50
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$1,795,000 Last Listed Price
●
House -
Off Market
79 Broad Cove Drive
Montgomery, TX 77356
4 Beds
4 Baths,
1
Half Bath
4,960 Ft²
$10,805
Est. Monthly
$117
HOA / Fees
0.27%
Cap Rate
About This Property
Experience Luxury Open Waterfront Living with this stunning UPDATED
custom home situated on the shoreline of Lake Conroe. Located in
the Estates of BENTWATER, this beauty has 128 ft of waterfront, a
sparkling pool & spa, summer kitchen, multiple outdoor
entertainment areas, boathouse PLUS boat & jet ski slips. Inside
you will be greeted by an elegant floorplan w/ tremendous updating.
Downstairs boasts of a grand foyer, Living & Dining, Open remodeled
kitchen & family, and 3 BR-3.5 Baths. Upstairs you find a very
special owners retreat w/ impressive study, wet bar, balcony,
private BR & huge spa-like bath (plus an extra room w/ a second
staircase to the garage. Oversized 3 car garage, generator,
elevator, whole house water filtration system, attic w/ spray foam
insulation, huge laundry w/ extra storage & drop-off zone. This
property is truly one of kind with a view you will love! (New steel
bulkhead being installed!) Masters membership available! Live like
you are on vacation!
Unit Size
4,960 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$362
Property Type
House
Property Taxes
$1,874
HOA Dues
$117
Year Built
1995
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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 #41374744)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 15, 2025 | Sold | ||
| Sold | |||
| Mar 28, 2025 | In contract | - | |
| In contract | |||
| Mar 22, 2025 | Listed by Better Homes and Gardens Real Estate Gary Greene - Lake Conroe North | $1,795,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Lake Conroe North | |||
| Jun 29, 2020 | Sold | ||
| Sold | |||
| Mar 14, 2019 | Listed by Elite R. E. Professionals | $995,000 | |
| Listed by Elite R. E. Professionals | |||
| | |||
|
Gated Community of Bentwater, Kitchen, Master Bath and all bathrooms updated Aug. 2019! Fresh paint, granite, fixtures, pulls, shower and so much more! Formal Dining, Formal Living, Spacious family room, breakfast area and kitchen (pot rack stays) built in refrigerator, double convection ovens, island with large gas cooktop w/access to the pool, large decks (replaced 3 years ago ),ELEVATOR to the Master Retreat w private Study! Two guest bedrooms with private baths downstairs!Several extra rooms: Guest room/second study off den with bath, Loft Room upstairs for extra Guest or kids playroom, craft room and more! Wood Floors, Designer paints, Outside is a huge deck for entertaining, heated spa & pool, Boat House with lift and party deck, boat slip for the fishing boat, double waverunner slip! Approx. 126+ ft of bulkheaded waterfront! Generator, ready for the summer fun!
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Property Highlights
Elevator
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Bentwater
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Listed by: Sarah Conway, Better Homes and Gardens Real Estate Gary Greene - Lake Conroe North
Last Updated: 5 months ago
Data Source: HAR , MLS# 41374744
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Last Updated: 5 months ago
Data Source: HAR , MLS# 41374744
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