$725,000 Last Listed Price
●
Property -
Off Market
14950 Walker Road
Conroe, TX 77302
Studio
2 Baths
3,324 Ft²
$4,124
Est. Monthly
2.54%
Cap Rate
About This Property
A remarkable 10.05-acre parcel, featuring an exquisite 3/4 bedroom
residence. The kitchen is expansive, boasting an abundance of
counter and cabinet space. Relax with your morning coffee in the
delightful breakfast room offering a beautiful view of the
property. The vaulted ceiling adorned with warm wood beams adds a
touch of elegance. The master bedroom is equipped with a
substantial cedar closet & impressive built-ins. Ample storage & a
generous sized utility room enhance the practicality of the home. A
whole-house generator ensures uninterrupted power supply. The
property is adorned with mature trees and a petite pecan orchard.
Four horse stalls complement an enclosed 8-acre pasture. Enjoy the
luxury of fishing in your private pond. The previous owner
initiated the transformation of the garage into a guess suite,
requiring completion according to your preferences. An insulated
metal storage building complete with electricity, adds
functionality. This property is true a must-see!
Unit Size
3,324 Ft²
Days on Market
-
Land Size
10.05 acres
Price per sqft
$218
Property Type
Property
Property Taxes
$564
HOA Dues
-
Year Built
1976
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Cap Rate Calculator
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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: 6 months ago (HAR #66802098)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 22, 2024 | Sold | ||
| Sold | |||
| Feb 13, 2024 | Listed by Berkshire Hathaway HomeServices Premier Properties | $725,000 | |
| Listed by Berkshire Hathaway HomeServices Premier Properties | |||
Property Highlights
Garage
Fireplace
Parking Details
Has Carport
Parking Features: Driveway, Additional Parking, Converted Garage, Workshop in Garage, Detached Carport
Interior Details
Full Bathrooms: 2
Interior Features: High Ceilings, All Bedrooms Down, Primary Bed - 1st Floor
Appliances: Gas Oven, Microwave, Gas Cooktop, Dishwasher
Flooring Type: Carpet, Tile
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Has Fireplace
Fireplace Features: Wood Burning
Fireplaces: 1
Exterior Details
Square Footage: 3324
Architectural Style: Ranch
Year Built: 1976
Building Area Total: 3324
Other Structures: Barn(s), Auxiliary Building, Storage Shed
Window Features: Window Coverings, Storm Windows
Construction Materials: Wood Siding, Insulation - Blown Fiberglass
Lot Features: Pasture, Cleared, Build Line Restricted, 10 Up to 15 Acres
Lot Size Area: 10.05
Lot Size Units: Acres
Lot Size Acres: 10.05
Lot Size Square Feet: 437778
Water Source: Well
Financial Details
Tax Annual Amount: $6,766
Utilities Details
Cooling Type: Ceiling Fan(s), Electric
Heating Type: Electric
Sewer : Septic Tank
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/13/2024
| |
3 Bed
|
2 Bath
|
3324 ft²
|
$800,000
3 Bed
2 Bath
3324 ft²
|
$712,000
-11.00%
05/22/2024
|
Richard Falgout
Berkshire Hathaway Home Services
|
|
06/04/2018
| |
3 Bed
|
4 Bath
|
2801 ft²
|
$395,000
3 Bed
4 Bath
2801 ft²
|
$350,000
-11.39%
04/01/2019
|
Lisa Meador
Keller Williams Advtge Realty
|
Building Info
About Montgomery
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Listed by: Richard Falgout, Berkshire Hathaway HomeServices Premier Properties
Last Updated: 6 months ago
Data Source: HAR , MLS# 66802098
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Last Updated: 6 months ago
Data Source: HAR , MLS# 66802098
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