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11855 Magnolia Bend Dr
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 2, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 1, 2026 | Listed by JP Land & Homes, LLC | $63,000 | |
| Listed by JP Land & Homes, LLC | |||
| Aug 17, 2026 | Listed by JP Land & Homes, LLC | $65,000 | |
| Listed by JP Land & Homes, LLC | |||
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Build your dream getaway on this 0.51-acre (22,216 SF) wooded corner lot in Magnolia Bend—an ideal homesite with a peaceful, country feel and the convenience of quick access to TX-242 and I-45. Enjoy the natural tree cover, flexible layout for your custom plans, and electricity available (buyer to install well and septic). Located in Conroe ISD, this is a great opportunity to create space, privacy, and value in the growing Conroe area—bring your builder and imagination!
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| Aug 8, 2025 | Sold | ||
| Sold | |||
| Jul 24, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017