43
Map
$545,000
↓ $55K (9.2%)
●
Condo -
For Sale
2 Regency Point
Montgomery, TX 77356
3 Beds
3 Baths
2,010 Ft²
$4,057
Est. Monthly
$584
HOA / Fees
1.66%
Cap Rate
About This Property
Enjoy the best of Lake Conroe with stunning open water views and
direct lake access offering a rare opportunity to own a true
waterfront lifestyle at an exceptional value. Whether you're
looking for a full-time residence or weekend retreat, this home
delivers the perfect balance of comfort, function, and location.
Inside, you'll find an updated interior featuring waterproof
flooring, Cambria Quartz countertops, high ceilings, wet bar, wine
fridge, and refrigerator included-making it ideal for everyday
living and entertaining. Step outside to multiple outdoor living
spaces, including a screened balcony, patio, and new deck perfect
for morning coffee at sunrise, relaxing evenings, or hosting
friends while enjoying expansive lake views. Additional
improvements include new HVAC, windows, and insulation providing
enhanced energy efficiency. Conveniently located near dining,
shopping, and entertainment, this home offers waterfront living
with the beauty of Lake Conroe at your doorstep.
Unit Size
2,010 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$271
Property Type
Condo
Property Taxes
$796
HOA Dues
$584
Year Built
1998
Listed By
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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: 20 days ago (HAR #8684293)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2026 | Price Decreased |
$545,000
↓ $55K
(9.2%) | |
| Price Decreased | |||
| Jul 15, 2026 | Listed by Keller Williams Realty The Woodlands | $599,900 | |
| Listed by Keller Williams Realty The Woodlands | |||
Property Highlights
Garage
Air Conditioning
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Additional Parking, Boat, Garage, Unassigned, Automatic Gate, Controlled Entrance
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Crown Molding, Dry Bar, High Ceilings, Wet Bar, Balcony, All Bedrooms Up, En-Suite Bath, Primary Bed - 2nd Floor, Sitting Area, Walk-In Closet(s)
Appliances: ENERGY STAR Qualified Appliances, Disposal, Refrigerator, Water Softener, Wine Refrigerator, Electric Oven, Microwave, Electric Range, Dishwasher, Washer/Dryer, Full Size
Flooring Type: Laminate, Tile
Door Features: Insulated Doors
Laundry Features: Inside, Electric Dryer Connection
Exterior Details
Has Property Attached
Square Footage: 2010
Architectural Style: Contemporary, Mediterranean
Year Built: 1998
Waterfront Features: Waterfront, Lake Front, Bulkhead, Wood Bulkhead
Building Area Total: 2010
Levels: All Levels
Window Features: Storm Window(s), Window Coverings, Insulated/Low-E windows
Construction Materials: Stucco, Insulation - Blown Fiberglass
Patio and Porch Features: Patio
Lot Features: Back Yard
Lot Size Area: 0.043
Lot Size Units: Acres
Lot Size Acres: 0.043
Lot Size Square Feet: 1873
Water Source: Public
Financial Details
Tax Annual Amount: $9,557
Utilities Details
Cooling Type: Ceiling Fan(s), Electric, Zoned
Heating Type: Electric, Zoned
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Boat Dock, Boat Slip, Clubhouse, Dry Dock, Pool, RV/Boat Storage, Sport Court, Tennis Court(s), Controlled Access, Lawn Care, Pickleball Court
HOA Fee: $584
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/26/2026
| |
3 Bed
|
3 Bath
|
2010 ft²
|
$615,000
3 Bed
3 Bath
2010 ft²
|
-
-
|
LeAnne Strempel
Keller Williams - The Woodlands
|
|
02/20/2022
| |
3 Bed
|
3 Bath
|
2010 ft²
|
$549,000
3 Bed
3 Bath
2010 ft²
|
$611,800
+11.44%
03/21/2022
|
Trevor Carpenter
Keller Williams Woodlands
|
|
05/28/2021
| |
3 Bed
|
3 Bath
|
2010 ft²
|
$489,000
3 Bed
3 Bath
2010 ft²
|
-
06/25/2021
|
Heather Carlile
Blavesco, LTD
|
Building Info
About Regency Point
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Listed by: LeAnne Strempel, Keller Williams Realty The Woodlands
Last Updated: 20 days ago
Data Source: HAR , MLS# 8684293
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Last Updated: 20 days ago
Data Source: HAR , MLS# 8684293
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