$2,990,000 Last Listed Price
●
House -
Off Market
1815 Cattle Drive
Magnolia, TX 77354
8 Beds
7 Baths,
3
Half Baths
11,018 Ft²
$3,078,999
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model
About This Property
Incredible find & must see mins from The Wdlds! 10 secluded acres!
Completely remodeled main house w 5-6 beds, 4 full baths, 2 half.
Foyer stunning w cascading staircase. Open living w multiple areas
to relax/entertain. Dining~ gorg w coffee/wine bar. Kitchen~a dream
come true from expansive island to Wolf & SubZero appliances & dbl
dishwashers. Laundry/storage/spacious walk in pantry. Primary suite
w bath/shower/basins/laundry/dbl walkin closets & outdoor shower.
UP~4 beds w baths & gym. Gorgeous pool w spa, multiple putting
greens, BB court & firepit. Newer Guest House~perfect w full living
rm/kitchen w 2 separate beds & 2 full ba, frt/back porches. New
Home Office~private w full internet/zoom call capabilities + golf
screen/simulator w kitchenette & full bath, porch. Newly redesigned
Barn~HVAC, kitchenette & half bath & garage. Fenced garden w
irrigation. Property goes beyond the fencing in back. Brand new
brick fence & gate entry for privacy. Make sure to see video &
matterport!
Unit Size
11,018 Ft²
Days on Market
-
Land Size
10.00 acres
Price per sqft
$271
Property Type
House
Property Taxes
$2,230
HOA Dues
-
Year Built
1998
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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 #88305972)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 4, 2022 | Sold | ||
| Sold | |||
| Jan 28, 2022 | Listed by Southern Properties & Estates | $2,990,000 | |
| Listed by Southern Properties & Estates | |||
| | |||
|
Incredible find & must see mins from The Wdlds! 10 secluded acres! Completely remodeled main house w 5-6 beds, 4 full baths, 2 half. Foyer stunning w cascading staircase. Open living w multiple areas to relax/entertain. Dining~ gorg w coffee/wine bar. Kitchen~a dream come true from expansive island to Wolf & SubZero appliances & dbl dishwashers. Laundry/storage/spacious walk in pantry. Primary suite w bath/shower/basins/laundry/dbl walkin closets & outdoor shower. UP~4 beds w baths & gym. Gorgeous pool w spa, multiple putting greens, BB court & firepit. Newer Guest House~perfect w full living rm/kitchen w 2 separate beds & 2 full ba, frt/back porches. New Home Office~private w full internet/zoom call capabilities + golf screen/simulator w kitchenette & full bath, porch. Newly redesigned Barn~HVAC, kitchenette & half bath & garage. Fenced garden w irrigation. Property goes beyond the fencing in back. Brand new brick fence & gate entry for privacy. Make sure to see video & matterport!
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Windcrest Farms
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Listed by: Stacey Simpson, Southern Properties & Estates
Last Updated: 5 months ago
Data Source: HAR , MLS# 88305972
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Last Updated: 5 months ago
Data Source: HAR , MLS# 88305972
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