28
Map
$465,500 Last Listed Price
●
Condo -
Off Market
6 Key Harbour Drive
Montgomery, TX 77356
3 Beds
2 Baths,
1
Half Bath
1,608 Ft²
$3,369
Est. Monthly
$404
HOA / Fees
2.57%
Cap Rate
About This Property
Experience ultimate lake living in this 3 bedrm townhome in the
highly desired, gated community of Key Harbour. Fantastic location-
Take your boat or car to numerous restaurants, shops &
entertainment in the heart of Lake Conroe! Stunning open
water views is just the beginning. This beautiful townhome is sure
to check all the boxes & has a 2 car oversized garage, boat slip
w/lift (new motor just installed 4-21-25), jet ski lift &
incredible sunrises & sunsets. Luxury vinyl flooring
throughout, tile in kitchen & baths, & real wood on stairs. Kitchen
& bathrooms feature quartz counters. The luxurious primary bathrm
boasts a chandelier, dual vanity areas, dual closets, jetted
tub & separate shower. 2 of the 3 bedrms up share an extended
balcony & witness the stunning open water views as do most rooms in
the home. Key Harbour is a private gated complex on Lake Conroe
w/only 23 townhomes. Water, sewer & trash is included in monthly
maintenance. NO short term rentals-6 month or longer
Unit Size
1,608 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$289
Property Type
Condo
Property Taxes
$679
HOA Dues
$404
Year Built
1998
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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: 5 months ago (HAR #86747106)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 14, 2025 | Sold | ||
| Sold | |||
| Jun 15, 2025 | In contract | - | |
| In contract | |||
| May 27, 2025 | Price Decreased |
$465,500
↓ $7K
(1.5%) | |
| Price Decreased | |||
| May 13, 2025 | Price Decreased |
$472,500
↓ $13K
(2.7%) | |
| Price Decreased | |||
| May 6, 2025 | Price Decreased |
$485,500
↓ $13K
(2.6%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Additional Parking, Automatic Gate, Auto Garage Door Opener, Controlled Entrance
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Balcony, Prewired for Alarm System, All Bedrooms Up, Primary Bed - 2nd Floor
Appliances: Disposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher, Full Size
Flooring Type: Tile, Vinyl Plank
Laundry Features: In Garage, Electric Dryer Connection
Has Fireplace
Fireplace Features: Wood Burning
Fireplaces: 1
Exterior Details
Has Property Attached
Square Footage: 1608
Architectural Style: Traditional
Year Built: 1998
Waterfront Features: Waterfront, Lake Front, Bulkhead
Building Area Total: 1608
Levels: Levels 1 and 2
Window Features: Window Coverings
Construction Materials: Vinyl Siding, Wood Siding
Patio and Porch Features: Patio/Deck
Lot Size Area: 0.0587
Lot Size Units: Acres
Lot Size Acres: 0.0587
Lot Size Square Feet: 2557
Water Source: Water District
Financial Details
Tax Annual Amount: $8,147
Utilities Details
Cooling Type: Ceiling Fan(s), Electric
Heating Type: Electric
Location Details
HOA/Condo/Coop Amenities: Pool, Controlled Access
HOA Fee: $4,850
HOA Fee Frequency: Annually
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/23/2025
| |
3 Bed
|
2 Bath
|
1608 ft²
|
$498,500
3 Bed
2 Bath
1608 ft²
|
$439,000
-11.94%
07/14/2025
|
Theresa Scheib
Keller Williams - Conroe/Lake Conroe/Magnolia/Huntsville
|
Building Info
About Key Harbour
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Listed by: Theresa Scheib, Keller Williams Advantage Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 86747106
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Last Updated: 5 months ago
Data Source: HAR , MLS# 86747106
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