$1,400,000 Last Listed Price
●
House -
Off Market
171 Waterfront Drive
Montgomery, TX 77356
4 Beds
3 Baths,
1
Half Bath
3,764 Ft²
$8,570
Est. Monthly
$96
HOA / Fees
About This Property
Welcome to your dream lakeside retreat on the shores of beautiful
Lake Conroe! Situated on over a half-acre lot and offering an
exceptional blend of luxury, comfort & outdoor living. Step into
this exquisite property & be greeted by an expansive living space
designed for both relaxation & entertainment. The open floor plan
seamlessly connects the living, dining, & kitchen areas, all bathed
in natural light from large windows that offer breathtaking views
of the lake. The gourmet kitchen is Chef's delight featuring
high-end appliances, custom cabinetry & a spacious island perfect
for meal prep. The outdoor amenities are where this home truly
shines. Outside you'll find a large covered patio & fully equipped
summer kitchen making it an ideal spot for hosting friends &
family. The backyard is a true oasis with sparkling pool, spa, lush
landscaping and over the water deck & boat slips providing easy
access to Lake Conroe for all your water adventures.
Unit Size
3,764 Ft²
Days on Market
-
Land Size
0.68 acres
Price per sqft
$372
Property Type
House
Property Taxes
$1,599
HOA Dues
$96
Year Built
1995
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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 #34135585)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Aug 28, 2024 | Listed by Coldwell Banker Realty - Lake Conroe/Willis | $1,400,000 | |
| Listed by Coldwell Banker Realty - Lake Conroe/Willis | |||
| | |||
|
Welcome to your dream lakeside retreat on the shores of beautiful Lake Conroe! Situated on over a half-acre lot and offering an exceptional blend of luxury, comfort & outdoor living. Step into this exquisite property & be greeted by an expansive living space designed for both relaxation & entertainment. The open floor plan seamlessly connects the living, dining, & kitchen areas, all bathed in natural light from large windows that offer breathtaking views of the lake. The gourmet kitchen is Chef's delight featuring high-end appliances, custom cabinetry & a spacious island perfect for meal prep. The outdoor amenities are where this home truly shines. Outside you'll find a large covered patio & fully equipped summer kitchen making it an ideal spot for hosting friends & family. The backyard is a true oasis with sparkling pool, spa, lush landscaping and over the water deck & boat slips providing easy access to Lake Conroe for all your water adventures.
| |||
Property Highlights
Fireplace
Garage
With View
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 Walden
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Listed by: Wendy Welsh, Coldwell Banker Realty - Lake Conroe/Willis
Last Updated: 4 months ago
Data Source: HAR , MLS# 34135585
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Last Updated: 4 months ago
Data Source: HAR , MLS# 34135585
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