$187,500 Last Listed Price
●
House -
Off Market
23655 Horseshoe Bend
Montgomery, TX 77316
2 Beds
1 Bath
988 Ft²
$193,081
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model
About This Property
Charming Country cottage with 2 bedrooms & 1 bath - nestled among
the trees, just down the street from fishing pond in the popular
neighborhood of Tri Lakes. Home features wood flooring, separate
living and dining area. Recently Updated bathroom with shower and
vanity. Cheerful Sunroom is air-conditioned and makes a nice bonus
room. Gazebo covered back deck overlooks large fenced yard. Covered
carport has an attached storage room that could be used as a
workshop and is plumbed for full size washer/dryer. (Also has
space/plumbing for stackable washer/dryer in the home.) Roof
replaced 2016. Over $50K worth of recent updates &
improvements in this lovely home. No Flooding Issues Ever. Zoned
for Exemplary Montgomery Schools. Super Low Property Taxes!!!
Unit Size
988 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$190
Property Type
House
Property Taxes
$168
HOA Dues
$5
Year Built
1985
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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 #95984787)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 23, 2022 | Sold | ||
| Sold | |||
| Feb 10, 2022 | Listed by Parkway Realty | $187,500 | |
| Listed by Parkway Realty | |||
| | |||
|
Charming Country cottage with 2 bedrooms & 1 bath - nestled among the trees, just down the street from fishing pond in the popular neighborhood of Tri Lakes. Home features wood flooring, separate living and dining area. Recently Updated bathroom with shower and vanity. Cheerful Sunroom is air-conditioned and makes a nice bonus room. Gazebo covered back deck overlooks large fenced yard. Covered carport has an attached storage room that could be used as a workshop and is plumbed for full size washer/dryer. (Also has space/plumbing for stackable washer/dryer in the home.) Roof replaced 2016. Over $50K worth of recent updates & improvements in this lovely home. No Flooding Issues Ever. Zoned for Exemplary Montgomery Schools. Super Low Property Taxes!!!
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Montgomery
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Listed by: Connie Renouard, Parkway Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 95984787
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Last Updated: 4 months ago
Data Source: HAR , MLS# 95984787
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