1000 April Sound Blvd, Montgomery, TX, 77356
About This Home
One of the only investor-controlled rental assets on Lake Conroe located next to April Sound Golf & Country Club! A prestigious, 24-hour manned-gated community. This type of opportunity almost never comes to market. 1 of 2 12 Units buildings | @24959 SF ea | @ 2 Acres | Spacious 2BD Units Up to 1,596 SF | near identical building for sale additionally next door with an additional 12 units, with large floor plans featuring balconies, fireplaces, lake views, and unit sizes that command premium rents post-renovation. With strong cash flow potential and a low vacancy rate in area, there is a clear path for rent growth through renovations. Investors will appreciate the multiple exit strategies available, including stabilization and refinancing or the potential for individual unit sell-off. This is an exceptional opportunity for investors seeking value-add potential in a supply-constrained market. Excellent STR potential as well. Schedule your appointment today to explore this unique asset!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1980
Materials
- Roof: Composition
- Construction materials: Cement Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Range,Disposal,Dishwasher
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Carpet,Laminate,Tile
- Fireplace features: Fireplace
- Fireplace: Yes
Heating & Cooling
- Heating features: Electric
- Cooling features: Electric
Interior Area
- Total structure area: 24,959
- Total interior livable area: 24,959 sqft
Property
Details
- Parcel number: 61179
Features
- Stories: 2
- Patio & porch: Patio
- Exterior features: Balcony,Boat Ramp
- Has view: Yes
- View description: Lake,Water
- Has water view: Yes
- Water view: Lake,Water
Lot
- Lot size: 1.08 Acres
- Features: Near Golf Course
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Tornado
- Cold Wave
- Heat Wave
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,584 | $91,008 |
| Home Insurance * | $1,185 | $14,220 |
| Property Taxes | $1,800 | $21,600 |
| Electricity | $2,740 | $32,887 |
| Total | $13,309 | $159,708 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-05 | Price change | $1,500,000 |
| 2026-03-20 | Listed for sale | $1,875,000 |
| 2026-03-15 | Listing removed | $3,750,000 |
| 2026-03-12 | Listed for sale | $3,750,000 |
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