$272,000 Last Listed Price
●
Land -
Off Market
20 E Forest Court
Conroe, TX 77384
Studio
0 Bath
$1,538
Est. Monthly
$22
HOA / Fees
About This Property
Gorgeous estate-sized wooded lot, just over an acre, ready for
breaking ground on your Custom-built home. Don't miss your
opportunity to secure one of the very last available lots in Lake
Creek Forest. Create your own forested sanctuary on this protected
cul-de-sac property offering you privacy, while minutes from work
and play in The Woodlands, Conroe, Lake Conroe and more. In
Lake Creek Forest, you'll join a community where homeowners build
dream-retreats that include Barns/Workshops, outdoor entertainment
and cooking areas, and custom pools. Amazing country-style
subdivision that's convenient to all that The Woodlands offers --
great schools, shopping, restaurants, world-class healthcare and
technology centers, and everyone's favorite music venue, the
Mitchell Pavillion. Rare opportunity to create your next home
nestled in these Piney Woods.
Unit Size
-
Days on Market
-
Land Size
1.02 acres
Price per sqft
-
Property Type
Land
Property Taxes
$180
HOA Dues
$22
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 #78895287)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 13, 2024 | Sold | ||
| Sold | |||
| Dec 4, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | Listed by Coldwell Banker Realty - The Woodlands | $272,000 | |
| Listed by Coldwell Banker Realty - The Woodlands | |||
| | |||
|
Gorgeous estate-sized wooded lot, just over an acre, ready for breaking ground on your Custom-built home. Don't miss your opportunity to secure one of the very last available lots in Lake Creek Forest. Create your own forested sanctuary on this protected cul-de-sac property offering you privacy, while minutes from work and play in The Woodlands, Conroe, Lake Conroe and more. In Lake Creek Forest, you'll join a community where homeowners build dream-retreats that include Barns/Workshops, outdoor entertainment and cooking areas, and custom pools. Amazing country-style subdivision that's convenient to all that The Woodlands offers -- great schools, shopping, restaurants, world-class healthcare and technology centers, and everyone's favorite music venue, the Mitchell Pavillion. Rare opportunity to create your next home nestled in these Piney Woods.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Lake Creek Forest
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Listed by: Melissa Hart, Coldwell Banker Realty - The Woodlands
Last Updated: 6 months ago
Data Source: HAR , MLS# 78895287
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Last Updated: 6 months ago
Data Source: HAR , MLS# 78895287
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