30
Map
$199,900
●
House -
For Sale
13501 Fultz Road
Conroe, TX 77304
Studio
0 Bath
1,283 Ft²
$982
Est. Monthly
About This Property
RARE FIND-.463-acre lakefront lot in the highly sought-after Lake
Conroe area, surrounded by mature trees and offering beautiful
waterfront views! Construction of the existing home was started but
not completed, providing an opportunity for the new owner to bring
their vision to life. House plans are attached. The property has a
WELL, approved SEPTIC permit, dirt was brought in, and shrubs
cleared. Enjoy peaceful surroundings and direct access to Lake
Magnolia from your own backyard! PRIME LOCATION with convenient
access to Hwy 105 and all the Lake Conroe area has to offer,
including dining, shopping and recreation. See attached Property
Highlights for a complete list of improvements and utility
information provided by Seller. Contact Listing Agent for
additional details. Buyer to independently verify all information.
Unit Size
1,283 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$156
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-
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: 14 days ago (HAR #81732495)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2026 | Listed by Kelsey Casey Properties | $199,900 | |
| Listed by Kelsey Casey Properties | |||
| Dec 3, 2025 | No longer available | - | |
| No longer available | |||
| Sep 19, 2025 | Price Decreased |
$99,000
↓ $11K
(9.9%) | |
| Price Decreased | |||
| Apr 15, 2025 | Listed by Realty ONE Group Iconic | $109,900 | |
| Listed by Realty ONE Group Iconic | |||
| | |||
|
SEPTIC PERMIT RECEIVED, WELL HAS BEEN APPROVED, and electric can be hooked up once building permit is received PER THE SELLER. RARE FIND! .463 acre lakefront lot, located in the highly sought after Lake Conroe area, surrounded by mature trees with unmatched lake views! LAND ONLY - building is negotiable. This property has had dirt brought in, trees and shrubs cleared and is ready for its new owner to make their own. Please see attached property highlights for a full list of property improvements and utility information provided by the seller. Enjoy serene waterfront views, the peace and quiet of the property, and access to a Lake Magnolia located in your OWN backyard! PRIME LOCATION. Easy access to 105, all that Lake Conroe has to offer, and located near established restaurants, shops, and stores! Land only. Building not included but negotiable. Reach out to listing agent for details. ALL information to be independently verified by buyer(s).
| |||
| Aug 30, 2024 | Sold | ||
| Sold | |||
Show More
Property Highlights
With View
Exterior Details
Square Footage: 1283
Property Condition: Under Construction
Architectural Style: Other
Year Built Source: Owner
Year Built: 2026
Waterfront Features: Lake Front
Builder Name: Sub Contracted Out
Building Area Total: 1283
Construction Materials: Aluminum Siding, Other
Patio and Porch Features: Patio, Porch
Lot Features: Back Yard, Cleared, Subdivided, Waterfront, Wooded, 1/4 Up to 1/2 Acre
Lot Size Area: 0.463
Lot Size Units: Acres
Lot Size Acres: 0.463
Lot Size Square Feet: 20168.28
Utilities Details
Cooling Type: None
Heating Type: None
Comparables
Unit
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 Montgomery
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Listed by: Kelsey Casey, Kelsey Casey Properties
Last Updated: 14 days ago
Data Source: HAR , MLS# 81732495
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Last Updated: 14 days ago
Data Source: HAR , MLS# 81732495
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