40
Map
$1,073,100
↓ $22K (2%)
●
House -
For Sale
848 Lake View Drive
Montgomery, TX 77356
3 Beds
2 Baths,
1
Half Bath
2,940 Ft²
$6,085
Est. Monthly
$20
HOA / Fees
About This Property
Experience exceptional lakefront living in this fully reimagined
luxury retreat where sophisticated design meets effortless
indoor-outdoor living. Completely transformed from top to bottom,
the residence showcases elevated finishes, modern infrastructure,
and premier waterfront amenities. Two levels of new porches,
balconies, and stairs showcase breathtaking lake views,
complemented by a new bulkhead and private boat dock for the
ultimate waterfront lifestyle. Inside, a stunning gourmet kitchen,
lavish primary suite with spa-inspired bath and expansive closet,
designer lighting, new flooring, and a dramatic custom fireplace
create an atmosphere of refined elegance. Extensive upgrades
include a new roof, windows, electrical and plumbing systems,
elevator, pool equipment, and beautifully renovated lower level.
Impeccably landscaped and truly turnkey, this extraordinary lake
house offers a rare opportunity to enjoy luxury living at its
finest-simply arrive, unwind, and embrace the lake.
Unit Size
2,940 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$365
Property Type
House
Property Taxes
$795
HOA Dues
$20
Year Built
1985
Listed By
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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: 3 days ago (HAR #94443827)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 8, 2026 | Price Decreased |
$1,073,100
↓ $22K
(2%) | |
| Price Decreased | |||
| Aug 13, 2026 | Listed by Carswell Real Estate Co. Inc. | $1,095,000 | |
| Listed by Carswell Real Estate Co. Inc. | |||
| Apr 29, 2025 | Sold | ||
| Sold | |||
| Mar 30, 2025 | In contract | - | |
| In contract | |||
| Mar 26, 2025 | Listed by JLA Realty | $575,000 | |
| Listed by JLA Realty | |||
   | |||
|
A rare opportunity on Lake Conroe waterfront! This home is ready for a complete remodel of your choosing. The current owner had everything ready to do just that but life got in the way. This home has excellent bones and a spectacular view! This 3 brm 2.5 bath home comes fully equipped with an elevator to access all three levels. The huge Texas basement is a must see, perfect for a entertainment area. This home is priced to move quickly so don't delay. If you are looking for the perfect home, look no farther.
| |||
Property Highlights
Elevator
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Boat
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Elevator, Wet Bar, Balcony, 1 Bedroom Down - Not Primary BR, 3 Bedrooms Up, En-Suite Bath, Split Plan
Appliances: Electric Oven, Microwave, Dishwasher
Laundry Features: Electric Dryer Hookup, Washer Hookup
Has Fireplace
Fireplace Features: Electric
Fireplaces: 1
Exterior Details
Square Footage: 2940
Architectural Style: Contemporary
Year Built: 1985
Waterfront Features: Lake Front, Bulkhead, Pier
Building Area Total: 2940
Levels: Split Level
Construction Materials: Wood Siding
Patio and Porch Features: Patio, Porch
Pool Features: Gunite, In Ground
Pool is Private
Lot Features: Waterfront, 0 Up To 1/4 Acre
Lot Size Area: 0.0708
Lot Size Units: Acres
Lot Size Acres: 0.0708
Lot Size Square Feet: 3084.048
Water Source: Water District
Financial Details
Tax Annual Amount: $9,543
Utilities Details
Cooling Type: Electric
Heating Type: Electric
Location Details
HOA/Condo/Coop Amenities: Basketball Court, Boat Slip, Clubhouse, Park, Paid Patrol
HOA Fee: $240
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Cape Conroe
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Listed by: Melissa Jones, Carswell Real Estate Co. Inc.
Last Updated: 3 days ago
Data Source: HAR , MLS# 94443827
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Last Updated: 3 days ago
Data Source: HAR , MLS# 94443827
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