$1,400,000 Last Listed Price
●
House -
Off Market
11230 Forest Trails Drive
Willis, TX 77318
4 Beds
2 Baths,
1
Half Bath
3,006 Ft²
$1,391,267
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Amazing UNRESTRICTED gated property on almost 10 acres is ready for
it's new owners!! This lush corner lot has 533' of exposure
on FM-830 and 745' on Forest Trails which is less than 3 miles from
I-45 and a few short miles to Lake Conroe with plenty of shopping
and dining close by. The property includes a 4 bedroom 2.1
bath brick home, spacious workshop, and separate office space or
future pool house that seller is currently using as office space.
There is also a gorgeous fishing pond and dock ready for
family and friends to enjoy. Square footage in MLS does not
include the 52.2' x 24.2' workshop or 25.6' x 26.6' separate office
space. Come and see this fabulous property before it's gone!!
Unit Size
3,006 Ft²
Days on Market
-
Land Size
9.43 acres
Price per sqft
$466
Property Type
House
Property Taxes
$592
HOA Dues
-
Year Built
1980
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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: 5 months ago (HAR #91232075)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 5, 2023 | Sold | ||
| Sold | |||
| Aug 3, 2022 | Listed by Coldwell Banker RealtyCy-Fair Office | $1,400,000 | |
| Listed by Coldwell Banker RealtyCy-Fair Office | |||
| | |||
|
Amazing UNRESTRICTED gated property on almost 10 acres is ready for it's new owners!! This lush corner lot has 533' of exposure on FM-830 and 745' on Forest Trails which is less than 3 miles from I-45 and a few short miles to Lake Conroe with plenty of shopping and dining close by. The property includes a 4 bedroom 2.1 bath brick home, spacious workshop, and separate office space or future pool house that seller is currently using as office space. There is also a gorgeous fishing pond and dock ready for family and friends to enjoy. Square footage in MLS does not include the 52.2' x 24.2' workshop or 25.6' x 26.6' separate office space. Come and see this fabulous property before it's gone!!
| |||
Property Highlights
Garage
With View
Fireplace
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
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Listed On
Closing Price
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Sold On
HOA + Taxes
About Montgomery
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Leigh Beard, Coldwell Banker RealtyCy-Fair Office
Last Updated: 5 months ago
Data Source: HAR , MLS# 91232075
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Last Updated: 5 months ago
Data Source: HAR , MLS# 91232075
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