5
Map
12602 Marshall 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 4, 2026 | Sold | ||
| Sold | |||
| Aug 11, 2026 | In contract | - | |
| In contract | |||
| Aug 3, 2026 | Listed by RE/MAX The Woodlands & Spring | $220,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
| Jul 22, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| May 4, 2026 | Listed by HomeSmart | $235,000 | |
| Listed by HomeSmart | |||
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Build your vision on this spacious 0.72-acre (31,561 sq. ft.) lot located at 12602 Marshall Dr in Magnolia, Texas. Offering a generous footprint, this property provides ample room for a custom home, outdoor living spaces, workshop, or additional structures—perfect for those seeking flexibility and privacy.
Enjoy the benefit of low property taxes at just 1.8%, helping keep long-term ownership costs more affordable. With plenty of space to design and create your ideal setting, this lot is a great opportunity for builders, investors, or anyone looking to settle in a peaceful Magnolia location while still being within reach of modern conveniences.
Don’t miss your chance to own a sizable piece of land with excellent potential in a growing area!
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Property Highlights
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About Mostyn Manor
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$2,300 /mo
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$2,325 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017