$1,899,000 Last Listed Price
●
House -
Off Market
19 Riata Drive
Magnolia, TX 77354
5 Beds
5 Baths,
2
Half Baths
7,056 Ft²
$2,517,119
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model
About This Property
Beautiful Estate nestled on a heavily wooded 5-acre lot in the
highly desirable, gated community of Ranches at Pinehurst in
Magnolia. This remarkable property offers privacy & serenity
complete w/an oversized pool, sunken gazebo, palatial grounds,
raised center aisle barn, storage building, & refined features.
This meticulously maintained home welcomes you with a double-wide
pavered circular driveway & antique brick paver entrance! Windows
offer great natural light & views. Incredible kitchen w/over-sized
island, Energy Star Qualified Thermador appliance package with
double ovens & custom built-ins. Backyard oasis is amazing
w/covered summer kitchen that includes Marine Grade Stainless
appliances ideal for outdoor living & entertaining. Find your haven
in the primary suite w/spa-like bath & dressing room, while
secondary bedrooms, office, game room & library boast expansive
spaces. Property has stables for horses, 2 pastures, riders lounge,
tack room & miles of horseback riding trails.
Unit Size
7,056 Ft²
Days on Market
-
Land Size
5.00 acres
Price per sqft
$269
Property Type
House
Property Taxes
-
HOA Dues
$67
Year Built
2017
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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: 5 months ago (HAR #7418980)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 16, 2020 | Sold | ||
| Sold | |||
| Oct 17, 2020 | Listed by Keller Williams Realty | $1,899,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Beautiful Estate nestled on a heavily wooded 5-acre lot in the highly desirable, gated community of Ranches at Pinehurst in Magnolia. This remarkable property offers privacy & serenity complete w/an oversized pool, sunken gazebo, palatial grounds, raised center aisle barn, storage building, & refined features. This meticulously maintained home welcomes you with a double-wide pavered circular driveway & antique brick paver entrance! Windows offer great natural light & views. Incredible kitchen w/over-sized island, Energy Star Qualified Thermador appliance package with double ovens & custom built-ins. Backyard oasis is amazing w/covered summer kitchen that includes Marine Grade Stainless appliances ideal for outdoor living & entertaining. Find your haven in the primary suite w/spa-like bath & dressing room, while secondary bedrooms, office, game room & library boast expansive spaces. Property has stables for horses, 2 pastures, riders lounge, tack room & miles of horseback riding trails.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
Type
Beds
Baths
ft²
Price/ft²
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Listed On
Closing Price
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Sold On
HOA + Taxes
About Montgomery
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Listed by: Kimberly Vargas, Keller Williams Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 7418980
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Last Updated: 5 months ago
Data Source: HAR , MLS# 7418980
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