38
Map
$789,000 Last Listed Price
●
House -
Off Market
153 Grandview Boulevard
Montgomery, TX 77356
3 Beds
2 Baths,
1
Half Bath
2,719 Ft²
$4,170
Est. Monthly
$100
HOA / Fees
2.40%
Cap Rate
About This Property
Newer custom single story home located within the gated community
of Grandview.. Home has stone & stucco exterior, and sits on almost
two acres of land which backs up to one of Lake Conroe's waterways,
allowing access to the lake. Three bedrooms, plus a study that
could be used as a fourth bedroom if needed, as well as an extra
room that could be used as a workout room, craft room or second
office. Beautiful open kitchen has a huge center island with
granite counters, lots of custom cabinets, slide-in 6 burner gas
cooktop with two ovens, wine fridge, and a large breakfast bar.
Open living room has lots of picture windows to let in plenty of
light, and allow the beautiful views of the back acreage &
surrounding landscape. Property is in a prime location located
within a minute of grocery stores, new shopping centers, &
restaurants that have recently opened up in Montgomery and the
surrounding areas. Generac whole house backup generator keeps the
lights on in the event of a power outage.
Unit Size
2,719 Ft²
Days on Market
-
Land Size
1.89 acres
Price per sqft
$290
Property Type
House
Property Taxes
$196
HOA Dues
$100
Year Built
-
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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 #41079506)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 12, 2025 | Sold | ||
| Sold | |||
| Apr 2, 2025 | In contract | - | |
| In contract | |||
| Jan 23, 2025 | Listed by Clearview Real Estate, LLC | $789,000 | |
| Listed by Clearview Real Estate, LLC | |||
| Dec 22, 2024 | No longer available | - | |
| No longer available | |||
| Oct 6, 2024 | Listed by Clearview Real Estate, LLC | $849,900 | |
| Listed by Clearview Real Estate, LLC | |||
| | |||
|
Newer custom single story home located within the gated community of Grandview.. Home has stone and stucco exterior, and sits on almost two acres of land which backs up to one of Lake Conroe's canals, allowing access to the lake. Three bedrooms, plus a study that could be used as a fourth bedroom if needed, as well as an extra room that could be used as a workout room, craft room or second office. Beautiful open kitchen has a huge center island with granite counters, lots of custom cabinets, slide-in 6 burner gas cooktop with two ovens, wine fridge, and a large breakfast bar. Open living room has lots of picture windows to let in plenty of light, and allow the beautiful views of the back acreage & surrounding landscape. Property is in a prime location located within a minute of grocery stores, new shopping centers, & restaurants that have recently opened up in Montgomery and the surrounding areas. Generac whole house backup generator keeps the lights on in the event of a power outage.
| |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Grandview
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Listed by: Ray Faragher, Clearview Real Estate, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 41079506
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Last Updated: 5 months ago
Data Source: HAR , MLS# 41079506
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