$975,000 Last Listed Price
●
House -
Off Market
12201 Gable Drive
Willis, TX 77318
3 Beds
2 Baths,
1
Half Bath
3,066 Ft²
$1,126,872
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
The feel of being in the country and yet only 5 minutes from I45.
I thought it was impossible, but it's not! When I sit
on 3.2 acres on the water in a small acreage subdivision I feel
miles away from everything, but I'm not. It is so relaxing to
watch the water and the boats passing by as the sunset paints
another beautiful sky. It is possible to see all this from
the covered patio while sipping a beverage or from the living area
in this wide open floor plan. I love cooking in my
professional kitchen; I can have 6 things on the stove while
looking at the water or keeping track of the party. And if
it's movie time, the separate 600 sq ft media room can hold an
opening night crowd. Dozens of trees line a "could be"
driveway.
Unit Size
3,066 Ft²
Days on Market
-
Land Size
3.20 acres
Price per sqft
$318
Property Type
House
Property Taxes
$822
HOA Dues
$8
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: 4 months ago (HAR #24143138)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 12, 2026 | Sold | ||
| Sold | |||
| Jan 20, 2026 | In contract | - | |
| In contract | |||
| Jan 7, 2026 | Price Decreased |
$1,200,000
↓ $100K
(7.7%) | |
| Price Decreased | |||
| Nov 21, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 20, 2025 | Listed by RE/MAX Integrity | $1,300,000 | |
| Listed by RE/MAX Integrity | |||
   | |||
|
Experience true lakefront living in this thoughtfully updated home on Lake Conroe, set on a generous 1.5-acre lot with more than 110 feet of open water frontage. The 3-bedroom, 2.5-bath layout features an open, airy floorplan and walls of windows throughout the main house, perfectly framing breathtaking sunset views over the water. Step out onto the back patio to unwind in the evenings as the sun dips below the horizon—this home delivers unforgettable sunsets from both inside and out on the back patio. A private 3-slip boat dock makes lake days effortless, while the additional 600 sq ft flex space offers endless possibilities for a game room, media room, home office, or bunk room. With the majority of mechanicals and cosmetic updates completed within the last five years, this property is move-in ready. Whether you’re seeking a peaceful weekend escape or a full-time lakeside lifestyle, this home truly has it all. *Short term rentals allowed*
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Gaye Watkins, RE/MAX Integrity II
Last Updated: 4 months ago
Data Source: HAR , MLS# 24143138
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Last Updated: 4 months ago
Data Source: HAR , MLS# 24143138
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