$264,900 Last Listed Price
●
House -
Off Market
18581 Meadow Point Lane
Conroe, TX 77316
3 Beds
2 Baths
1,449 Ft²
$276,785
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model
About This Property
This brand NEW modern energy-efficient home has spray foam
insulation, gorgeous open floor plan, & smart home upgrades
throughout ready for immediate move in. Fridge, washer, & dryer
INCLUDED!! Tankless water heater! The gorgeous luxury vinyl floor
is not only gorgeous but durable & easy to keep clean. Private
owner suite at back of home boasts his-and-hers sinks & large
walk-in closet for ample storage. In the kitchen, a large island
with quartz countertops & spacious pantry maximize convenience &
open concept living. All your living will happen in these spaces.
Open floorplan is large & open. White cabinets, subway tile, &
shiplap wall & island are designer upgrades that set this home
apart from others. Large covered patio looks out to trees as
behind the home is the community splash pad & park. Pine Lake Cove
is just minutes from Lake Conroe w/ future access to a
residents-only boat ramp. The community is zoned in the
sought-after Montgomery ISD & is near parks and entertainment.
Unit Size
1,449 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$183
Property Type
House
Property Taxes
-
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: 5 months ago (HAR #53534064)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 21, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 25, 2026 | Price Decreased |
$259,500
↓ $3K
(1%) | |
| Price Decreased | |||
| Jan 9, 2026 | Listed by JLA Realty | $262,000 | |
| Listed by JLA Realty | |||
| | |||
|
Check out this modern energy-efficient home with spray foam insulation, gorgeous open floor plan, & smart home upgrades! Washer/Dryer/Fridge are INCLUDED in this home. This property also offers luxury vinyl plank flooring, quartz counters, and a tankless water heater! In the large primary bed/bath you'll find dual sinks, a oversized shower, and great closet. The living/dining/kitchen space offers an open concept that maximizes convenience & perfect for hosting! You'll also find upgraded accent walls in the dining room & facing of the bar/island in the kitchen. A MAJOR BONUS is the large covered patio & the semi-private backyard as it overlooks the park/splash pad area just behind the property!
Pine Lake Cove is minutes from Lake Conroe w/ future access to a residents-only boat ramp. The community is zoned in the sought-after Montgomery ISD & is near parks, shopping, and restaurants! This neighborhood offers a Splashpad, Parks, Walking Trails, Dog Park, and future Pool- Summer 2026!
| |||
| Feb 15, 2023 | Sold | ||
| Sold | |||
| Jan 4, 2023 | Listed by Sparrow Realty | $264,900 | |
| Listed by Sparrow Realty | |||
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About Montgomery
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Listed by: Christiana McCarley, Sparrow Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 53534064
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Last Updated: 5 months ago
Data Source: HAR , MLS# 53534064
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