Recently, several strategies have been adopted for the cesium lead halide, CsPbX3 (X = Cl, Br, and/or I), crystal growth with a perovskite-type structure, paving the way for the further development of innovative optoelectronic and photovoltaic applications. The optoelectronic properties of advanced materials are controlled, in principle, by effects of morphology, particle size, structure, and composition, as well as imperfections in these parameters. Herein, we report a detailed investigation, using theoretical and experimental approaches to evaluate the structural, electronic, optical, and electrical properties of CsPbX3 microcrystals. The microcrystals are synthesized successfully using the hydrothermal method without surfactants. This synthetic approach also offers an easy upscaling for perovskite-related material synthesis from low-cost precursors. Lastly, in this direction, we believe that deeper mechanistic studies, based on the synergy between theory and practice, can guide the discovery and development of new advanced materials with highly tailored properties for applications in optoelectronic devices, as well as other emergent technologies.