$320,000 Last Listed Price
●
House -
Off Market
22602 Desert Willow Drive
Magnolia, TX 77355
3 Beds
3 Baths
1,260 Ft²
$322,491
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
This beautifully kept home sits on a corner lot that is just over
half acre, located in the popular Clear Creek Forest subdivision.
Home was built in 2004 by Nederland Homes, upgraded 3-car attached
garage with converted "mother-in-law suite" or garage apartment
with full bathroom & plumbing to add small kitchen if desired.
Garage is oversized to 28ft deep. Kitchen is open concept to the
dining/living area will keep family in gathered for the holidays.
Imagine enjoying of refreshers in the front porch or grilling night
in the back tandem. All bedrooms have great closet and storage room
for everyone, master bathroom has been upgraded with tiled work and
walk-in shower. The oversized driveway can fit as many as 8
vehicles, neighborhood also allows for your recreative vehicle or
boat to be parked. The Large backyard can accommodate any
extensions or upgrades such as pool, workshop or recreational park
for little ones.
Unit Size
1,260 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$254
Property Type
House
Property Taxes
$339
HOA Dues
$17
Year Built
2004
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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 #21058199)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 8, 2025 | Sold | ||
| Sold | |||
| Aug 14, 2025 | In contract | - | |
| In contract | |||
| Jul 7, 2025 | Listed by Real Broker, LLC | $335,000 | |
| Listed by Real Broker, LLC | |||
   | |||
|
Welcome to your peaceful escape in the heart of Magnolia, Texas! Nestled on a beautiful corner lot shaded by mature trees, this adorable country home blends rustic charm with modern comfort. Whether you're searching for your first home, or a place to settle down, this property offers the perfect mix of tranquility and convenience. Inside, you'll find a cozy and inviting layout filled with natural light, warm finishes, and comfortable living spaces. Enjoy relaxed evenings indoors or step outside and take in the serene setting—ideal for gardening, entertaining, or simply enjoying the peaceful outdoors. One of the standout features is the detached 3-car garage, offering ample space for vehicles, storage, or hobbies—plus a garage apartment that's perfect for guests or a private office. With easy access to local shops, dining, and top-rated schools, this home delivers the charm of country living with the convenience of nearby amenities.
| |||
| May 17, 2022 | Sold | ||
| Sold | |||
| Apr 6, 2022 | Listed by eXp Realty, LLC | $320,000 | |
| Listed by eXp Realty, LLC | |||
| | |||
|
This beautifully kept home sits on a corner lot that is just over half acre, located in the popular Clear Creek Forest subdivision. Home was built in 2004 by Nederland Homes, upgraded 3-car attached garage with converted "mother-in-law suite" or garage apartment with full bathroom & plumbing to add small kitchen if desired. Garage is oversized to 28ft deep. Kitchen is open concept to the dining/living area will keep family in gathered for the holidays. Imagine enjoying of refreshers in the front porch or grilling night in the back tandem. All bedrooms have great closet and storage room for everyone, master bathroom has been upgraded with tiled work and walk-in shower. The oversized driveway can fit as many as 8 vehicles, neighborhood also allows for your recreative vehicle or boat to be parked. The Large backyard can accommodate any extensions or upgrades such as pool, workshop or recreational park for little ones.
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Clear Creek Forest
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Listed by: Michelle Eubanks, eXp Realty, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 21058199
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Last Updated: 5 months ago
Data Source: HAR , MLS# 21058199
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