$232,000 Last Listed Price
●
House -
Off Market
13391 Southshore Drive
Conroe, TX 77304
3 Beds
2 Baths
1,392 Ft²
$232,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model
About This Property
AirBNB POTENTIAL!! Discover the charm of this 3-bd, 2-full bath
cottage nestled in the serene woods. Situated on an expansive lot,
this home offers a tranquil escape with lush surroundings. Enjoy
breathtaking lake views of an 80-acre private lake where motorized
vehicles are permitted. Inside, you'll be greeted by custom vaulted
ceilings that showcase natural, exposed wood. The upstairs bedroom
comes complete with a full bath and a private balcony, perfect for
enjoying your morning coffee or stargazing at night. Whether you're
looking for a quiet retreat or a space to entertain, this backyard
has it all. Practicality meets convenience with a large
utility/laundry room with access from the over-sized one-car
carport, providing ample storage and parking! Don't miss the
opportunity to make this custom cottage in the woods your new home
or passive income AirBNB Rental!
Unit Size
1,392 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$167
Property Type
House
Property Taxes
$224
HOA Dues
$38
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: 5 months ago (HAR #49838538)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 24, 2024 | Sold | ||
| Sold | |||
| Apr 17, 2024 | Listed by Styled Real Estate | $299,000 | |
| Listed by Styled Real Estate | |||
| | |||
|
*PRICED TO SELL!!! Completely Renovated, 4 bed, 3 bath cottage nestled on an over-sized lot in the serene woods of Lake Forest Falls subdivision. Roughly 100 sq. ft added! This private lake community is a hidden gem! This home boasts an open floor-plan with floor to ceiling brick fireplace, vaulted ceiling with wood detailing! The open kitchen offers a large island with new counters, custom cabinets, a custom breakfast table, and all new appliances! The upstairs bedroom comes complete with a full bath and a private balcony that overlooks the expansive backyard. Enjoy breathtaking lake views of an 80-acre private lake where motorized vehicles are permitted. OUTSIDE of the Conroe City limits! This would also make a great short term rental or investment property! Schedule your showing today and don't miss the opportunity to make this custom cottage in the woods your new home!
| |||
| Mar 12, 2024 | Price Decreased |
$319,900
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Feb 29, 2024 | Listed | $324,900 | |
| Listed | |||
| | |||
|
Completely Renovated, 4 bed, 3 bath cottage nestled on an over-sized lot in the serene woods of Lake Forest Falls subdivision. Roughly 100 sq. ft added! This private lake community is a hidden gem! This home boasts an open floor-plan with floor to ceiling brick fireplace, vaulted ceiling with wood detailing! family The open kitchen offers a large island with new counters, custom cabinets, a custom breakfast table, and all new appliances! The upstairs bedroom comes complete with a full bath and a private balcony that overlooks the expansive backyard. Enjoy breathtaking lake views of an 80-acre private lake where motorized vehicles are permitted. Would make a great short term rental or investment property! Schedule your showing today and don't miss the opportunity to make this custom cottage in the woods your new home!
| |||
| Nov 30, 2023 | Sold | ||
| Sold | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Cody Richards, Richards & Associates Real Est
Last Updated: 5 months ago
Data Source: HAR , MLS# 49838538
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Last Updated: 5 months ago
Data Source: HAR , MLS# 49838538
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