45
Map
$829,900 Last Listed Price
●
House -
Off Market
1022 Lake View Drive
Montgomery, TX 77356
3 Beds
2 Baths,
1
Half Bath
2,857 Ft²
$5,019
Est. Monthly
$20
HOA / Fees
1.31%
Cap Rate
About This Property
Welcome to this Waterfront Stunner! 3-bed, 2.5-bath home located on
Lake Conroe. This property offers breathtaking views of the lake &
Margaritaville. The home features a private in-ground POOL and two
expansive patios, perfect for entertaining or relaxing while taking
in the lake air. The enclosed porch adds additional outdoor living
space, BOAT SLIP ensures easy access for boating or water
activities. The downstairs level includes a cozy sitting area/GAME
ROOM w/ a second fireplace, providing an ideal space for family
gatherings. Upstairs, a BUNK ROOM over the garage offers extra
sleeping space for guests or an ideal hideaway for kids. Recent
updates include NEW ROOF, FENCE, vinyl plank WOOD FLOORING, FRESH
PAINT inside & out. The primary bath has been beautifully
remodeled, & the pool pump was recently replaced. Situated on a
LARGE LOT, provides ample space both inside & out, making it a
perfect lakefront retreat for entertaining, relaxing, or enjoying
the beauty of Lake Conroe.
Unit Size
2,857 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$290
Property Type
House
Property Taxes
$924
HOA Dues
$20
Year Built
1984
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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 #80824717)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 21, 2025 | Sold | ||
| Sold | |||
| Jul 9, 2025 | In contract | - | |
| In contract | |||
| Jul 3, 2025 | Listed by Berkshire Hathaway HomeServices Premier Properties | $829,900 | |
| Listed by Berkshire Hathaway HomeServices Premier Properties | |||
| May 23, 2025 | Price Decreased |
$839,000
↓ $11K
(1.3%) | |
| Price Decreased | |||
| Apr 5, 2025 | Listed | $850,000 | |
| Listed | |||
| | |||
|
Welcome to this Waterfront Stunner! 3-bed, 2.5-bath home located on Lake Conroe. This property offers breathtaking views of the lake & Margaritaville. The home features a private in-ground POOL and two expansive patios, perfect for entertaining or relaxing while taking in the lake air. The enclosed porch adds additional outdoor living space, BOAT SLIP ensures easy access for boating or water activities. The downstairs level includes a cozy sitting area/GAME ROOM w/ a second fireplace, providing an ideal space for family gatherings. Upstairs, a BUNK ROOM over the garage offers extra sleeping space for guests or an ideal hideaway for kids. Recent updates include NEW ROOF, FENCE, vinyl plank WOOD FLOORING, FRESH PAINT inside & out. The primary bath has been beautifully remodeled, & the pool pump was recently replaced. Situated on a LARGE LOT, provides ample space both inside & out, making it a perfect lakefront retreat for entertaining, relaxing, or enjoying the beauty of Lake Conroe.
| |||
Property Highlights
Garage
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Cape Conroe
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Listed by: Melissa Carnine, Berkshire Hathaway HomeServices Premier Properties
Last Updated: 4 months ago
Data Source: HAR , MLS# 80824717
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Last Updated: 4 months ago
Data Source: HAR , MLS# 80824717
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