$105,000 Last Listed Price
●
Land -
Off Market
18568 Michaels Run
Montgomery, TX 77316
Studio
0 Bath
$127,688
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
Beautiful wooded lot in gated community with rolling hills, lakes
for fishing, a park and an 18-hole Gary Player designed golf
course. This lot is located toward the back of Grand Lake
Estates and backs u to a beautiful forest preserve! Consider
the priacy you will get with this lot! This community is
zoned to Montgomery ISD and is one of the most desirable locations
to live in Montgomery.
Unit Size
-
Days on Market
-
Land Size
1.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$80
HOA Dues
$58
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: 4 months ago (HAR #66783733)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 3, 2025 | Sold | ||
| Sold | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
| Oct 13, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 11, 2025 | Listed by RE/MAX The Woodlands & Spring | $1,170,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
   | |||
|
DISCOVER YOUR DREAM HOME IN THE EXCLUSIVE GATED GOLF COMMUNITY OF GRAND LAKE ESTATES. THIS SPECTACULAR BRAND-NEW 1.5 STORY HOME FEATURES 4 SPACIOUS BEDROOMS, 4 LUXURIOUS BATHROOMS, A PRIMARY SUITE ON THE FIRST FLOOR WITH A GENEROUS BATH W/ A DOUBLE SIDED FIREPLACE - TRULY A UNIQUE TOUCH. ONE OF THE BEDROOMS IS LOCATED ON THE 2ND FLOOR & OFFERS ITS OWN PRIVATE FULL BATHROOM WITH LOTS OF PRIVACY. OTHER FEAURES INCLUDE SOARING CEILINGS, A MEDIA ROOM, GAME ROOM, A GOURMET KITCHEN WITH QUARTZ COUNTERTOPS, PREMIUM CUSTOM CABINETRY, STATE-OF-THE-ART APPLIANCES, 3-CAR GARAGE W/ EPOXY FLOORING, ELEGANT LIVING SPACES, AND EXCEPTIONAL DETAILS THROUGHOUT. DON’T MISS THIS RARE OPPORTUNITY TO OWN THIS AMAZING MOVE-IN READY HOME IN GRAND LAKE ESTATES. SCHEDULE YOUR PRIVATE TOUR TODAY.
| |||
| Jun 11, 2025 | Listed by RE/MAX The Woodlands & Spring | $1,299,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
| | |||
|
DISCOVER YOUR DREAM HOME IN THE EXCLUSIVE GATED GOLF COMMUNITY OF GRAND LAKE ESTATES. THIS SPECTACULAR BRAND-NEW 1.5 STORY HOME FEATURES 4 SPACIOUS BEDROOMS, 4 LUXURIOUS BATHROOMS, A PRIMARY SUITE ON THE FIRST FLOOR WITH A GENEROUS BATH W/ A DOUBLE SIDED FIREPLACE - TRULY A UNIQUE TOUCH. ONE OF THE BEDROOMS IS LOCATED ON THE 2ND FLOOR & OFFERS ITS OWN PRIVATE FULL BATHROOM WITH LOTS OF PRIVACY. OTHER FEAURES INCLUDE SOARING CEILINGS, A MEDIA ROOM, GAME ROOM, A GOURMET KITCHEN WITH QUARTZ COUNTERTOPS, PREMIUM CUSTOM CABINETRY, STATE-OF-THE-ART APPLIANCES, MULTIPLE GARAGES, ELEGANT LIVING SPACES, AND EXCEPTIONAL DETAILS THROUGHOUT.
DON’T MISS THIS RARE OPPORTUNITY TO OWN A LUXURY HOME IN GRAN LAKE ESTATES. SCHEDULE YOUR PRIVATE TOUR TODAY AND MAKE THIS ONE-OF-A-KIND HOME YOURS!
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About Grand Lake Estates
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Listed by: Lindsay Landin, CB&A, Realtors
Last Updated: 4 months ago
Data Source: HAR , MLS# 66783733
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Last Updated: 4 months ago
Data Source: HAR , MLS# 66783733
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