$275,000 Last Listed Price
●
House -
Off Market
15184 Arrowhead Loop E
Willis, TX 77378
2 Beds
2 Baths
1,512 Ft²
$284,326
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
Beautiful lakefront house on two large lots. House was completely
renovated in 2018/2019 had granite countertops, and stainless
kitchen appliances. Kitchen, family room and primary bedroom have
wonderful views to the lake. Backyard deck is perfect fort relaxing
in the evening and enjoying the view and a cool drink. Pier at the
lake makes a great place to fish or put the coanoe or kayak in for
paddling around. Storage building to keep lawn and garden equipment
secure and protected from the weather. Quick drive to I-45 on
FM1097 to local shopping.
Unit Size
1,512 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$182
Property Type
House
Property Taxes
$287
HOA Dues
$20
Year Built
1986
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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 #55084380)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 19, 2022 | Sold | ||
| Sold | |||
| Jun 16, 2022 | Listed by Turner Ringgold Real Estate | $275,000 | |
| Listed by Turner Ringgold Real Estate | |||
| | |||
|
Beautiful lakefront house on two large lots. House was completely renovated in 2018/2019 had granite countertops, and stainless kitchen appliances. Kitchen, family room and primary bedroom have wonderful views to the lake. Backyard deck is perfect fort relaxing in the evening and enjoying the view and a cool drink. Pier at the lake makes a great place to fish or put the coanoe or kayak in for paddling around. Storage building to keep lawn and garden equipment secure and protected from the weather. Quick drive to I-45 on FM1097 to local shopping.
| |||
| Jan 3, 2019 | Sold | ||
| Sold | |||
| Sep 27, 2018 | Listed by SRG | $69,000 | |
| Listed by SRG | |||
| | |||
|
Handyman special, the house needs full rehab. Adorable water front home located in Arrowhead Private Lake, nice and quiet subdivision with parks, pavilion, and community pool. Many new homes are being built in this area. 2 lots combined 23,069 square feet. Rehab this house or build two houses! Don't miss this investment opportunity!
| |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Montgomery
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Listed by: James Ringgold, Turner Ringgold Real Estate
Last Updated: 4 months ago
Data Source: HAR , MLS# 55084380
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Last Updated: 4 months ago
Data Source: HAR , MLS# 55084380
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