Pending

$1,100,000

407 W Semands St, Conroe, TX 77301

2beds

7,200sqft

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Multi Family

Built in 1967

-- sqft lot

$-- Zestimate^®

$153/sqft

$-- HOA

What's special

Amazing Investment Opportunity in the Heart of Conroe! Don’t miss this rare chance to own two well-maintained multi-unit buildings — one with 2 units and the other with 4 units — ideally situated near shopping, dining, and major roadways. Each spacious unit features 2 bedrooms and 2.5 bathrooms, covered parking for 2 vehicles, and in-unit laundry for tenant convenience. Every unit has been beautifully renovated with quartz or granite countertops, stainless steel appliances, full-size refrigerators, and updated bathrooms. Bedrooms include walk-in closets, and each unit offers a private fenced patio perfect for outdoor enjoyment. The buildings are also wired with electronic security systems for added peace of mind. With modern finishes, thoughtful upgrades, and a prime location, this property provides strong rental demand and excellent return potential — a turnkey, tenant-ready investment opportunity you won’t want to miss!

152 days

82

5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Natural Gas

Cooling

Ceiling Fan(s), Electric

Appliances

Included: Range, ENERGY STAR Qualified Appliances, Disposal, Microwave, Dishwasher, Refrigerator
Laundry: Washer/Dryer Connections

Features

Flooring: Carpet, Laminate, Tile, Vinyl
Has fireplace: Yes
Fireplace features: Fireplace

Interior area

Total structure area: 7,200
Total interior livable area: 7,200 sqft

Property

Parking

Parking features: Carport, Two Parking Units
Has carport: Yes

Features

Stories: 2
Patio & porch: Patio
Fencing: Fenced

Lot

Size: 0.34 Acres
Features: Corner Lot

Details

Additional parcels included: 79200005000
Parcel number: 139123

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Batts Insulation, Brick, Stucco, Wood Siding
Roof: Composition

Condition

New construction: No
Year built: 1967

Utilities & green energy

Utilities for property: Separate Meters, Cable Connected, Electricity Available, Natural Gas Connected, Water Connected

Green energy

Energy efficient items: Attic Vents, Thermostat, HVAC, Exposure/Shade

Community & HOA

Community

Subdivision: Pine Hill

Location

Region: Conroe

Financial & listing details

Price per square foot: $153/sqft
Tax assessed value: $400,000
Annual tax amount: $7,452
Date on market: 1/26/2026
Listing terms: Cash,Conventional,FHA,Investor,VA Loan
Exclusions: W/D Unit 415
Lease term: 1 Year

Estimated market value

Not available

Estimated sales range

Not available

$1,399/mo

Price history

Date	Event	Price
6/16/2026	Pending sale	$1,100,000$153/sqft
Source: HAR #31322563 Report a problem
5/14/2026	Listing removed	$1,600
Source: HAR #96822971 Report a problem
2/24/2026	Price change	$1,100,000-12%$153/sqft
Source: HAR #31322563 Report a problem
2/19/2026	Listed for rent	$1,600+6.7%
Source: HAR #96822971 Report a problem
1/26/2026	Price change	$1,250,000-7.4%$174/sqft
Source: HAR #31322563 Report a problem
10/15/2025	Listed for sale	$1,350,000$188/sqft
Source: HAR #68627709 Report a problem
12/14/2024	Listing removed	$1,500-6.3%
Source: Zillow Rentals Report a problem
12/6/2024	Listed for rent	$1,600
Source: Zillow Rentals Report a problem
1/19/2023	Listing removed	--
Source: Zillow Rentals Report a problem
12/26/2022	Listed for rent	$1,600
Source: Zillow Rentals Report a problem
2/23/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
2/14/2022	Price change	$1,600-11.1%
Source: Zillow Rental Manager Report a problem
2/11/2022	Listed for rent	$1,800+157.1%
Source: Zillow Rental Manager Report a problem
8/30/2014	Listing removed	$700
Source: TexasRenters.com, LLC #29108314 Report a problem
7/31/2014	Price change	$700-6.7%
Source: TexasRenters.com, LLC #29108314 Report a problem
7/16/2014	Listed for rent	$750
Source: TexasRenters.com, LLC #29108314 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,628 +2.4%	$400,000 -10.2%
2024	$7,452 -0.3%	$445,261 +14.2%
2023	$7,474	$390,000
2022	--	$390,000 +90.1%
2021	$4,485	$205,160
2020	--	$205,160
2019	$4,681 -2.2%	$205,160
2018	$4,784 -26.3%	$205,160 -26.1%
2017	$6,494 -0.8%	$277,710 -0.8%
2016	$6,543 -19.5%	$279,810
2015	$8,131	$279,810 -18.9%
2014	$8,131	$344,940 +86.1%
2013	--	$185,380
2012	--	$185,380 -5.6%
2011	--	$196,400 +21.3%
2010	--	$161,890
2009	--	$161,890 -16.8%
2008	--	$194,510 +3.1%
2007	--	$188,610
2006	--	$188,610 +19.1%
2005	--	$158,380 -2.2%
2004	--	$162,000
2002	--	$162,000
2001	--	$162,000

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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