Spring Conroe area advice

[John Nguyen]

Hi Houston BPers,

Wanted to ask for some advice regarding two different properties. One I found in Spring, east of I45 kind of near Cypresswood and Traeschwig. Location is alright...it seemed kind of further in off of 45 than the other property off 242 near Harpers Preserve.

How is the area I mentioned in Spring? Is anyone familiar with the area. Good for rentals? Schools are not great (C-F)

The second property is zoned to Conroe ISD (B). I like the Conroe property as it’s closer to Exxon/HP campus and woodlands mall. Also seemed close to the H‑E‑B and other amenities in that area.

For the Spring property it is an older area and the closest thing I could find was an old Kroger’s and another 15-20 min drive to the nearest Walmart.

Numbers wise Spring is better...marginally. House was remodeled and major capex is done. The house in Conroe is a 9yr old home with original everything. I’m planning to buy and hold. Live in for maybe two years then rent it out. Initial cash flow would be negative for both.

Appreciate the advice.

[Wale Lawal]

@John Nguyen

I live in Spring 77373 close to the property you are talking about. It probably 10mins away from me.

Yes, the numbers will look good for the Spring because I have have Rental Property in the 77373.

The decision is yours, you need to go with the property you are more comfortable with since you are starting with a negative cash flow. Just do a careful Pros and Cons and go with the best.

Are you working with a Realtor on this?

Goodluck