$79,000 Last Listed Price
●
Land -
Off Market
3203 Hemingway Drive
Montgomery, TX 77356
Studio
0 Bath
$568
Est. Monthly
$88
HOA / Fees
About This Property
Rare large corner lot ready to build your dream home in an
excellent location! Walden is a sought after community that offers
great ammenities for homeowners. Golf course, tennis, pickleball
courts, parks, walking trails and much more.
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
Land
Property Taxes
$93
HOA Dues
$88
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: 5 months ago (HAR #43287167)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 4, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| May 10, 2025 | Listed by Keller Williams Realty The Woodlands | $449,900 | |
| Listed by Keller Williams Realty The Woodlands | |||
| | |||
|
New single-story construction with 1-2-6 warranty on an oversized corner lot, with beautiful curb appeal and mature trees rarely found in new homes. This 3-bedroom + studio, 2.5-bath home offers a bright, open floor plan with 9-foot ceilings, a soaring 16-foot ceiling in the living area, and a taller-than-standard ceiling in the primary suite. Luxury vinyl plank flooring runs throughout, and a sleek linear smart fireplace adds a modern touch. The chef’s kitchen impresses with Samsung appliances, under-cabinet lighting, custom wood shelving, and an oversized pantry. Bedroom closets include clever 3rd-level storage. Built in collaboration with respected Houston developer Urbatechture, it also offers more brick, windstorm-prepared structure, and a full-yard sprinkler. The fenced backyard with its well-proportioned covered patio invites quiet evenings and lively gatherings. As Walden approaches build-out, this rare home offers the perfect mix of quality, style, and long-term value.
| |||
| Jun 26, 2024 | Sold | ||
| Sold | |||
| May 14, 2024 | In contract | - | |
| In contract | |||
| May 12, 2024 | Listed | $79,000 | |
| Listed | |||
| | |||
|
Rare large corner lot ready to build your dream home in an excellent location! Walden is a sought after community that offers great ammenities for homeowners. Golf course, tennis, pickleball courts, parks, walking trails and much more.
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Walden
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Listed by: Sharon Murray, The McKellar Group
Last Updated: 5 months ago
Data Source: HAR , MLS# 43287167
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Last Updated: 5 months ago
Data Source: HAR , MLS# 43287167
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