$89,900 Last Listed Price
●
Land -
Off Market
1709 Madera Oaks Court
Conroe, TX 77304
Studio
0 Bath
$89,339
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Beautiful lot located in the quiet gated neighborhood of Teaswood
Avenue. The Subdivision features only 55 total homes. Multiple
custom builders to choose from! Close proximity to shopping,
entertainment, and dining and only minutes from downtown Conroe,
The Woodlands, and the beautiful Lake Conroe.
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
Land
Property Taxes
$52
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: 6 months ago (HAR #40301324)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 27, 2025 | Listed | $589,000 | |
| Listed | |||
| | |||
|
Spectacular contemporary new construction one story home in the exclusive gated neighborhood of Teaswood Avenue.This exceptional, modern 4 bed, 4.5 bath home is designed with distinction. Kitchen offers a huge quartz waterfall island, 5 burner gas cooktop, beautiful cabinetry that extends to the ceiling, & a spacious walk-in pantry. The family room is perfect for entertaining, with dramatic floor to ceiling fireplace & sliding glass doors which open to the huge covered patio. The media room provides endless hours of family enjoyment. The private office is located just off the impressive grand entrance. The sumptuous primary suite offers comfort and privacy with a cozy fireplace. Meditate and relax in the luxurious primary bath with soaking tub, separate dressing areas, and a huge, lavish shower. The 18'x11' primary closet features an island. All secondary bedrooms have en-suite baths. Large covered patio is stubbed for gas & water. Minutes from world class shopping and dining.
| |||
| Jun 3, 2025 | Price Decreased |
$589,990
↓ $35K
(5.6%) | |
| Price Decreased | |||
| May 6, 2025 | Price Decreased |
$624,990
↓ $25K
(3.9%) | |
| Price Decreased | |||
| Mar 28, 2025 | Listed | $649,990 | |
| Listed | |||
| | |||
|
MOVE-IN READY Luxury Home in GATED COMMUNITY w/ NO REAR NEIGHBORS! Located just minutes from I-45 with easy access to Lake Conroe and an easy commute to The Woodlands. This STUNNING 4 bed, 4.5 bath home features MODERN charm and luxury finishes throughout. WATERFALL QUARTZ Island & countertops, ceiling height cabinetry w/ glass front uppers, built-in appliances, & large pantry w/ cabinetry & shelving. Kitchen opens to dining and family room w/ sliding doors leading to backyard, & modern double sided electric fireplace. Wide plank engineered wood flooring & tile throughout, home office, media room, and high ceilings. HUGE 5-STAR RETREAT w/ split vanities, oversized shower, relaxing soaking tub, & HUGE closet loaded w/ built-ins & walk through access to utility. Spacious secondary bedrooms w/ en-suite bathrooms & walk-in closets. Covered back patio w/ ceiling fan, stubbed for gas, water & ready for summer kitchen. Sprinkler system and relaxing views all year round!! THIS IS A MUST SEE!
| |||
| Mar 12, 2025 | Price Decreased |
$669,500
↓ $31K
(4.4%) | |
| Price Decreased | |||
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About Conroe
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Listed by: Nathyn Martinez, BlueRoof Real Estate, LLC
Last Updated: 6 months ago
Data Source: HAR , MLS# 40301324
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Last Updated: 6 months ago
Data Source: HAR , MLS# 40301324
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