$933,000 Last Listed Price
●
Property -
Off Market
1539 Apache Drive
Montgomery, TX 77316
Studio
1 Bath
1,480 Ft²
$940,233
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model
About This Property
Welcome to this beautiful UNRESTRICTED 9.3-acre property that
boasts a cozy 2 bedroom house & massive shop. Property offers the
perfect blend of privacy and convenience. Arriving, you're greeted
by stunning natural surroundings, mature trees, pond, & plenty of
open space. The Texas sized front porch provides an ideal spot to
soak up the serene atmosphere, daily deer visitors & wildlife.
Interior is an open floor plan with high ceilings, wall to wall
windows, cedar bar & teak accents. Possibility to split and build
out bathroom. Real highlight of this property is the impressive
insulated 40x60 shop with 16' bay doors, shelving, epoxy floor,
double pane windows, 50 AMP breaker & ready for A/C. Additional
parking in rear of shop. Possibility to build office/loft in shop.
Great COMMERCIAL opportunity! Home has 5 y/o Tin roof & 3 y/o A/C.
The possibilities are endless, and this property truly offers
something for everyone. Don't miss your chance to own this stunning
piece of property.
Unit Size
1,480 Ft²
Days on Market
-
Land Size
9.30 acres
Price per sqft
$630
Property Type
Property
Property Taxes
$962
HOA Dues
-
Year Built
1982
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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: 4 months ago (HAR #49325751)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 15, 2023 | Sold | ||
| Sold | |||
| Mar 30, 2023 | Listed by Century 21 Realty Partners | $933,000 | |
| Listed by Century 21 Realty Partners | |||
Property Highlights
With View
Parking Details
Parking Features: Additional Parking, Boat, RV Access/Parking, Workshop in Garage
Interior Details
Full Bathrooms: 1
Interior Features: High Ceilings, All Bedrooms Down, En-Suite Bath, Primary Bed - 1st Floor
Appliances: Disposal, Electric Oven, Electric Range, Dishwasher
Flooring Type: Carpet
Laundry Features: Electric Dryer Hookup, Washer Hookup
Exterior Details
Square Footage: 1480
Architectural Style: Ranch
Year Built: 1982
Waterfront Features: Pond
Building Area Total: 1480
Lot Features: Cleared, Wooded, 5 Up to 10 Acres
Lot Size Area: 9.3
Lot Size Units: Acres
Lot Size Acres: 9.3
Lot Size Square Feet: 405108
Water Source: Well
Financial Details
Tax Annual Amount: $11,549
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 |
|---|---|---|---|---|---|---|---|
|
03/30/2023
| |
Loft
|
1 Bath
|
1480 ft²
|
$933,000
Loft
1 Bath
1480 ft²
|
-
05/16/2023
|
Linda Glenn
Century 21 Realty Partners
|
Building Info
About Montgomery
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Listed by: Linda Glenn, Century 21 Realty Partners
Last Updated: 4 months ago
Data Source: HAR , MLS# 49325751
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Last Updated: 4 months ago
Data Source: HAR , MLS# 49325751
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