49
Map
$1,950,000 Last Listed Price
●
House -
Off Market
22 Lake Estates Drive
Montgomery, TX 77356
4 Beds
4 Baths,
1
Half Bath
6,875 Ft²
$11,763
Est. Monthly
$115
HOA / Fees
About This Property
Expansive single story custom home in the prestigious gated Estates
of Walden, set on over 2 acres! This estate offers luxurious living
with 4 bedrooms, 4.5 baths, an incredible game room, elegant home
office, formal living and dining rooms, a three-car garage and two
porte-cocheres. Elegant details include double glass front doors,
intricate tile work, a barrel ceiling spanning the home's length,
modern light fixtures, and sleek kitchen and baths. Designed for
entertaining, the home includes a game room w/ private bar, an
outdoor kitchen, and a resort-style heated pool with a waterfall,
hot tub, and fire pit. A surprise "lookout" space is accessed
from the storage room through a spiral staircase. Additional
features include PEX plumbing, tankless water heaters, a sprinkler
system, and all the amenities Walden has to offer. Zoned to
exemplary Montgomery schools.
Unit Size
6,875 Ft²
Days on Market
-
Land Size
2.19 acres
Price per sqft
$284
Property Type
House
Property Taxes
$2,072
HOA Dues
$115
Year Built
2008
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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 #60132768)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 21, 2025 | Sold | ||
| Sold | |||
| Mar 3, 2025 | In contract | - | |
| In contract | |||
| Feb 25, 2025 | Listed by The McKellar Group | $1,950,000 | |
| Listed by The McKellar Group | |||
| | |||
|
Expansive single story custom home in the prestigious gated Estates of Walden, set on over 2 acres! This estate offers luxurious living with 4 bedrooms, 4.5 baths, an incredible game room, elegant home office, formal living and dining rooms, a three-car garage and two porte-cochères. Elegant details include double glass front doors, intricate tile work, a barrel ceiling spanning the home's length, modern light fixtures, and sleek kitchen and baths. Designed for entertaining, the home includes a game room w/ private bar, an outdoor kitchen, and a resort-style heated pool with a waterfall, hot tub, and fire pit. A surprise "lookout" space is accessed from the storage room through a spiral staircase. Additional features include PEX plumbing, tankless water heaters, a sprinkler system, and all the amenities Walden has to offer. Zoned to exemplary Montgomery schools.
| |||
Property Highlights
Fireplace
Garage
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Walden
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Medina McKellar, The McKellar Group
Last Updated: 4 months ago
Data Source: HAR , MLS# 60132768
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Last Updated: 4 months ago
Data Source: HAR , MLS# 60132768
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