50
Map
Video Tour
$635,000 Last Listed Price
●
House -
Off Market
111 Mountain Laurel Drive
Montgomery, TX 77316
2 Beds
2 Baths,
1
Half Bath
2,472 Ft²
$4,256
Est. Monthly
$216
HOA / Fees
About This Property
Lovely 1 story home on a 62' lot in the 55+ community where
thoughtful upgrades are evident throughout. Featuring a beautiful
brick/stone elevation & impressive double-door entry. Enjoy an open
layout w/ soaring ceilings, plantation shutters & stunning picture
windows offering abundant natural light. Hardwood floors, a dry bar
w/ wine storage, a chef-inspired kitchen w/ custom pull-out
cabinetry for exceptional functionality. Expansive primary retreat
w/ a thoughtfully designed extension. Charming private backyard w/
NO rear neighbors, an extended covered patio w/ motorized
retractable screen, outdoor kitchen, fire pit, fire bowls, &
built-in seating wall-creating the perfect setting for
relaxing/entertaining year-round. Add'l highlights: a new roof &
custom garage cabinetry for added storage & organization. Enjoy the
active Bonterra lifestyle w/ resort-style amenities, countless
social activities, golf cart-friendly streets, convenient access to
shopping, dining & healthcare.
Unit Size
2,472 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$257
Property Type
House
Property Taxes
$922
HOA Dues
$216
Year Built
2015
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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: 3 months ago (HAR #5978936)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 3, 2026 | Sold | ||
| Sold | |||
| Jun 30, 2026 | In contract | - | |
| In contract | |||
| Jun 27, 2026 | Listed by CB&A, Realtors | $635,000 | |
| Listed by CB&A, Realtors | |||
| Mar 8, 2021 | Sold | ||
| Sold | |||
| Jan 27, 2021 | Listed by RE/MAX Integrity | $469,000 | |
| Listed by RE/MAX Integrity | |||
| | |||
|
Better than new with tremendous upgrades on a fabulous, private lot! Custom built-in cabinets and shelves are in Family Rm, Primary closets, and Garage. Custom shutters throughout, as well as over-cabinet lighting in kit, fam rm & dropzone. Huge laundry features additional cabinets also w/over & under lighting. Gourmet kitchen features GE Monogram appliances. Crown molding throughout the house and custom ceiling fans in the family room and patio. Beautiful wood floors and custom lighting make this one a show stopper! Huge screened-in back patio complete with a summer kitchen overlooks the extended patio area complete with two firepits & electrical outlets. Landscape lighting includes lights on back fence (which has a gate directly to the wooded easement.) Paved walkway leads directly to utility pad, perfect for storing garbage cans out of sight! The garage has been plumbed for a water softener system and has epoxy flooring. Attic has added flooring for additional storage. 55+
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Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Montgomery
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Listed by: Lindsay Landin, CB&A, Realtors
Last Updated: 3 months ago
Data Source: HAR , MLS# 5978936
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Last Updated: 3 months ago
Data Source: HAR , MLS# 5978936
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