27
Map
$329,900
●
House -
Off Market
16417 Olive Sparrow Drive
Conroe, TX 77385
4 Beds
2 Baths,
1
Half Bath
2,439 Ft²
$2,174
Est. Monthly
$34
HOA / Fees
About This Property
Beautifully maintained 4-bedroom, 2.5-bath home located in the
desirable Montgomery Creek Ranch community. This spacious two-story
home features fresh updates and beautiful flooring throughout,
creating a warm and modern feel from the moment you walk in. The
open-concept layout is ideal for both everyday living and
entertaining, with a stylish kitchen showcasing granite
countertops, stainless steel appliances, ample cabinetry, and a
seamless flow into the bright family room filled with natural
light. Upstairs offers generously sized secondary bedrooms, a
versatile game room, and a private primary suite complete with dual
sinks, a soaking tub, separate shower, and a large walk-in closet.
Enjoy relaxing evenings on the covered patio overlooking a peaceful
backyard with no rear neighbors. Conveniently located near I-45,
The Woodlands, shopping, dining, and highly rated Conroe ISD
schools, this move-in-ready home combines comfort, style, and
convenience.
Unit Size
2,439 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$135
Property Type
House
Property Taxes
$520
HOA Dues
$34
Year Built
2018
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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 #61434392)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 16, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| May 13, 2026 | Listed by Compass RE Texas, LLC - The Woodlands | $329,900 | |
| Listed by Compass RE Texas, LLC - The Woodlands | |||
| May 8, 2020 | Sold | ||
| Sold | |||
| Apr 7, 2020 | Listed by Keller Williams Premier Realty | $220,000 | |
| Listed by Keller Williams Premier Realty | |||
| | |||
|
You’ll love coming home to this beautiful 4 bedroom, 2.5 bath two-story that has been BARELY lived in. Filled with BUILDER UPGRADES, this home features an open floor plan with a formal dining room and kitchen that opens to the spacious family room. Lots of natural light, MODERN RECTANGULAR TILE set in a staggered brick pattern and RAISED CEILINGS give this home a very clean and contemporary feel making it very appealing. Kitchen has GRANITE counters with a GLASS MOSIAC BACKSPLASH, STAINLESS STEEL APPLIANCES and 42-inch maple cabinets. Great for entertaining and family gatherings – this home features a great COVERED PATIO, good sized yard and NO BACK NEIGHBORS. Relax in the large master retreat and bath with dual sinks, separate shower and tub plus an enormous closet. Upstairs find three spacious bedrooms, a game room as well as the secondary bath and convenient laundry room. Quiet neighborhood close to I-45, The Woodlands, shopping, entertainment and zoned to great Conroe ISD schools.
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Christian Wexler, Compass RE Texas, LLC - The Woodlands
Last Updated: 4 months ago
Data Source: HAR , MLS# 61434392
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Last Updated: 4 months ago
Data Source: HAR , MLS# 61434392
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