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14327 Azalea Tree Drive
About This Property
Welcome to your dream home in the heart of Magnolia-just minutes from Magnolia High School, H-E-B, and with quick access to FM 1488, Spur 149, and Hwy 249 for effortless commuting.
This spacious 4-bed, 3.5-bath home offers a thoughtful layout designed for both comfort and versatility. Downstairs features a flexible bonus space perfect for a home office or playroom, along with a luxurious primary suite complete with a spa-inspired bathroom. Upstairs, you'll find three generously sized bedrooms, two full bathrooms, and a large game room ideal for entertaining or relaxing.
Step outside to enjoy a well-sized backyard with a covered patio-perfect for weekend BBQs or quiet evenings-with no rear neighbors for added privacy.
**Highlights include:
- Elegant laminate wood flooring throughout the main level
- Sleek quartz countertops and a modern backsplash in the kitchen
- Open-concept living spaces filled with natural light
- TONS OF STORAGE
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Cap Rate Calculator
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 18, 2025 | Sold | ||
| Sold | |||
| Aug 19, 2025 | In contract | - | |
| In contract | |||
| Aug 5, 2025 | Price Decreased |
$349,140
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Jul 25, 2025 | Price Decreased |
$354,140
↓ $23K
(6.1%) | |
| Price Decreased | |||
| Jul 15, 2025 | Listed by RE/MAX Partners | $377,140 | |
| Listed by RE/MAX Partners | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017