$550,000 Last Listed Price
●
House -
Off Market
20710 Timber Ridge Drive
Magnolia, TX 77355
3 Beds
3 Baths
2,296 Ft²
$550,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model
About This Property
This beautiful updated 3-4 bdrm, 3 full bath Country Log Home w/
wrap around porch, nestled on 2 wooded acres, is a must see.
Updates include: Remodeled kitchen, new appliances (Stove Top,
Oven, Dish Washer, Built-in Microwave), new tile flooring extending
to laundry room in 2021 (washer/Dryer included); New stairway
handrails 2020; 12 foot sliding glass doors in dining room 2021;
New tile wood floors in living room, primary and downstairs bdrm
2021; New Pella windows and glass French Door 2022; New carpet
stairway & upstairs bedrooms, new doors/baseboards upstairs bdrms,
upstairs bath fully remodeled/tiled, New Ac/Heat and New aerator
septic pump 2023, house wired w/ATT Fiber Internet. Outdoors
features a large yard, 24x16 building, 2 car attached
carport/covered patio, 50-amp electrical connection for RV hook-up
(shop building exterior) and a children's play house. Amenities
include: Lake access, horse trails, a park, baseball/basketball
area along with community center.
Unit Size
2,296 Ft²
Days on Market
-
Land Size
1.98 acres
Price per sqft
$240
Property Type
House
Property Taxes
$639
HOA Dues
$91
Year Built
2002
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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 #55501400)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 21, 2023 | Sold | ||
| Sold | |||
| Sep 1, 2023 | Listed by Carswell Real Estate Co. Inc. | $550,000 | |
| Listed by Carswell Real Estate Co. Inc. | |||
| | |||
|
This beautiful updated 3-4 bdrm, 3 full bath Country Log Home w/ wrap around porch, nestled on 2 wooded acres, is a must see. Updates include: Remodeled kitchen, new appliances (Stove Top, Oven, Dish Washer, Built-in Microwave), new tile flooring extending to laundry room in 2021 (washer/Dryer included); New stairway handrails 2020; 12 foot sliding glass doors in dining room 2021; New tile wood floors in living room, primary and downstairs bdrm 2021; New Pella windows and glass French Door 2022; New carpet stairway & upstairs bedrooms, new doors/baseboards upstairs bdrms, upstairs bath fully remodeled/tiled, New Ac/Heat and New aerator septic pump 2023, house wired w/ATT Fiber Internet. Outdoors features a large yard, 24x16 building, 2 car attached carport/covered patio, 50-amp electrical connection for RV hook-up (shop building exterior) and a children's play house. Amenities include: Lake access, horse trails, a park, baseball/basketball area along with community center.
| |||
| Jul 7, 2020 | Sold | ||
| Sold | |||
| Feb 13, 2020 | Listed by Area Pro Group North Lake | $359,999 | |
| Listed by Area Pro Group North Lake | |||
| | |||
|
Come see this beautiful 4 bedroom 3 full bath log cabin home nestled in the woods for your privacy. The tin roof is very energy efficient along with the logs that the home was built with. Come and enjoy the wrap around porch with family and friends. Horses are allowed and a horse trail is in the back part of the property to enjoy. The 16x24 A/C’d building in the back is currently being used as a music room. It could also be used for RV storage or a tack room for your horses. The kids will find a play house to enjoy as well. You will also have lake access to go boat riding, along with beach front so the kids can play. Indigo Lakes also has a park, baseball field and basketball area along with a community center. Make your appointment today you won't be disappointed.
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Indigo Lake Estates
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Listed by: Corina Jones, Carswell Real Estate Co. Inc.
Last Updated: 5 months ago
Data Source: HAR , MLS# 55501400
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Last Updated: 5 months ago
Data Source: HAR , MLS# 55501400
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