$635,000 Last Listed Price
●
House -
Off Market
112 Magnolia Reserve Loop
Magnolia, TX 77354
4 Beds
3 Baths,
1
Half Bath
3,343 Ft²
$3,965
Est. Monthly
$58
HOA / Fees
About This Property
The home features a liquid cooled, quiet whole house generator so
you never have to go without power. Nestled on a sprawling
lot adorned with mature trees, this captivating property offers a
serene and tranquil setting. Boasting an impressive four bedrooms
and three and a half bathrooms, this 3,343 square foot home
exudes an air of sophistication and comfort. The expansive
interior showcases the hardwood flooring, complemented by the high
ceilings that create a truly remarkable sense of openness and
space. Entertaining and relaxation seamlessly blend with the
inclusion of a covered patio and an inviting outdoor kitchen,
providing ample opportunities to savor the beauty of the natural
surroundings. This was the Teratto builders model home. Tailored to
the needs of the modern homeowner, this property features a
spacious three-car garage, offering plenty of storage and parking
or could be used as a workshop with the available AC.
Property features a low tax rate of 1.57%.
Unit Size
3,343 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$190
Property Type
House
Property Taxes
$788
HOA Dues
$58
Year Built
2016
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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: 6 months ago (HAR #86748957)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 12, 2024 | Sold | ||
| Sold | |||
| Aug 10, 2024 | In contract | - | |
| In contract | |||
| Jul 26, 2024 | Listed by Coldwell Banker Realty - Sugar Land | $635,000 | |
| Listed by Coldwell Banker Realty - Sugar Land | |||
| | |||
|
The home features a liquid cooled, quiet whole house generator so you never have to go without power. Nestled on a sprawling lot adorned with mature trees, this captivating property offers a serene and tranquil setting. Boasting an impressive four bedrooms and three and a half bathrooms, this 3,343 square foot home exudes an air of sophistication and comfort. The expansive interior showcases the hardwood flooring, complemented by the high ceilings that create a truly remarkable sense of openness and space. Entertaining and relaxation seamlessly blend with the inclusion of a covered patio and an inviting outdoor kitchen, providing ample opportunities to savor the beauty of the natural surroundings. This was the Teratto builders model home. Tailored to the needs of the modern homeowner, this property features a spacious three-car garage, offering plenty of storage and parking or could be used as a workshop with the available AC. Property features a low tax rate of 1.57%.
| |||
| Sep 29, 2023 | Sold | ||
| Sold | |||
| Jul 7, 2023 | Listed by RE/MAX Universal Northwest | $615,000 | |
| Listed by RE/MAX Universal Northwest | |||
| | |||
|
Former Terrata model home perched on half of an acre! This captivating home features 4 bedrooms, 3 ½ baths, a formal dining room, a home office, a media room, with a 3 car garage that has its own ac unit. Chef's dream kitchen presents beautiful dark cabinets, tons of countertops and storage space, stainless steel appliances, a massive island with breakfast bar seating, a huge walk-in pantry, and a breakfast nook. The kitchen flows seamlessly to the charming living room that offers high ceilings, a gorgeous fireplace, and amazing views of the backyard. Secluded primary bedroom hosts tons of space, a massive walk-in closet, and a private en suite. Lavish primary en suite showcases an exquisite glass standing shower, a soaking tub, and dual vanities. Outside there is a built-in kitchen for those family get-together BBQs and a huge yard that easily can accommodate a pool. LOW TAX RATE and NO FLOOD ZONE, zoned to Magnolia High School!
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Earl Forbes, Coldwell Banker Realty - Sugar Land
Last Updated: 6 months ago
Data Source: HAR , MLS# 86748957
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Last Updated: 6 months ago
Data Source: HAR , MLS# 86748957
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