$425,000 Last Listed Price
●
House -
Off Market
2142 Timbergreen Circle
Magnolia, TX 77355
3 Beds
3 Baths
2,180 Ft²
$439,413
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
One Story! Spacious 3 bedroom 3 bath home situated on 1 Acre
in Timbergreen also features a Detached 2 Car Garage with an
unfinished 20 x 20 Garage Apartment above. It has some
plumbing & Electrical and sheetrock is there and ready to hang.
It's framed to be Bedroom, Bath, Den & Kitchenette. The home has a
full house Generac Generator and the Windows & Shutters are made by
Anderson. Granite Counters thru out. Water well is shared
with neighbor and Rainwater Collection System also helps to water
the yard. The Back Porch features a gas log fireplace. Very
Spacious home with lots of large closets. There is a neighborhood
Pond, Tennis Courts, Pool & Pavillion. Easy access to The
Grand Parkway from here! Personal items will be removed from the
yard prior to closing. With a little TLC the yard can be
beautiful again! Low Tax Rate of $1.98 here!
Unit Size
2,180 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$195
Property Type
House
Property Taxes
$550
HOA Dues
$36
Year Built
2015
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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 #70731577)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 3, 2022 | Sold | ||
| Sold | |||
| Jul 6, 2022 | Listed by Elite Texas Properties | $425,000 | |
| Listed by Elite Texas Properties | |||
| | |||
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One Story! Spacious 3 bedroom 3 bath home situated on 1 Acre in Timbergreen also features a Detached 2 Car Garage with an unfinished 20 x 20 Garage Apartment above. It has some plumbing & Electrical and sheetrock is there and ready to hang. It's framed to be Bedroom, Bath, Den & Kitchenette. The home has a full house Generac Generator and the Windows & Shutters are made by Anderson. Granite Counters thru out. Water well is shared with neighbor and Rainwater Collection System also helps to water the yard. The Back Porch features a gas log fireplace. Very Spacious home with lots of large closets. There is a neighborhood Pond, Tennis Courts, Pool & Pavillion. Easy access to The Grand Parkway from here! Personal items will be removed from the yard prior to closing. With a little TLC the yard can be beautiful again! Low Tax Rate of $1.98 here!
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Timbergreen
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Listed by: Kathy Matt, Elite Texas Properties
Last Updated: 5 months ago
Data Source: HAR , MLS# 70731577
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Last Updated: 5 months ago
Data Source: HAR , MLS# 70731577
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