$120,000 Last Listed Price
●
Land -
Off Market
11017 Shadow View Drive
Conroe, TX 77304
Studio
0 Bath
$138,692
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
Gorgeous 1.8-acre lot in the GATED Shadow Lake Forest. Cleared pad
and retaining wall already built! This is an opportunity that won't
last long and you won't find again anytime soon in this type of
community! Just minutes from Lake Conroe and The Woodlands Market
Street, Shadow Lake Forest is a quiet, exclusive enclave with quick
& easy access to I-45...Residents of Shadow Lake enjoy access to
the endless amenities in nearby Water Crest - including parks,
pools, clubhouse, and a private boat launch!
Unit Size
-
Days on Market
-
Land Size
1.79 acres
Price per sqft
-
Property Type
Land
Property Taxes
$298
HOA Dues
$122
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 #67311855)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 15, 2024 | Sold | ||
| Sold | |||
| Feb 11, 2024 | In contract | - | |
| In contract | |||
| Feb 1, 2024 | Listed by Keller Williams Realty The Woodlands | $115,000 | |
| Listed by Keller Williams Realty The Woodlands | |||
| | |||
|
Discover Shadow Lake Forest, where nature meets urban ease. Trails wind through a forestry park, a haven for family events. Nestled in north Conroe on a city-ready site, this property offers nature without sacrifice. A secure, well-established community with easy I-45 access reveals an exquisite 1.79-acre corner lot. More than property, it's an invitation to join a neighborhood harmonizing sophistication and tranquility. Residents embrace luxury living, sharing Water Crest's lush parks, enticing pools, upscale clubhouse, and private boat launch. Claim your spot in this unique community, your gateway to opulence and natural lakefront beauty.
| |||
| Jul 30, 2021 | Sold | ||
| Sold | |||
| Apr 15, 2021 | Listed by Abby Realty | $120,000 | |
| Listed by Abby Realty | |||
| | |||
|
Gorgeous 1.8-acre lot in the GATED Shadow Lake Forest. Cleared pad and retaining wall already built! This is an opportunity that won't last long and you won't find again anytime soon in this type of community! Just minutes from Lake Conroe and The Woodlands Market Street, Shadow Lake Forest is a quiet, exclusive enclave with quick & easy access to I-45...Residents of Shadow Lake enjoy access to the endless amenities in nearby Water Crest - including parks, pools, clubhouse, and a private boat launch!
| |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Conroe
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Listed by: Amanda Wisner, Abby Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 67311855
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Last Updated: 4 months ago
Data Source: HAR , MLS# 67311855
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