Lakefront Condo with Private
For Sale
$239,999
7039 Kingston Cove Ln 303, Willis, TX 77318
Lake Conroe condo with lake views, resort amenities.
Property Size1,188 SF
Lot Size0.02 Acres
Days on Market325
Property Features for 7039 Kingston Cove Ln 303
General Information
Standard status
Active
Size
1,188 SF
Lot size
0.02 Acres
Property subtype
Other
Taxes and HOA fees
Annual Taxes
$4,595
Building Details
Building Size
1,188 SF
Year Built
2006
Stories
1
Listing Agency:
1st Texas Realty Services
Listed By:
Chet Polniazek · License #0318518
(713) 231-1129
Source:
Elliman
Added: Nov 27, 2025
Changed: Oct 7
Last Checked: Oct 16 at 10:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 1st Texas Realty Services
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Investment Insights
Based on property information with market context.
This lakefront condominium offers views of Lake Conroe from a private balcony. The open kitchen features hardwood cabinets and granite countertops. The unit includes travertine tiled showers and a jetted tub, as well as storage and closet space. Residents have access to the Seven Coves Resort amenities, including a clubhouse, play area, pool, and marina. Water and trash services are included.
Key Highlights
- Lakefront condo with breathtaking lake views and sunsets
- Enjoy your private balcony overlooking Lake Conroe
- Access to Seven Coves Resort amenities (clubhouse, play area, pool, marina)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,482
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$249,640
$249.6K
Cap Rate 7%
$178,314
$178.3K
Cap Rate 9%
$138,689
$138.7K
Market Conditions
NOI Build-Up for 1,188 SF
Gross rent
$24.1K $20.28/SF
− Vacancy
−$1.4K −$1.18/SF
EGI
$22.7K $19.10/SF
− OpEx
−$10.2K −$8.60/SF
NOI
$12.5K $10.51/SF
Area
Montgomery County, TX
Vacancy
5.80%
Lease Rate
$20.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$249,640
Cap Rate 7%
$178,314
Cap Rate 9%
$138,689
Alternative Uses
Best Use
Apartment 5plus
$178.3K
$156.0K – $208.0K
NOI $12,482 @ 7.0% cap · market cap 5.20%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$299.9K
$262.4K – $349.9K
NOI $20,994 @ 7.0% cap · market cap 8.75%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Explore this area
Business Placement
Demographics for 77318, TX
17,518
Population
8,654
Households
2
Avg Household Size
44
Median Age
30%
College-Educated
91%
High-School Grad
37.0 sq mi
ZIP Area
473
Density / Sq Mi
$90,246
Median Household Income
$51,428
Median Earnings
$1,209
Median Rent
$288,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Lake Conroe condo with lake views, resort amenities.
Where is this apartment building located?
The property is located at 7039 Kingston Cove Ln 303 Willis, TX.
What is the asking price?
The asking price for this property is $239,999.
What are key features of this property?
This property features: Lakefront condo with breathtaking lake views and sunsets; Enjoy your private balcony overlooking Lake Conroe; Access to Seven Coves Resort amenities (clubhouse, play area, pool, marina)
