$299,000 Last Listed Price
●
Land -
Off Market
7378 Teaswood Drive
Conroe, TX 77304
Studio
0 Bath
$396,324
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model
About This Property
Surround yourself with natural beauty at The Reserve in TeasWood.
This property is a perfect location to build your new Luxury home.
Enjoy the many amenities including a gated entrance, fantastic
walking trails, stocked fishing lakes and a beautiful community
clubhouse. Just minutes to shopping, Lake Conroe, The Woodlands,
I-45 and medical centers. Low tax rates, no flooding and no mud
tax.
Unit Size
-
Days on Market
-
Land Size
2.28 acres
Price per sqft
-
Property Type
Land
Property Taxes
$512
HOA Dues
$83
Year Built
-
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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 #9835177)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 26, 2023 | Sold | ||
| Sold | |||
| Sep 19, 2022 | Listed by Jo & Co. Realty Group | $1,200,000 | |
| Listed by Jo & Co. Realty Group | |||
| | |||
|
Located in the highly sought-after gated community of Teaswood - The Reserve, this gorgeous one-story new construction is scheduled to be finished by the end of October 2022. Built on 2.28 acres, this custom estate is offering extensive wood grain tile flooring, soaring ceilings, designer upgrades, and built-ins all throughout the home. This open floor plan home is 3,206 square feet featuring 3 oversized bedrooms, an office, a dining room, a wine grotto, 2 full baths, and a powder bathroom for the backyard. Attached to the home is the temperature-controlled oversized three-car garage. Mature trees and a reserve in the back of the property surround the underground swimming pool. A slab has been poured, and plans have been approved for a casita right off the pool. Comes complete with the backyard grill, fire pit, and fire bowls. Schedule a tour to come see this beautiful one-of-a-kind home today!
| |||
| Nov 12, 2020 | Sold | ||
| Sold | |||
| Oct 8, 2020 | Listed by Texas Premier Realty | $299,000 | |
| Listed by Texas Premier Realty | |||
| | |||
|
Surround yourself with natural beauty at The Reserve in TeasWood. This property is a perfect location to build your new Luxury home. Enjoy the many amenities including a gated entrance, fantastic walking trails, stocked fishing lakes and a beautiful community clubhouse. Just minutes to shopping, Lake Conroe, The Woodlands, I-45 and medical centers. Low tax rates, no flooding and no mud tax.
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Teaswood Reserve
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Listed by: Calvin Davis, Texas Premier Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 9835177
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Last Updated: 4 months ago
Data Source: HAR , MLS# 9835177
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