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217 Lazy Ln, Conroe, TX, 77301

2beds
2baths
2,284sqft
$290,000
$127price/sqft
$2,366/moest. monthly cost
$94,640/yrincome needed

About This Home

Turnkey duplex generating $2,600/month in rental income. Excellent investment opportunity in the growing Conroe market. This income-producing property sits on a spacious corner lot just minutes from downtown Conroe, offering strong cash flow and long-term upside. Each unit features 2 bedrooms and 2 full bathrooms, new flooring throughout (no carpet), and updated primary bathrooms with modern walk-in showers. Both units are leased at $1,300/month ($2,600 total), providing immediate stabilized income. Each unit includes a refrigerator, washer/dryer hookups, two separate driveways, and a large backyard. Conveniently located near shopping, dining, and major highways in a high-demand rental area.

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
41
BikeSomewhat Bikeable

Schools

7/10
5/10
Conroe High SchoolGrades 9-122.6 mi

Construction

Condition

  • Year built: 1984

Materials

  • Roof: Composition
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Range,Dishwasher
  • Laundry features: Washer/Dryer Connections

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total structure area: 2,284
  • Total interior livable area: 2,284 sqft

Property

Details

  • Parcel number: 187848

Features

  • Stories: 1

Lot

  • Lot size: 9,583 sqft
  • Features: Corner Lot

Parking

  • Parking features: Paved

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Lightning
Hurricane
Heat Wave
Ice Storm

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,466$17,592
Home Insurance *$198$2,376
Property Taxes $452$5,424
Electricity $250$3,009
Total$2,366$28,392
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$81,120/yr
40% on housing$70,980/yr
45% on housing$63,093/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -2.4%
-2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$127This listing

vs Other Active Listings

Avg $/sqft

ZIP 77301$144
Montgomery County$201

vs Homes Sold Last Month

Median $/sqft

ZIP 77301$143
Montgomery County$164

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-10Price change$290,000
2025-11-07Pending sale$245,000
2025-07-07Price change$245,000
2025-07-01Pending sale$275,000
2025-05-07Price change$275,000
2025-04-11Listed for sale$290,000

For Sale by Agent

AgentJimmy Franklin
BrokerageeXp Realty LLC

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