$249,900 Last Listed Price
●
Land -
Off Market
10 Lake Estates Drive Drive
Montgomery, TX 77356
Studio
0 Bath
$253,325
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
DON'T MISS OUT on this last RARE CHANCE to own an acreage lot in
this highly-sought LAKE RESORT community! Enjoy fantastic WATER
VIEWS from this GORGEOUS 1.2207 acre homesite BACKING TO ACREAGE,
located in the prestigious "Estates of Walden" on Lake Conroe!
Surrounded by beautiful estate homes, a gated entrance, low MUD
tax, etc... this lot is level and clear with mature trees and
rolling terrain, and will accommodate your DREAM HOME! Located in
the highly acclaimed Montgomery ISD with easy access to I-45, you
will enjoy RESORT LIVING at its finest in this highly sought lake
community. Walden features a full-service marina, championship
golf, Yacht Club dining, casual dining, tennis courts, fitness
facilities, neighborhood pools, dog park, playground, and so much
more!
Unit Size
-
Days on Market
-
Land Size
1.22 acres
Price per sqft
-
Property Type
Land
Property Taxes
$192
HOA Dues
$135
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (HAR #84958405)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 5, 2022 | Sold | ||
| Sold | |||
| Feb 9, 2022 | Listed by Keller Williams Advtge Realty | $249,900 | |
| Listed by Keller Williams Advtge Realty | |||
| | |||
|
DON'T MISS OUT on this last RARE CHANCE to own an acreage lot in this highly-sought LAKE RESORT community! Enjoy fantastic WATER VIEWS from this GORGEOUS 1.2207 acre homesite BACKING TO ACREAGE, located in the prestigious "Estates of Walden" on Lake Conroe! Surrounded by beautiful estate homes, a gated entrance, low MUD tax, etc... this lot is level and clear with mature trees and rolling terrain, and will accommodate your DREAM HOME! Located in the highly acclaimed Montgomery ISD with easy access to I-45, you will enjoy RESORT LIVING at its finest in this highly sought lake community. Walden features a full-service marina, championship golf, Yacht Club dining, casual dining, tennis courts, fitness facilities, neighborhood pools, dog park, playground, and so much more!
| |||
| Feb 12, 2021 | Sold | ||
| Sold | |||
| Jun 22, 2020 | Listed by Lake Conroe Realty | $150,000 | |
| Listed by Lake Conroe Realty | |||
| | |||
|
Lake view lot in gated Estates of Walden backs to recorded Natural Preserve. Walking distance to lakefront dining at the Walden Yacht Club and Breakwater Grill, public pool and waterfront activities. Walden residents enjoy the fitness and tennis center, 2 boat ramps, dog park, playground, yacht club pool as well as a fitness/lap pool, and trails throughout the community. Build your dream home on this treed lot with views of beautiful Lake Conroe!
Seller has 2 sets of custom house plans designed for this lot that can be negotiated as a package deal. Soil Test available.
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Walden
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Listed by: Heather Dartez, Keller Williams Advtge Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 84958405
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Last Updated: 4 months ago
Data Source: HAR , MLS# 84958405
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