47
Map
$770,000
↓ $5K (0.6%)
●
House -
For Sale
8927 Catamaran Way
Montgomery, TX 77316
4 Beds
3 Baths,
1
Half Bath
3,404 Ft²
$4,708
Est. Monthly
$29
HOA / Fees
About This Property
Like-new 1-story Gracepoint home on acreage in the highly
sought-after Ridgelake Shores community! Offering over 3,300 SF,
this popular split floor plan blends luxury, functionality, and
easy one-level living. The expansive kitchen is truly the heart of
the home with oversized island seating, abundant cabinetry, and
open-concept living spaces designed for entertaining. Flexible
bonus room can serve as a game room, media room, playroom, or
lounge. Spacious primary suite features a freestanding soaking tub,
oversized walk-in shower, dual vanities, and TWO walk-in closets,
including direct access to the utility room. Private guest suite
with attached bath plus generously sized secondary bedrooms. 3-car
garage. Situated in an acreage community near Lake Conroe with
resort-style amenities including 2 private lakes for boating,
fishing & water sports, beach area, sports courts, pavilion, boat
launch & trailer parking. Convenient access to Montgomery, Conroe &
The Woodlands. Welcome Home!
Unit Size
3,404 Ft²
Days on Market
-
Land Size
1.03 acres
Price per sqft
$226
Property Type
House
Property Taxes
$898
HOA Dues
$29
Year Built
-
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: 7 days ago (HAR #4697073)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 27, 2026 | Price Decreased |
$770,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Sep 16, 2026 | Price Decreased |
$775,000
↓ $5K
(0.6%) | |
| Price Decreased | |||
| Aug 22, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 21, 2026 | Listed by RE/MAX Integrity | $780,000 | |
| Listed by RE/MAX Integrity | |||
| Jul 27, 2026 | Price Decreased |
$796,500
↓ $250
(0%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Double-Wide Driveway
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: High Ceilings, 1 Bedroom Down - Not Primary BR, 2 Bedrooms Down, 2 Primary Bedrooms, All Bedrooms Down, En-Suite Bath, Primary Bed - 1st Floor, Split Plan, Walk-In Closet(s)
Appliances: Water Heater, Disposal, Electric Oven, Microwave, Gas Range, Dishwasher
Flooring Type: Tile, Vinyl Plank
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Has Fireplace
Fireplace Features: Gas, Gas Log
Fireplaces: 1
Exterior Details
Square Footage: 3404
Architectural Style: Traditional
Year Built: 2024
Builder Name: Gracepoint Homes
Building Area Total: 3404
Levels: Split Level
Window Features: Window Coverings
Construction Materials: Brick, Cement Siding
Patio and Porch Features: Covered, Patio, Porch
Lot Features: Back Yard, Subdivided, Wooded, 1 Up to 2 Acres
Lot Size Area: 1.03
Lot Size Units: Acres
Lot Size Acres: 1.03
Lot Size Square Feet: 44866.8
Lot Size Dimensions: 129 x 349
Water Source: Public
Financial Details
Tax Annual Amount: $10,773
Utilities Details
Cooling Type: Ceiling Fan(s), Electric
Heating Type: Natural Gas
Sewer : Aerobic Septic, Septic Tank
Location Details
HOA/Condo/Coop Amenities: Beach Access, Boat Slip, Picnic Area, Playground, Sport Court, Pond
HOA Fee: $350
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 Ridgelake Shores
Similar Homes for Sale
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Listed by: Lyndsie Gourley, RE/MAX Integrity
Last Updated: 7 days ago
Data Source: HAR , MLS# 4697073
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Last Updated: 7 days ago
Data Source: HAR , MLS# 4697073
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