7715 Shadow Lane Conroe, TX 77304
Home and business potential near Lake Conroe.
- Added:
- Nov 11, 2025
- Days on Market:
- 242
- Last Refresh:
- Apr 5 at 9:48 pm
Property Features for 7715 Shadow Lane
General Information
- Standard status
- Active
- Size
- 3,308 SF
- Lot size
- 1.58 Acres
- Property subtype
- Land or Vacant Lot
Building Details
- Year Built
- 1986
Listing office REALTY ASSOCIATES (713) 464-5656
Listing date Nov 11, 2025
Source Corcoran
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Investment Insights
Based on property information with market context.
Key Highlights
- Unrestricted property, ideal for home business, with no POA/HOA fees.
- 3‑bay shop/office with half bath, ample parking, and electric garage door openers.
- Water well and septic system.
Local Financial Insights For Retail
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 | $67.9k | $20.52 |
| − Vacancy | −$3.8k | −$1.15 |
| EGI | $64.1k | $19.37 |
| − OpEx | −$19.2k | −$5.81 |
| NOI | $44.9k | $13.56 |