50
Map
$474,900 Last Listed Price
●
House -
Off Market
11523 Ripplewind Drive
Montgomery, TX 77356
3 Beds
2 Baths
2,815 Ft²
$3,218
Est. Monthly
$115
HOA / Fees
About This Property
Beautiful 3/2/2 on ½+ acre cul-de-sac lot in Walden on Lake Conroe
offering privacy & space to entertain. Enjoy a screened-in patio
overlooking a lush backyard, it is fully fenced, with an oversized
patio ideal for gatherings. Interior features formal dining &
living, breakfast area, & spacious family room with wall of windows
& wood-burning fireplace. Oversized kitchen with granite
countertops, stainless appliances, island with workspace, abundant
cabinetry, & coffee/liquor bar. Large laundry room with sink,
cabinets, & workspace plus dedicated study with built-ins & desk.
Primary suite filled with natural light & accent wall; bath offers
jetted tub, separate shower, dual vanity oversized walk-in closet
with built-ins. There are two secondary bedrooms & full bath with
tub/shower. Luxury vinyl & tile, no carpet throughout home.
Expansive backyard includes storage building, beautiful beds & room
for pool. Walden amenities include marina, pools, parks, fitness
center, & clubhouse.
Unit Size
2,815 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$169
Property Type
House
Property Taxes
$771
HOA Dues
$115
Year Built
1998
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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 #18834658)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 8, 2026 | Sold | ||
| Sold | |||
| Apr 8, 2026 | In contract | - | |
| In contract | |||
| Mar 28, 2026 | Listed by Walzel Properties - Conroe | $474,900 | |
| Listed by Walzel Properties - Conroe | |||
| Jan 27, 2020 | Sold | ||
| Sold | |||
| Jul 15, 2019 | Listed by Keller Williams Advtge Realty | $329,900 | |
| Listed by Keller Williams Advtge Realty | |||
| | |||
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Motivated seller bring all offers. Don't miss this beautiful 3/2/2 single story home on 2 large lots. Majestic backyard, peaceful walking paths, fruit trees, perennial plants, and flowering bushes. Screened in back porch and ready to make some lasting memories. Plenty of room in the backyard for a pool as well as adding that extra mother-in-law quarters, the entire backyard is fenced in. Extra-large driveway for additional parking for all those family get-togethers and entertaining. An Elegant water fountain accents the front yard while lovely plantation shutters frame all windows. Great floor plan light and bright. Home has a formal living and dining room area. Open kitchen with large island and walk-in pantry. Tons of cabinets in the kitchen. Oversize laundry room with room for a full-size fridge with space to spare. Wood or propane burning fireplace. Tile and wood floors throughout the home, with elegant crown molding. The master bedroom has a large walk-in closet.
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Property Highlights
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Fireplace
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: Cindy Waters, Walzel Properties - Conroe
Last Updated: 5 months ago
Data Source: HAR , MLS# 18834658
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Last Updated: 5 months ago
Data Source: HAR , MLS# 18834658
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