$1,150,000 Last Listed Price
●
House -
Off Market
42 Lake Sterling Gate Drive
Spring, TX 77379
4 Beds
4 Baths,
2
Half Baths
6,091 Ft²
$1,367,857
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
Gorgeous Lakefront custom home in gated community. Entry has double
metal doors & 2 winding staircases w/iron rails-wow! Formal Living
w/Stone Fireplace. Formal Dining also has a full bar w/stone
accents & wine cellar storage space. Travertine floors; fresh
custom paint (in & out). Family, Kitchen & Breakfast are all open.
Family Room w/Stone Fireplace & wood ceiling accents. Kitchen is a
cook's dream w/black stainless appl,, dble ovens, 5 burner
cook-top, & built in refrig stays! Tons of cabinet space w/island
seating & large pantry. Views of the Lake from almost every window.
Gorgeous back yard lanai w/fireplace, 2 sitting areas & outdoor
kitchen. Beautiful landscaping & heated pool w/waterfall grotto.
Fireplace in Primary & Primary Bath! Cedar lined primary
closet. Game Room up w/balcony & sitting area & second bar. HUGE
Media Room fully equipped! 2 bedrooms down; 48 KW Generator runs
the whole house & pool. Newer roof w/30 yr shingles, updated
HVACs & Water Heaters. NO FLOODING.
Unit Size
6,091 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$189
Property Type
House
Property Taxes
$1,655
HOA Dues
$292
Year Built
2004
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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: 4 months ago (HAR #27131385)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2025 | Sold | ||
| Sold | |||
| Aug 10, 2025 | In contract | - | |
| In contract | |||
| Jun 18, 2025 | Listed by RE/MAX Integrity | $1,225,000 | |
| Listed by RE/MAX Integrity | |||
   | |||
|
GORGEOUS LAKEFRONT ESTATE HOME IN GATED COMMUNITY W/NEW UPDATES. Entry w/double metal doors & 2 winding staircases w/iron rails! Formal Living w/Stone Fireplace. Formal Dining has full bar w/stone accents & wine cellar storage. Travertine floors; custom paint. New Carpet. Family, Kitchen & Breakfast are open. Family Room w/Stone Fireplace. Kitchen is a cook's dream w/black stainless appl, dble ovens, 5 burner cook-top, & built in refrig stays! Great cabinet space w/island seating & lg pantry & new white cabinets w/black island. Views of Lake from almost every window. Gorgeous back yard lanai w/fireplace, 2 sitting areas & outdoor kitchen. Beautiful landscaping & heated pool w/waterfall grotto. Fireplace in Primary & Primary Bath! Primary Bath Newly Updated w/marble look tile. Cedar lined primary closet. Game Room up w/balcony, sitting area & second bar. HUGE Media Room fully equipped! 48 KW Generator runs everything. Newer roof w/30 yr shingles, updated HVACs & Water Heaters.
| |||
| Mar 8, 2025 | Price Decreased |
$1,200,000
↓ $25K
(2%) | |
| Price Decreased | |||
| Jan 3, 2025 | Relisted | $1,225,000 | |
| Relisted | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Lakes of Sterling Gate
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Listed by: Valery Smith-Blank, RE/MAX Integrity
Last Updated: 4 months ago
Data Source: HAR , MLS# 27131385
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Last Updated: 4 months ago
Data Source: HAR , MLS# 27131385
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