Immaculate Lake Conroe WATERFRONT home with panoramic water and
sunset views from nearly every room! Designed for effortless living
and entertaining, this custom home features a wheelchair-accessible
elevator, wide passageways and an adaptable floor plan. Primary
retreat w/ fireplace, lake-view sitting area, patio access,
spa-like bath w/ roll-in shower, coffee station & impressive custom
closet! DREAM kitchen w/ granite counters, JennAir dual-fuel range,
built-in GE Monogram refrigerator and oversized pantry. Multiple
outdoor living spaces, including a screened patio, covered balcony
and private dock with boat lift, storage and a party/fishing deck
designed for possible conversion to a second slip. A 3 car garage
w/ tall vehicle bay, workshop w/gas compressor, portable generator,
16-camera home security system, lake-fed irrigation, central vac &
smart home lighting completes this truly distinctive lakefront
property. This is a MUST SEE!
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.
Parking Features: Attached, Oversized, Garage Door Opener, Workshop in Garage, Double-Wide Driveway
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Central Vacuum, Crown Molding, Elevator, High Ceilings, Wet Bar, 2 Staircases, Formal Entry/Foyer, En-Suite Bath, Primary Bed - 1st Floor, Sitting Area, Split Plan, Walk-In Closet(s)
Appliances: ENERGY STAR Qualified Appliances, Disposal, Refrigerator, Wine Refrigerator, Convection Oven, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher
Flooring Type: Carpet, Tile
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Has Fireplace
Fireplace Features: Gas Log
Fireplaces: 2
Exterior Details
Square Footage: 3745
Architectural Style: Traditional
Year Built: 2000
Waterfront Features: Lake Front, Bulkhead, Wood Bulkhead
Building Area Total: 3745
Other Structures: Boat House
Window Features: Window Coverings
Construction Materials: Batts Insulation, Brick
Patio and Porch Features: Covered, Patio, Porch, Screened
Lot Features: Back Yard, Subdivided, Waterfront, 1/2 Up to 1 Acre
Lot Size Area: 0.51
Lot Size Units: Acres
Lot Size Acres: 0.51
Lot Size Square Feet: 22215.6
Water Source: Water District
Financial Details
Tax Annual Amount: $23,246
Utilities Details
Cooling Type: Attic Fan, Ceiling Fan(s), Electric
Heating Type: Natural Gas
Location Details
HOA/Condo/Coop Amenities: Boat Slip, Park, Picnic Area, Sport Court, Tennis Court(s), Controlled Access, Pickleball Court
HOA Fee: $1,000
HOA Fee Frequency: Annually
Building Info
Overview
General
Year Built:
2000
Effective Year Built:
2000
Building Count:
1
Bedroom Count:
0
Bathroom Count:
4
Full Bathrooms:
4
Partial Bathrooms:
4
Bathroom Plumbing Fixtures:
18
Building Condition:
6
Building Quality:
1
Construction Type:
6
Building Style:
15
Exterior Walls Type:
2
Interior Walls Type:
17
Roof Shape Type:
0
Roof Cover Type:
3
Floor Count:
200
Living Units:
1
Floor Cover:
9
Basement Type:
0
Basement Area:
0
Garage Type:
7
Garage Square Area:
794
Parking Space Count:
3
Patio Type:
59
Porch Type:
102
Pool Type:
0
Dimensions
Lot Size Square Feet:
22,216
Total Building Area:
5,080
Building Area:
4,286
Building Area Measurement:
L
Heating and Cooling
Fireplace Count:
1
Air Conditioning:
1
Heating:
3
Heated Square Feet:
4,286
Heating Fuel Type:
0
Utilities
Sewer System:
0
Water Service:
0
Building
Building Type:
0
Property Class:
R
Subdivision:
RANCHO ESCONDIDO 01
Land Acres:
0000000510
Standard Land Use Code:
1001
County Land Use Code:
A1
State Land Use Code:
A1
Legal Description 1:
RANCHO ESCONDIDO 01, LOT 11, ACRES 0.510
Neighborhood
School District Name:
Willis Independent School District
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