Lake Conroe House

 Ever since Joe sold his ranch and we didn't move to Austin, he has had a lot more free time. At first he worked on getting his properties in Dayton ready to rent and then eventually to sell.  After all that, he found he had a lot of free time.  I encouraged him to find a hobby. He thought about it and he decided that what he really would like is a project house. We had looked at one a year ago that was on the same lake as our "land" property many years ago.  It was a cute house with a beautiful property and it needed some work.  We contacted the owner and it was still for sale, so we went and looked at it.  They had done some improvements, but we didn't care for what they had done.  Unfortunately, it made the price more expensive and it really wasn't what we wanted.  We started looking for a lake house.

At first we looked at houses that had access to a boat ramp to get us on Lake Conroe. Then we decided to look just at houses that were actually on Lake Conroe. The biggest thing we wanted was a house that was a "project".  It needed to have things that needed to be updated or fixed so that Joe had things to work on while he was there. We spent a couple of weeks looking until we changed our search parameters and added townhome to the list.  This lake house popped up and we went and looked at it.  Right as we walked in, I said- "Joe I like this one."  We looked at the whole thing and then we decided to put an offer in on it. We could tell right away that it needed some work.  The biggest thing was that the bulkhead on the lake was very damaged and needed repairs.  We had a contractor come out to give us an estimate for that, and we also had an inspection done.  The bulkhead repairs came back costing about $60k. The inspector said that nothing major was wrong but there were a TON of little problems.  We went back to the seller to try to renegotiate the price.  We didn't get much off, but we were able to negotiate to have all the contents of the house left.  That gave us furniture and furnishings so that we had something to work with when we first moved in.  We got it!  Then the projects could begin!

Here are the listing photos- this was our starting point!