$1,249,900 Last Listed Price
●
House -
Off Market
1085 High Meadow Ranch Drive
Magnolia, TX 77355
4 Beds
4 Baths,
1
Half Bath
4,033 Ft²
$1,519,969
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
Beautiful Custom 4 BR, 4.5 BA Home on 7.7 acres w/ stocked 2.5 acre
pond. Great pond views from the house. Ready for horses, fenced &
cross-fenced. Perfect for entertaining!! HUGE custom kitchen
w/2 islands/custom cabinets/pot filler/custom Mosaic tile
backsplash above cooktop/Thermador appliances incl. 6-burner gas
range w/griddle/ warming drawer. Large pantry w/ antique door.
Butler's Pantry in Formal Dining. Home office could be living area
off of 4th bedroom w/ private bath. Each BR has a full bath &
walk-in closet. All wood/tile floors. Gorgeous Master w/
huge walk-in closet/dbl walk-in shower/ & W/D in Master closet.
Mud Room off garage w/ W/D & dog bath. Game Room w/barn
doors. Pre-plumbed for outdoor kitchen. Tankless water heater.
Workshop/tack room/RV Plug. No flooding, no damage during cold
snap.
Golf, Fish, Ride Horses- HMR has it all. Walk to neighborhood pool/tennis. Miles of riding/hiking/biking trails across the street! Many extras (see list in attachments).
Golf, Fish, Ride Horses- HMR has it all. Walk to neighborhood pool/tennis. Miles of riding/hiking/biking trails across the street! Many extras (see list in attachments).
Unit Size
4,033 Ft²
Days on Market
-
Land Size
7.70 acres
Price per sqft
$310
Property Type
House
Property Taxes
$1,261
HOA Dues
$46
Year Built
2017
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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: 5 months ago (HAR #75327470)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 16, 2021 | Sold | ||
| Sold | |||
| Mar 13, 2021 | Listed by Realty Associates | $1,249,900 | |
| Listed by Realty Associates | |||
| | |||
|
Beautiful Custom 4 BR, 4.5 BA Home on 7.7 acres w/ stocked 2.5 acre pond. Great pond views from the house. Ready for horses, fenced & cross-fenced. Perfect for entertaining!! HUGE custom kitchen w/2 islands/custom cabinets/pot filler/custom Mosaic tile backsplash above cooktop/Thermador appliances incl. 6-burner gas range w/griddle/ warming drawer. Large pantry w/ antique door. Butler's Pantry in Formal Dining. Home office could be living area off of 4th bedroom w/ private bath. Each BR has a full bath & walk-in closet. All wood/tile floors. Gorgeous Master w/ huge walk-in closet/dbl walk-in shower/ & W/D in Master closet. Mud Room off garage w/ W/D & dog bath. Game Room w/barn doors. Pre-plumbed for outdoor kitchen. Tankless water heater. Workshop/tack room/RV Plug. No flooding, no damage during cold snap.
Golf, Fish, Ride Horses- HMR has it all. Walk to neighborhood pool/tennis. Miles of riding/hiking/biking trails across the street! Many extras (see list in attachments).
| |||
Property Highlights
Fireplace
Garage
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 High Meadow Ranch
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Listed by: Holly Dool, Realty Associates
Last Updated: 5 months ago
Data Source: HAR , MLS# 75327470
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Last Updated: 5 months ago
Data Source: HAR , MLS# 75327470
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