$550,000 Last Listed Price
●
Condo -
Off Market
7 Regency Point
Conroe, TX 77356
3 Beds
3 Baths
2,081 Ft²
$572,021
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model
About This Property
This beautiful waterfront townhouse is located on Lake Conroe in a
gated community. The perfect spot for fishing, boating, swimming,
or just enjoying the amazing views of the lake. Walk into this home
and instantly be met with endless views of Lake Conroe. Whether you
are cooking dinner in the kitchen, eating in the dining room or
relaxing on your couch in the living room; this house has views
throughout! The primary and secondary bedrooms both have access to
a private screened in balcony overlooking the lake. Are you
hot but just don't want to swim in the lake today? No problem! Jump
in for a quick cool down in the gated community pool. Community
offers a pool, tennis courts, lake access and boat ramp
conveniently located on the South side of the lake. Large backyard
patio for entertaining and a nice size fully fenced backyard. Condo
also includes a private boat slip. **Home is sold fully
furnished.**
Unit Size
2,081 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$264
Property Type
Condo
Property Taxes
$606
HOA Dues
$394
Year Built
1998
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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 #57123421)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2022 | Sold | ||
| Sold | |||
| Aug 11, 2022 | Listed by Keller Williams Realty Austin | $550,000 | |
| Listed by Keller Williams Realty Austin | |||
Property Highlights
Garage
With View
Fireplace
Interior Details
Full Bathrooms: 3
Has Fireplace
Fireplaces: 1
Exterior Details
Has Property Attached
Square Footage: 2081
Architectural Style: Mediterranean, Spanish
Year Built: 1998
Waterfront Features: Waterfront, Lake Front
Building Area Total: 2081
Levels: Levels 1 and 2
Construction Materials: Stucco
Lot Size Area: 0.043
Lot Size Units: Acres
Lot Size Acres: 0.043
Lot Size Square Feet: 1875
Water Source: Water District
Financial Details
Tax Annual Amount: $7,270
Utilities Details
Cooling Type: Electric
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA Fee: $394
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
08/11/2022
| |
3 Bed
|
3 Bath
|
2081 ft²
|
$550,000
3 Bed
3 Bath
2081 ft²
|
$530,000
-3.64%
09/23/2022
|
Gregory Tran
Keller Williams Realty Austin
|
|
01/27/2022
| |
3 Bed
|
3 Bath
|
2081 ft²
|
$549,900
3 Bed
3 Bath
2081 ft²
|
-
09/23/2022
|
Brett Sims
Vylla Home
|
|
08/16/2019
| |
3 Bed
|
3 Bath
|
2081 ft²
|
$340,000
3 Bed
3 Bath
2081 ft²
|
-
09/17/2019
|
Matt West
Keller Williams - Conroe/Lake Conroe/Magnolia/Huntsville
|
Building Info
About Regency Point
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Gregory Tran, Keller Williams Realty Austin
Last Updated: 4 months ago
Data Source: HAR , MLS# 57123421
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Last Updated: 4 months ago
Data Source: HAR , MLS# 57123421
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