$625,000 Last Listed Price
●
House -
Off Market
211 Magnolia Reserve Loop
Magnolia, TX 77354
4 Beds
3 Baths
3,364 Ft²
$3,854
Est. Monthly
$67
HOA / Fees
About This Property
Welcome to this fascinating home located in the stunning Magnolia
Reserve community. This property offers a perfect blend of modern
and country making it an ideal sanctuary. After being greeted by
the incredible front porch, you step through the front door into a
massive open entryway, with an impressive view of the open floor
plan. The floor plan seamlessly connects the living room, dining
area, and kitchen allowing for effortless entertaining and family
gatherings. This home features gorgeous engineered hand-scrapped
hardwood floors, granite throughout, a butler's pantry, a built-in
sideboard in the kitchen nook, a massive laundry room with built-in
cabinets and countertop, a water softener, and much more. The
backyard doesn't disappoint either, the covered patio is perfect
for relaxing after a long day, and the built-in kitchen is great
for entertaining too. This home has all the space you need in the
perfect location for a country feel, yet close to the new amenities
in Magnolia!
Unit Size
3,364 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$186
Property Type
House
Property Taxes
$718
HOA Dues
$67
Year Built
2019
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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 #33996000)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 13, 2024 | Sold | ||
| Sold | |||
| May 6, 2024 | In contract | - | |
| In contract | |||
| Jan 12, 2024 | No longer available | - | |
| No longer available | |||
| Jan 11, 2024 | Listed by RE/MAX Integrity | $625,000 | |
| Listed by RE/MAX Integrity | |||
| Jul 12, 2023 | Listed by RE/MAX Integrity | $635,000 | |
| Listed by RE/MAX Integrity | |||
| | |||
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Welcome to this fascinating home located in the stunning Magnolia Reserve community. This property offers a perfect blend of modern and country making it an ideal sanctuary. After being greeted by the incredible front porch, you step through the front door into a massive open entryway, with an impressive view of the open floor plan. The floor plan seamlessly connects the living room, dining area, and kitchen allowing for effortless entertaining and family gatherings. This home features gorgeous engineered hand-scrapped hardwood floors, granite throughout, a butler's pantry, a built-in sideboard in the kitchen nook, a massive laundry room with built-in cabinets and countertop, a water softener, and much more. The backyard doesn't disappoint either, the covered patio is perfect for relaxing after a long day, and the built-in kitchen is great for entertaining too. This home has all the space you need in the perfect location for a country feel, yet close to the new amenities in Magnolia!
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
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HOA + Taxes
About Montgomery
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Listed by: Melissa Spencer, RE/MAX Integrity
Last Updated: 5 months ago
Data Source: HAR , MLS# 33996000
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Last Updated: 5 months ago
Data Source: HAR , MLS# 33996000
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