The Best Neighborhoods on Lake Conroe The Best Neighborhoods on Lake Conroe Hi friend! I am so excited you found our little corner of the Interwebs. In today's post I will answering the question, "What are the best neighborhoods on Lake Conroe?" I plan to deep dive, and also share the price point of each neighborhood with you as well. For those of you that don't know, Lake Conroe is a 21,000-acre lake in Montgomery County, Texas. Even though it is named Lake Conroe, only a small portion of the lake is in Conroe, Texas. Most of the lake is in unincorporated Montgomery County.