49
Map
$459,900
●
House -
For Sale
12604 Pegasus Drive
Willis, TX 77318
3 Beds
2 Baths,
1
Half Bath
2,753 Ft²
$2,967
Est. Monthly
$85
HOA / Fees
About This Property
Enjoy lake living in the gated Point Aquarius community on Lake
Conroe. This spacious split-level home offers 2,753 square feet of
living space with an open layout designed for comfortable everyday
living and entertaining. The top floor kitchen opens to the family
living area and features an island with cooktop, pantry, generous
storage and primary suite with attached veranda. Two secondary
bedrooms and a game/den/art room are downstairs. Outdoor living
spaces include 2 covered patios and 1 balcony with lake views.The
attached 3 car garage is 640 sq ft! The 40 x 35 workshop, has boat
parking and "Man Cave"/office! This 1400 sq. ft building is not on
the tax rolls. Recent Exterior Paint, Siding, & LVP Flooring
(2022)! CONVENIENTLY LOCATED NEAR THE COMMUNITY BOAT LAUNCH, POOL,
REC CENTER, and CLUBHOUSE! Lift in shop not included but can be
purchased.
Unit Size
2,753 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$167
Property Type
House
Property Taxes
$623
HOA Dues
$85
Year Built
1992
Listed By
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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: 2 months ago (HAR #43373501)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 13, 2026 | Listed by Better Homes and Gardens Real Estate Gary Greene - Lake Conroe North | $459,900 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Lake Conroe North | |||
| May 30, 2025 | Price Decreased |
$459,999
↓ $15K
(3.2%) | |
| Price Decreased | |||
| Mar 18, 2025 | Listed | $475,000 | |
| Listed | |||
| | |||
|
LAKE LIVING AT ITS FINEST! PREMIUM WATER VIEW LOCATION IN PRIVATE GUARD GATED COMMUNITY! Oversized .28 Acre (per MCAD) Lot - Just Across from Lake Conroe! Impressive Raised Entry - Leaded Glass Door! Supersized Family Room - Direct Access to Veranda, Fireplace with Stone Accent Wall, & Surround Sound Wiring! Chef's Delight Island Kitchen: Stainless Steel Appliances, White Cabinetry Galore, & Large Island/Serving Bar with Pendant Lighting! Spacious Dining Area with Skylights + Adjoining Flex Space/Home Office! King-Sized Master Suite with Direct Veranda Access - Luxurious Whirlpool Garden Bath + Walk-In Closet! Large Gameroom/First Floor Flex Space with Handy Storage Closet & Direct Access to Covered Porch! Sought-After 3 Car Garage! Tranquil Outdoor Setting - MASSIVE 40 x 35 Workshop/"Man Cave"! Recent Exterior Paint, Siding, & LVP Flooring (2022)! CONVENIENTLY LOCATED NEAR THE COMMUNITY BOAT LAUNCH, POOL, REC CENTER, SPORTS COURTS, ETC.!
| |||
| Jan 28, 2022 | Sold | ||
| Sold | |||
| Nov 12, 2021 | Listed by Coldwell Banker Realty | $364,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Welcome to the lake! Great open floor plan with convenient pass-throughs from the family room to the kitchen and dining area allowing for comfortable living and entertaining. A fully covered two story porch will be a delight and an ideal place to relax morning or night, drink your coffee or cocktail and unwind with your lake view! Large workshop building in the backyard with beautiful new sliding wood doors. Perfect location in a 24-hour gated lake community. Enjoy the several amenities in Point Aquarius such as pool, tennis courts, basketball, sand volleyball, boat launch, lakefront pier for fishing! Don't wait! With loads of potential, all this home needs is your imagination. Grab the deal of the day on this lake home, priced accordingly! Come live the lake lifestyle you've always been dreaming of!
| |||
Property Highlights
Garage
With View
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Detached, Oversized, Boat, Workshop in Garage
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: 2 Bedrooms Down, Primary Bed - 2nd Floor
Appliances: Disposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
Flooring Type: Concrete, Laminate
Has Fireplace
Fireplace Features: Wood Burning Stove
Fireplaces: 1
Exterior Details
Square Footage: 2753
Year Built: 1992
Building Area Total: 2753
Levels: Multi/Split
Construction Materials: Brick, Wood Siding
Lot Features: Subdivided, 1/4 Up to 1/2 Acre
Lot Size Area: 0.2847
Lot Size Units: Acres
Lot Size Acres: 0.2847
Lot Size Square Feet: 12401.532
Water Source: Water District
Financial Details
Tax Annual Amount: $7,478
Utilities Details
Cooling Type: Ceiling Fan(s), Electric
Heating Type: Natural Gas
Location Details
HOA/Condo/Coop Amenities: Basketball Court, Boat Slip, Clubhouse, Tennis Court(s), Controlled Access
HOA Fee: $1,020
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Point Aquarius
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Listed by: Phyllis Baudat, Better Homes and Gardens Real Estate Gary Greene - Lake Conroe North
Last Updated: 2 months ago
Data Source: HAR , MLS# 43373501
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Last Updated: 2 months ago
Data Source: HAR , MLS# 43373501
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