46
Map
$750,000 Last Listed Price
●
House -
Off Market
4045 Highland Pass
Montgomery, TX 77316
3 Beds
2 Baths,
1
Half Bath
2,500 Ft²
$4,385
Est. Monthly
$63
HOA / Fees
2.08%
Cap Rate
About This Property
One of a kind custom home with all the bells and whistles! Located
in a quiet gated community minutes from Lake Conroe and short drive
to Woodforest. Close to shopping, medical and dining. Home features
a HUGE custom built, epoxy floored garage, custom landscaping and
lighting, updated roof, 3 bedrooms, Study w/french doors,
Media/Gameroom, MUD room, walk in laundry room, several outdoor
living spaces including a stunning outdoor firepit area with a
custom built "man cave," Large pool, 2 covered patio areas with one
that has remote controlled screen doors. Primary bath is a dream!
HUGE walk in custom shower with dual heads, freestanding Copper
Garden Tub, HIS/HER sinks, with significant storage and a separate
make-up vanity area with a lit mirror, custom built closet with
huge island featuring a lot of pull out drawers, drop down racks
and dual wall cabinets. Home has updated lighting, Plantation
Shutters, tile flooring, built-ins, updated roof and more!
Unit Size
2,500 Ft²
Days on Market
-
Land Size
1.06 acres
Price per sqft
$300
Property Type
House
Property Taxes
$640
HOA Dues
$63
Year Built
2006
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Cap Rate Calculator
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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 #94491571)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 9, 2025 | Sold | ||
| Sold | |||
| Apr 23, 2025 | In contract | - | |
| In contract | |||
| Apr 16, 2025 | Listed by Boutwell Properties LLC | $750,000 | |
| Listed by Boutwell Properties LLC | |||
| Mar 26, 2025 | Listed | $749,900 | |
| Listed | |||
| | |||
|
Located in the prestigious Highland Ranch community, this home offers over an acre of tranquility and luxury living. Recently updated, it features an office, media room, and spacious garage with room for a boat and attic lift. The master suite has a lavish bathroom with a walk-in shower, copper tub, granite counters, and a custom closet. Step into the backyard oasis with a pool, fire pit, and cook shack overlooking a serene pond. Just minutes from Lake Conroe, this property is ideal for family enjoyment and relaxation. Major remodel in 2023 with new roof, brick/stone exterior, custom closet, owners bathroom suite, mud room, media room, can lighting in main living area and over sized 27x27 garage. Custom Front and back landscaping with a BBQ lovers cook shack, exterior low voltage lighting and top of the line security surveillance system. This house has it all. Don't miss out on this exceptional opportunity!
| |||
| Jan 31, 2025 | Price Decreased |
$799,900
↓ $75K
(8.6%) | |
| Price Decreased | |||
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Property Highlights
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With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Highland Ranch
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Listed by: Cindy Boutwell, Boutwell Properties LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 94491571
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Last Updated: 4 months ago
Data Source: HAR , MLS# 94491571
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