$650,000 Last Listed Price
●
House -
Off Market
388 Skipper Lane
Montgomery, TX 77316
4 Beds
2 Baths,
1
Half Bath
2,561 Ft²
$655,061
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Beautifully maintained 4 bedroom home quietly nestled on 1.75 acres
in the peaceful Ridgelake Shores community. Conveniently located
just minutes from Trophy Lake for some great fishing or kayaking.
Impressive floor plan includes formal living room with stacked
stone fireplace, dining room and breakfast room. Spacious family
room boasts vaulted ceilings and gas log fireplace. Gourmet kitchen
is complete with large breakfast bar, stainless appliances, granite
counter tops and stone backsplash. Relaxing primary retreat offers
walk in closet, dual sinks, Jacuzzi tub and separate shower. The
back yard is perfect for outdoor entertaining with extended covered
patio with ceiling fan and swimming pool. Additional amenities
include 3 car garage and huge workshop with efficiency guest
quarters. Roof, Central Air & Heat replaced in 2020. Pool was
refinished and pool equipment replaced in 2020. Residents of this
great community enjoy playground with basketball court and sand
volleyball.
Unit Size
2,561 Ft²
Days on Market
-
Land Size
1.75 acres
Price per sqft
$254
Property Type
House
Property Taxes
$767
HOA Dues
$29
Year Built
2003
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 #37649782)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 31, 2022 | Sold | ||
| Sold | |||
| Apr 21, 2022 | Listed by Keller Williams Metropolitan | $650,000 | |
| Listed by Keller Williams Metropolitan | |||
| | |||
|
Beautifully maintained 4 bedroom home quietly nestled on 1.75 acres in the peaceful Ridgelake Shores community. Conveniently located just minutes from Trophy Lake for some great fishing or kayaking. Impressive floor plan includes formal living room with stacked stone fireplace, dining room and breakfast room. Spacious family room boasts vaulted ceilings and gas log fireplace. Gourmet kitchen is complete with large breakfast bar, stainless appliances, granite counter tops and stone backsplash. Relaxing primary retreat offers walk in closet, dual sinks, Jacuzzi tub and separate shower. The back yard is perfect for outdoor entertaining with extended covered patio with ceiling fan and swimming pool. Additional amenities include 3 car garage and huge workshop with efficiency guest quarters. Roof, Central Air & Heat replaced in 2020. Pool was refinished and pool equipment replaced in 2020. Residents of this great community enjoy playground with basketball court and sand volleyball.
| |||
Property Highlights
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 Ridgelake Shores
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Rene Sorola, Keller Williams Metropolitan
Last Updated: 4 months ago
Data Source: HAR , MLS# 37649782
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# 37649782
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017