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$879,900
●
House -
For Sale
237 Blue Heron Drive
Montgomery, TX 77316
4 Beds
3 Baths
2,965 Ft²
$5,736
Est. Monthly
$63
HOA / Fees
About This Property
Stunning waterfront home in the highly desired gated community of
Blue Heron Bay! Nestled in a quiet cove overlooking a serene
wildlife preserve, this residence offers a peaceful lifestyle. Step
into a grand interior featuring soaring ceilings & a spacious
open-concept floorplan. Formal dining RM is showcased by elegant
arches. Massive living RM w/entertainment wall, opens to a
light-filled breakfast RM. Chef's kitchen w/gas stovetop, granite
countertops & a stylish backsplash. Large laundry RM w/full bath &
storage. Owner's suite w/tall ceilings, huge walk-in closet &
access to the backyard oasis. Owner's ensuite bath w/NEW dual
sinks, large walk-in shower & jetted soaking tub. Second BR down
could also be a study! A dramatic staircase leads to the 2nd floor
featuring a game RM, 2 secondary bed RM's & a hall bath. Balcony
off game RM enjoys breathtaking lake views! Entertaining backyard
oasis w/heated POOL & SPA! EXTERIOR PAINTED (2025) 2 NEW HVAC'S
(2025) PULL FEATURE SHEET!
Unit Size
2,965 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$297
Property Type
House
Property Taxes
$1,352
HOA Dues
$63
Year Built
2006
Listed By
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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: 7 days ago (HAR #60420875)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 25, 2026 | Relisted | $879,900 | |
| Relisted | |||
| Oct 17, 2026 | In contract | - | |
| In contract | |||
| Oct 2, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 29, 2026 | Listed by Better Homes and Gardens Real Estate Gary Greene - Lake Conroe North | $879,900 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Lake Conroe North | |||
| Jul 25, 2026 | Price Decreased |
$884,900
↓ $15K
(1.7%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Oversized, Garage Door Opener, Electric Vehicle Charging Station(s), Automatic Gate
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Crown Molding, High Ceilings, Balcony, Formal Entry/Foyer, 2 Bedrooms Down, 2 Bedrooms Up, En-Suite Bath, Primary Bed - 1st Floor, Walk-In Closet(s)
Appliances: Disposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher
Flooring Type: Carpet, Tile
Laundry Features: Washer Hookup
Has Fireplace
Fireplace Features: Gas Log
Fireplaces: 1
Exterior Details
Square Footage: 2965
Architectural Style: Traditional
Year Built: 2006
Waterfront Features: Lake Front, Bulkhead, Wood Bulkhead
Building Area Total: 2965
Window Features: Window Coverings
Construction Materials: Brick
Patio and Porch Features: Covered, Patio, Porch
Pool Features: Gunite, In Ground, Pool With Hot Tub Attached
Pool is Private
Lot Features: Back Yard, Cleared, Subdivided, Waterfront, 0 Up To 1/4 Acre
Lot Size Area: 0.3001
Lot Size Units: Acres
Lot Size Acres: 0.3001
Lot Size Square Feet: 13072.356
Water Source: Public, Water District
Financial Details
Tax Annual Amount: $16,220
Utilities Details
Cooling Type: Ceiling Fan(s), Electric
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA Fee: $757
HOA Fee Frequency: Annually
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
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Blue Heron Bay
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Listed by: Sarah Conway, Better Homes and Gardens Real Estate Gary Greene - Lake Conroe North
Last Updated: 7 days ago
Data Source: HAR , MLS# 60420875
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Last Updated: 7 days ago
Data Source: HAR , MLS# 60420875
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