50
Map
Video Tour
$1,675,000 Last Listed Price
●
House -
Off Market
159 Manor Lake Estates Drive
Spring, TX 77379
4 Beds
4 Baths,
1
Half Bath
4,958 Ft²
$10,752
Est. Monthly
$125
HOA / Fees
About This Property
SHOWSTOPPER custom home has ALL the WOW factor INSIDE & OUTSIDE. A
majestic Mediterranean villa on the Lake that was previously the
Builder's personal home. Fantastic unobstructed views of the lake,
quiet location in enclave. Chef's kitchen offers Thermador
appliances, Control 4 audio/lighting system, Butler's Pantry.
Impressive entry, foyer, rich wood paneled study w/fireplace.
Architectural details throughout. Guest bedroom down, gameroom &
media up, balcony with view of amazing lake & resort style backyard
w/pool/raised spa, outdoor living/kitchen area, stone columns &
fire place, mosaic round fire pit. Freshly painted. Recent
tankless water heater, all toilets replaced. Furnishings
negotiable! Desirable gated section of Gleannloch Farms a premiere
master planned community amenities include: 3 pools & splash pad,
tennis & pickleball courts, several catch & release lakes, boat
house, dog park, equestrian center, walking/bike trails, 20-acre
Athletic Center PLUS + & Acclaimed KISD.
Unit Size
4,958 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$338
Property Type
House
Property Taxes
$2,402
HOA Dues
$125
Year Built
2008
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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 #23771763)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 12, 2025 | Sold | ||
| Sold | |||
| Jan 25, 2025 | In contract | - | |
| In contract | |||
| Oct 25, 2024 | No longer available | - | |
| No longer available | |||
| Oct 24, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - Champions | $1,675,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Champions | |||
| | |||
|
SHOWSTOPPER custom home has ALL the WOW factor INSIDE & OUTSIDE. A majestic Mediterranean villa on the Lake that was previously the Builder's personal home. Fantastic unobstructed views of the lake, quiet location in enclave. Chef’s kitchen offers Thermador appliances, Control 4 audio/lighting system, Butler's Pantry. Impressive entry, foyer, rich wood paneled study w/fireplace. Architectural details throughout. Guest bedroom down, gameroom & media up, balcony with view of amazing lake & resort style backyard w/pool/raised spa, outdoor living/kitchen area, stone columns & fire place, mosaic round fire pit. Freshly painted. Recent tankless water heater, all toilets replaced. Furnishings negotiable! Desirable gated section of Gleannloch Farms a premiere master planned community amenities include: 3 pools & splash pad, tennis & pickleball courts, several catch & release lakes, boat house, dog park, equestrian center, walking/bike trails, 20-acre Athletic Center PLUS + & Acclaimed KISD.
| |||
| Oct 3, 2024 | Withdrawn | - | |
| Withdrawn | |||
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Property Highlights
Fireplace
Garage
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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About Gleannloch Farms
Similar Homes for Sale
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Listed by: Connie Santiago, Better Homes and Gardens Real Estate Gary Greene - Champions
Last Updated: 4 months ago
Data Source: HAR , MLS# 23771763
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Last Updated: 4 months ago
Data Source: HAR , MLS# 23771763
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