$950,000 Last Listed Price
●
House -
Off Market
7385 Teaswood Drive
Conroe, TX 77304
5 Beds
3 Baths,
1
Half Bath
4,064 Ft²
$6,023
Est. Monthly
$133
HOA / Fees
About This Property
Located in the gated neighborhood of Teaswood Reserve. Only a few
mins from Lake Conroe, I-45, & a short drive to The Woodlands.
From the elegant architecture to its breathtaking views, this
beautifully remodeled home offers a unique blend of luxury,
tranquility and convenience. Situated on 2.24 acres with
remarkable verdure and private pool. Featuring a luxurious
kitchen with high-end appliances, custom cabinetry & expansive
island. kitchen opens to exquisitely designed sunken living
room with stone fireplace & custom built-ins. Recessed
primary suite with a gorgeous view & walk-n closet that opens to
laundry room. Two spacious secondary bedrooms downstairs
feature huge walk-in closets. Upstairs features a large game room
w/full bath & two bedrooms. Oversized heated/cooled garage w/epoxy
flooring & ample cabinets/storage. 20KW standby generator.
*An Additional 220 sq/ft heat/cool guest room w/full bath is
not included in listed sq/ft or bathroom count. Roof replaced
in 2020!
Unit Size
4,064 Ft²
Days on Market
-
Land Size
2.24 acres
Price per sqft
$234
Property Type
House
Property Taxes
$1,225
HOA Dues
$133
Year Built
1998
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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: 5 months ago (HAR #77448365)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 9, 2024 | Sold | ||
| Sold | |||
| Dec 24, 2023 | In contract | - | |
| In contract | |||
| Oct 26, 2023 | Listed by One Property Grp | $950,000 | |
| Listed by One Property Grp | |||
| | |||
|
Located in the gated neighborhood of Teaswood Reserve. Only a few mins from Lake Conroe, I-45, & a short drive to The Woodlands. From the elegant architecture to its breathtaking views, this beautifully remodeled home offers a unique blend of luxury, tranquility and convenience. Situated on 2.24 acres with remarkable verdure and private pool. Featuring a luxurious kitchen with high-end appliances, custom cabinetry & expansive island. kitchen opens to exquisitely designed sunken living room with stone fireplace & custom built-ins. Recessed primary suite with a gorgeous view & walk-n closet that opens to laundry room. Two spacious secondary bedrooms downstairs feature huge walk-in closets. Upstairs features a large game room w/full bath & two bedrooms. Oversized heated/cooled garage w/epoxy flooring & ample cabinets/storage. 20KW standby generator. *An Additional 220 sq/ft heat/cool guest room w/full bath is not included in listed sq/ft or bathroom count. Roof replaced in 2020!
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Teaswood Reserve
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Listed by: Tamara Matlock, One Property Grp
Last Updated: 5 months ago
Data Source: HAR , MLS# 77448365
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Last Updated: 5 months ago
Data Source: HAR , MLS# 77448365
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