$250,000 Last Listed Price
●
House -
Off Market
11845 S Ridgeway Drive
Willis, TX 77318
3 Beds
2 Baths
1,671 Ft²
$281,363
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
This well maintained home is situated on a quiet street in
beautiful Lakeview Manor, a neighborhood nestled among mature shade
trees & placed at the waters edge on beautiful Lake Conroe w/2
parks, beaches, & boat ramp! Wait until you see all of the features
this home contains! A water softener, pull-outs in cabinets, new
carpet (2021), granite counters & frameless shower in primary bath,
updated light fixtures & ceiling fans, fresh interior paint,
digital thermostat, energy-efficient LED lights, garage door
opener, garage shelving system, a HUGE covered patio/deck with
jetted hot tub, bar, + hanging swing, and TONS of storage (both in
the decked space above the garage and in the 10x10 storage shed to
the back left side of the home)! Need space to plant a garden,
build a pool, playground, volleyball net or add a putting green?
There is plenty of green space to the right side of the home & it
is fully fenced! VERY LOW TAXES & HOAs...so what are your waiting
for? Make this your next home!
Unit Size
1,671 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$150
Property Type
House
Property Taxes
$379
HOA Dues
$17
Year Built
2000
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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 #83082063)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 26, 2021 | Sold | ||
| Sold | |||
| Aug 10, 2021 | Listed by Walzel Properties | $250,000 | |
| Listed by Walzel Properties | |||
| | |||
|
This well maintained home is situated on a quiet street in beautiful Lakeview Manor, a neighborhood nestled among mature shade trees & placed at the waters edge on beautiful Lake Conroe w/2 parks, beaches, & boat ramp! Wait until you see all of the features this home contains! A water softener, pull-outs in cabinets, new carpet (2021), granite counters & frameless shower in primary bath, updated light fixtures & ceiling fans, fresh interior paint, digital thermostat, energy-efficient LED lights, garage door opener, garage shelving system, a HUGE covered patio/deck with jetted hot tub, bar, + hanging swing, and TONS of storage (both in the decked space above the garage and in the 10x10 storage shed to the back left side of the home)! Need space to plant a garden, build a pool, playground, volleyball net or add a putting green? There is plenty of green space to the right side of the home & it is fully fenced! VERY LOW TAXES & HOAs...so what are your waiting for? Make this your next home!
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Adriane Taylor, Walzel Properties
Last Updated: 4 months ago
Data Source: HAR , MLS# 83082063
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Last Updated: 4 months ago
Data Source: HAR , MLS# 83082063
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