$798,000 Last Listed Price
●
House -
Off Market
724 Mountain View Drive
Montgomery, TX 77356
6 Beds
5 Baths,
3
Half Baths
6,361 Ft²
$1,067,080
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
ESTATE SIZED LAKE LIVING in The Cliffs at South Shore - tucked in a
quiet, gated enclave with easy access to FM 105 amenities & minutes
to top-ranked Montgomery H.S.! Recently resurfaced pool, and new
fence in this 2-story custom with extraordinary features
throughout: upstairs one-bedroom apartment with private entry to
garage & full kitchen/living area! Sprawling lot and home includes
a 4-car epoxy garage, massive outdoor/covered living area
w/fireplace, summer kitchen plus large back yard for
pets/entertainment! Interior boasts Hill Country finishes with
shiplap walls, handsome built-ins, soft brick accents for warm
luxury living! Large island kitchen with new built-in fridge,
walk-in pantry, large utility rm/optional catering kitchen + smart
mud/locker area, owners retreat with sitting area, en suite
bedrooms upstairs, separate game & media rooms with screen &
projector & 2nd staircase for easy access! Low tax rate; high and
dry living with nearby lake views; INCREDIBLE VALUE!
Unit Size
6,361 Ft²
Days on Market
-
Land Size
1.22 acres
Price per sqft
$125
Property Type
House
Property Taxes
$1,655
HOA Dues
$67
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: 5 months ago (HAR #92162641)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Mar 8, 2025 | In contract | - | |
| In contract | |||
| Dec 10, 2024 | Listed by Keller Williams Advantage Realty | $250,000 | |
| Listed by Keller Williams Advantage Realty | |||
   | |||
|
Welcome to over an acre of unparalleled potential in one of the most prestigious waterfront communities on Lake Conroe! This exceptional lot features an existing foundation slab, an in-ground swimming pool, and utilities, offering a head start on crafting your dream home. Structural Engineer’s report on slab and swimming pool available upon request. The Cliffs at South Shore is a gorgeous, gated community that provides a comfortable, upscale living experience. Private neighborhood boat launch provides quick access to Lake Conroe. Only 15 minutes to the Margaritaville resort featuring 18 holes of golf, restaurants, live music, lazy river and Texas-sized lounging pool! Montgomery offers lakefront dining, hiking trails, parks, wineries, historic downtown shops, and excellent Montgomery ISD schools. Whether you’re looking to build a modern masterpiece or a timeless estate, this property provides the canvas for your imagination!
| |||
| Oct 20, 2020 | Sold | ||
| Sold | |||
| Feb 26, 2020 | Listed by Compass Re Texas, LLC | $798,000 | |
| Listed by Compass Re Texas, LLC | |||
| | |||
|
ESTATE SIZED LAKE LIVING in The Cliffs at South Shore - tucked in a quiet, gated enclave with easy access to FM 105 amenities & minutes to top-ranked Montgomery H.S.! Recently resurfaced pool, and new fence in this 2-story custom with extraordinary features throughout: upstairs one-bedroom apartment with private entry to garage & full kitchen/living area! Sprawling lot and home includes a 4-car epoxy garage, massive outdoor/covered living area w/fireplace, summer kitchen plus large back yard for pets/entertainment! Interior boasts Hill Country finishes with shiplap walls, handsome built-ins, soft brick accents for warm luxury living! Large island kitchen with new built-in fridge, walk-in pantry, large utility rm/optional catering kitchen + smart mud/locker area, owners retreat with sitting area, en suite bedrooms upstairs, separate game & media rooms with screen & projector & 2nd staircase for easy access! Low tax rate; high and dry living with nearby lake views; INCREDIBLE VALUE!
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Cliffs at South Shore
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Listed by: Jo Anne Johnson, Compass Re Texas, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 92162641
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Last Updated: 5 months ago
Data Source: HAR , MLS# 92162641
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