$475,000 Last Listed Price
●
House -
Off Market
16471 Peoples Road
Conroe, TX 77384
3 Beds
2 Baths,
1
Half Bath
2,393 Ft²
$2,611
Est. Monthly
About This Property
Welcome Home to Country Living with city convivences! Quick access
to 1488, I45, 242, Shopping and Entertainment! Enjoy a quite Wooded
1 Acre lot that is fully fenced with privacy gate entry and
extended driveway wrapping around the back of the property. Spend
time relaxing on the Texas Size Front porch & fall in love with the
cabin style charm interior featuring tall ceilings, cedar beams,
custom cabinets, gas log fireplace, large island and break bar area
with all appliances included. Recent Updates in 2022 include roof
replacement, water heater, fencing. Bring all your outdoor toys &
projects to work on in a huge 6 Bay Carport! Extra Covered Storage
great for boat or RV. Bonus Whole Home Generator! Super Low Tax
Rate of 1.5 and NO Deed Restrictions!
Unit Size
2,393 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$199
Property Type
House
Property Taxes
$278
HOA Dues
-
Year Built
1994
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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 #78310092)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jul 27, 2024 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Listed by Brighthouse Realty | $475,000 | |
| Listed by Brighthouse Realty | |||
| | |||
|
Welcome Home to Country Living with city convivences! Quick access to 1488, I45, 242, Shopping and Entertainment! Enjoy a quite Wooded 1 Acre lot that is fully fenced with privacy gate entry and extended driveway wrapping around the back of the property. Spend time relaxing on the Texas Size Front porch & fall in love with the cabin style charm interior featuring tall ceilings, cedar beams, custom cabinets, gas log fireplace, large island and break bar area with all appliances included. Recent Updates in 2022 include roof replacement, water heater, fencing. Bring all your outdoor toys & projects to work on in a huge 6 Bay Carport! Extra Covered Storage great for boat or RV. Bonus Whole Home Generator! Super Low Tax Rate of 1.5 and NO Deed Restrictions!
| |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About The Woodlands
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jamie Butler, Brighthouse Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 78310092
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Last Updated: 5 months ago
Data Source: HAR , MLS# 78310092
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