2024 12/13/24 For Sale $350,000 0.0% $322 / Sq Ft
11/01/2024 11/01/24 Pending -- -- --
10/24/2024 10/24/24 For Sale $350,000 +6.1% $322 / Sq Ft
10/23/2022 10/23/22 Sold -- -- -- View Prior Sale
10/18/2022 10/18/22 Pending -- -- --
08/10/2022 08/10/22 Price Changed $329,900 -5.7% $441 / Sq Ft
07/19/2022 07/19/22 For Sale $349,900 -- $468 / Sq Ft
Source: Houston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,384 $288,091 $195,000 $93,091
2024 $4,376 $276,433 $195,000 $81,433
2023 $4,376 $275,630 $195,000 $80,630
2022 $4,802 $275,650 $195,000 $80,650
2021 $3,773 $204,070 $136,500 $67,570
2020 $3,980 $204,700 $136,500 $68,200
2019 $2,314 $114,880 $54,600 $60,280
2018 $1,424 $115,250 $54,600 $60,650
2017 $2,336 $115,590 $54,600 $60,990
2016 $2,343 $115,910 $54,600 $61,310
2015 $1,569 $82,410 $25,350 $57,060
2014 $1,569 $77,070 $25,350 $51,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 59971072

Houston Association of REALTORS®

APN: 0162-03-90900