$899,000 Last Listed Price
●
House -
Off Market
22 Watertree Drive
The Woodlands, TX 77380
4 Beds
3 Baths,
2
Half Baths
4,577 Ft²
$911,320
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
Warm, casual elegance perfectly describes this fine southern
traditional home set amidst majestic hardwoods and brilliant
year-round blooming shrubs & flowers.It sits on 1.1 acres w/a
reserve area to the left adding even more privacy.Grogan's Point is
a community of outstanding properties and is more than an
address.It is a way of life offering camaraderie for your
family!Ponds, parks, walking paths!You will love the curb appeal of
this home!Inside hardwood floors flow thru most of the
downstairs.You will find a fully paneled study, very spacious
primary suite w/ updated bath.Flexible floorplan offers formal
dining, formal living w/fireplace.Or the formal living could opt as
family room.Kitchen overlooks breakfast area & other sitting/living
area w/fireplace. Very cozy! Well-appointed kitchen w/granite
countertops! Upstairs are 2 bedrooms w/Jack&Jill bath, 1
ensuite and a game room. Lovely pool/spa! 3-car detached garage &
1-car port cochere. Unfinished area over garage w/electricity.
Unit Size
4,577 Ft²
Days on Market
-
Land Size
1.12 acres
Price per sqft
$196
Property Type
House
Property Taxes
$813
HOA Dues
-
Year Built
1989
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #58839762)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 14, 2022 | Sold | ||
| Sold | |||
| Mar 18, 2022 | Listed by BHGRE Gary Greene | $899,000 | |
| Listed by BHGRE Gary Greene | |||
| | |||
|
Warm, casual elegance perfectly describes this fine southern traditional home set amidst majestic hardwoods and brilliant year-round blooming shrubs & flowers.It sits on 1.1 acres w/a reserve area to the left adding even more privacy.Grogan's Point is a community of outstanding properties and is more than an address.It is a way of life offering camaraderie for your family!Ponds, parks, walking paths!You will love the curb appeal of this home!Inside hardwood floors flow thru most of the downstairs.You will find a fully paneled study, very spacious primary suite w/ updated bath.Flexible floorplan offers formal dining, formal living w/fireplace.Or the formal living could opt as family room.Kitchen overlooks breakfast area & other sitting/living area w/fireplace. Very cozy! Well-appointed kitchen w/granite countertops! Upstairs are 2 bedrooms w/Jack&Jill bath, 1 ensuite and a game room. Lovely pool/spa! 3-car detached garage & 1-car port cochere. Unfinished area over garage w/electricity.
| |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About The Woodlands
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Cheryle Sanderson, BHGRE Gary Greene
Last Updated: 4 months ago
Data Source: HAR , MLS# 58839762
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any
purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Last Updated: 4 months ago
Data Source: HAR , MLS# 58839762
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017