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561 Lakeway Dr - 561 Lakeway Dr. 4,221 SF Specialty Building Offered at $559,000 in Montgomery, TX 77316
INVESTMENT HIGHLIGHTS
- This lakefront property is sits on a full acre that can be subdivided for future build out of 2 properties, income producing, no HOA etc
EXECUTIVE SUMMARY
Lakefront residential property. House sits on 1 acre with main house and garage apartment. Property is rented on VRBO with a constant stream of income from the daily rentals. Can also be leased out long term. Large driveway provides ample parking and boat parking as well. Best of Lake Conroe and Lake Lorraine. Property can be sold with a full calendar of existing reservations and furniture to make it a turnkey business for any investor. No HOA. nominal expenses. Lot can be subdivided for future build out of 2 lakefront properties! Flexible financing terms available.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $559,000 | Lot Size | 0.96 AC |
| Price Per SF | $132.43 | Building Size | 4,221 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 1977/2000 |
| Property Subtype | Residential Income | ||
| Zoning | 3 - residential zoning | ||
| Price | $559,000 |
| Price Per SF | $132.43 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Lot Size | 0.96 AC |
| Building Size | 4,221 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1977/2000 |
| Zoning | 3 - residential zoning |
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City View Properties
561 Lakeway Dr - 561 Lakeway Dr.
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