$60,000 Last Listed Price
●
Land -
Off Market
11626 Redbird Lane
Montgomery, TX 77356
Studio
0 Bath
$447
Est. Monthly
$88
HOA / Fees
About This Property
A RARE FIND! Build your DREAM HOME in WALDEN on LAKE CONROE, the
home to people from all over the world! This lot is a short
walking distance to the YACHT CLUB and the MARINA! Enjoy all the
amenities this highly coveted tree-lined peninsula on beautiful
Lake Conroe has to offer: Walden's Yacht Club, 536-slip
Marina, two boat ramps, swimming pools including a lap pool,
covered and uncovered tennis courts, a GOLF CLUB with a
breathtaking 18 hole golf course (memberships available), green
spaces, children's playground, dog park, hike & bike trails, a
Racketball/Fitness center and last but not least several
restaurants including Walden's Lakeview Dining, The Breakwater
Grille, Cafe on the Green to name a few! Social activities,
community events, athletic competitions, and volunteer
opportunities occur year-round, guaranteeing an active schedule for
those who want to get involved. Welcome Home!!! THIS
LOT IS PRICED TO SELL. MAKE YOUR OFFER TODAY!
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
Land
Property Taxes
$65
HOA Dues
$88
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 #73087392)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 3, 2024 | No longer available | - | |
| No longer available | |||
| Aug 16, 2024 | Listed by Ernesto Grey | $60,000 | |
| Listed by Ernesto Grey | |||
| | |||
|
A RARE FIND! Build your DREAM HOME in WALDEN on LAKE CONROE, This lot is a short walking distance to the YACHT CLUB and the MARINA! Enjoy all the that beautiful Lake Conroe has to offer: Walden's Yacht Club, 536-slip Marina, two boat ramps, swimming pools including a lap pool, covered and uncovered tennis courts, a GOLF CLUB with a breathtaking 18 hole golf course (memberships available), children's playground, dog park, hike & bike trails, a Racketball/Fitness center, restaurants including Walden's Lakeview Dining, The Breakwater Grille, Cafe on the Green to name a few! Social activities, community events, athletic competitions etc.
| |||
| May 1, 2024 | Sold | ||
| Sold | |||
| Apr 13, 2024 | In contract | - | |
| In contract | |||
| Oct 24, 2023 | Listed by CB&A, Realtors | $60,000 | |
| Listed by CB&A, Realtors | |||
| | |||
|
A RARE FIND! Build your DREAM HOME in WALDEN on LAKE CONROE, the home to people from all over the world! This lot is a short walking distance to the YACHT CLUB and the MARINA! Enjoy all the amenities this highly coveted tree-lined peninsula on beautiful Lake Conroe has to offer: Walden's Yacht Club, 536-slip Marina, two boat ramps, swimming pools including a lap pool, covered and uncovered tennis courts, a GOLF CLUB with a breathtaking 18 hole golf course (memberships available), green spaces, children's playground, dog park, hike & bike trails, a Racketball/Fitness center and last but not least several restaurants including Walden's Lakeview Dining, The Breakwater Grille, Cafe on the Green to name a few! Social activities, community events, athletic competitions, and volunteer opportunities occur year-round, guaranteeing an active schedule for those who want to get involved. Welcome Home!!! THIS LOT IS PRICED TO SELL. MAKE YOUR OFFER TODAY!
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
Beds
Baths
ft²
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Closing Price
Sold On
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HOA + Taxes
About Walden
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Listed by: Jeannine Ducommun, CB&A, Realtors
Last Updated: 4 months ago
Data Source: HAR , MLS# 73087392
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Last Updated: 4 months ago
Data Source: HAR , MLS# 73087392
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