$309,500
●
House -
For Sale
1054 Margate Drive
Pearland, TX 77584
3 Beds
2 Baths
1,476 Ft²
$1,974
Est. Monthly
$18
HOA / Fees
About This Property
Enchant your senses when you enter this adorable 1-story home with
upstairs bonus room! Use it for a gameroom, media room,
study, or even a 4th bedroom! You'll love the updated kitchen
and baths! Everything is like new and has modern updates.
Nice wine bar with beverage/wine cooler. Upgraded
double pane windows, beautiful floors, primary bath with modern
soaking tub and separate rainforest shower! Beautiful backyard
patio for gracious outdoor living. Terrific opportunity to
occupy this stunning home renovated like no other. You owe it
to yourself to come check it out and prepare to fall in love!
Highly acclaimed Pearland schools! Close to shopping
and many new restaurants popping up all over Pearland. Floors are
mostly laminate with tile in the kitchen and baths; carpet on the
stairs and in the bonus room only. Ceiling fans throughout.
Truly a very pleasant one-of-a-kind gem! Schedule your tour
today!
Unit Size
1,476 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$210
Property Type
House
Property Taxes
$436
HOA Dues
$18
Year Built
1984
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 15 days ago (HAR #50360004)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2026 | Listed by Compass RE Texas, LLC - Houston | $309,500 | |
| Listed by Compass RE Texas, LLC - Houston | |||
| Aug 10, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jun 2, 2026 | Price Decreased |
$315,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Apr 24, 2026 | Listed by Compass RE Texas, LLC - Houston | $319,500 | |
| Listed by Compass RE Texas, LLC - Houston | |||
   | |||
|
Enchant your senses when you enter this adorable 1-story home with upstairs bonus room! Use it for a gameroom, media room, study, or even a 4th bedroom! You'll love the updated kitchen and baths! Everything is like new and has modern updates. Nice wine bar with beverage/wine cooler. Upgraded double pane windows, beautiful floors, primary bath with modern soaking tub and separate rainforest shower! Beautiful backyard patio for gracious outdoor living. Terrific opportunity to occupy this stunning home renovated like no other. You owe it to yourself to come check it out and prepare to fall in love! Highly acclaimed Pearland schools! Close to shopping and many new restaurants popping up all over Pearland. Floors are mostly laminate with tile in the kitchen and baths; carpet on the stairs and in the bonus room only. Ceiling fans throughout. Truly a very pleasant one-of-a-kind gem! Schedule your tour today!
| |||
| Jun 6, 2025 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: All Bedrooms Down
Appliances: Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
Flooring Type: Carpet, Laminate, Tile
Has Fireplace
Fireplaces: 1
Exterior Details
Square Footage: 1476
Architectural Style: Traditional
Year Built: 1984
Building Area Total: 1476
Levels: Multi/Split
Construction Materials: Brick, Wood Siding
Lot Features: Subdivided, 0 Up To 1/4 Acre
Lot Size Area: 0.1446
Lot Size Units: Acres
Lot Size Acres: 0.1446
Lot Size Square Feet: 6298.776
Water Source: Public
Financial Details
Tax Annual Amount: $5,228
Utilities Details
Cooling Type: Ceiling Fan(s), Electric
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Basketball Court, Dog Park, Tennis Court(s)
HOA Fee: $220
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Pearland
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Listed by: Sam Ferreri, Compass RE Texas, LLC - Houston
Last Updated: 15 days ago
Data Source: HAR , MLS# 50360004
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Last Updated: 15 days ago
Data Source: HAR , MLS# 50360004
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