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Live-Work Office Property

408 Wilson Rd Conroe, TX 77301

408 Wilson Rd, Conroe, TX, 77301
Contact for pricing
For Sale
Contact for pricing

Recently renovated live-work property with paved parking and a spacious backyard on an 11,000+ square-foot lot.

Property Size2,100 SF
Lot Size0.25 Acres
Price / SF$189.52
Days on Market129

Property Features for 408 Wilson Rd

General Information

Standard status
Active
Size
2,100 SF
Lot size
0.25 Acres
Property subtype
OFFICE
Listing agency eXp Realty
Listed by Bill Smith · License #291078
Source Moodyscre
Added: Mar 16 Updated: Jul 22 at 5:54AM Checked: Jul 22 at 5:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty


Investment Insights

Based on property information with market context.

This recently renovated live-work property includes a flexible interior that has most recently operated as a commercial office and previously as a salon. The home sits on an 11,000+ square-foot lot and features a spacious backyard with room for potential expansion, along with a paved parking area designed to support both residential and commercial needs.

The property is located in Conroe and is described as being less than 1 mile from I-45, with close proximity to the Montgomery County Courthouse and Downtown Conroe Square. Easy access to The Woodlands, Houston, and surrounding communities is also noted in the remarks.

With its on-site outdoor space and paved parking, the property may fit buyers seeking a combined live and work configuration, supported by recent renovations and a layout accommodating office use.

Key Highlights

  • Recently renovated 2,100 SF live‑work property in Conroe with flexible residential or commercial use
  • Over 11,000 SF lot with a spacious backyard for expansion or customization
  • Paved parking area sized for residential and commercial needs

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $42.1k $20.04
− Vacancy −$9.3k −$4.41
EGI $32.8k $15.63
− OpEx −$8.2k −$3.91
NOI $24.6k $11.72
2,100 SF · lease $20.04/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$351.7K
$307.7K – $410.3K (±1% cap)
NOI $24,619 @ 7.0% cap · market cap 6.19%
Second Best
Mixed Use
$310.5K
$271.7K – $362.3K (±1% cap)
NOI $21,735 @ 7.0% cap · market cap 5.46%
Theoretical Best
Specialty Retail
$530.2K
$463.9K – $618.5K (±1% cap)
NOI $37,111 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

BesPoke Blow Dry ... Hair Salon Fox Cheryl Insurance Insurance Agency Hicks Fire Determination Law Firm

Suggested Use

Real Estate Agency Cafe & Coffee Shop Storage Facility (Bike/Boat/Book/etc) Store Butcher Locksmith Acupuncture (Bike/Boat/Book/etc) Store Catering Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Live-work space - Recently renovated live-work property with paved parking and a spacious backyard on an 11,000+ square-foot lot.
Where is this live-work space located?
The property is located at 408 Wilson Rd Conroe, TX.
What is the asking price?
The asking price for this property is $398,000.
What are key features of this property?
This property features: Recently renovated 2,100 SF live‑work property in Conroe with flexible residential or commercial use; Over 11,000 SF lot with a spacious backyard for expansion or customization; Paved parking area sized for residential and commercial needs
Contact an agent
(281) 723-3336 Call to check price and availability
More about this property
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