$230,000 Last Listed Price
●
House -
Off Market
23238 Gallanda Drive
Magnolia, TX 77354
4 Beds
2 Baths
1,949 Ft²
$307,554
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
Here is your chance to own a property on the water in
Durango Creek! This charming 4 bedroom home offers a split flexable
floorplan. Kitchen, dining and living area are open to each other
and provides a bright, open space for everyday life. It will
be a pleasure to whip something up in the well-designed kitchen
with it's beautiful cabinetry, granite
counters, stainless steel appliances and a large
island that serves as both workspace and breakfast bar.
The main living area offers a high, vaulted ceiling to
enhance its spacious look. Each living area flows
into the next. Secondary bedrooms are spacious and are the pefect
place to dream or play. The large master bedroom comes
complete with ensuite, views of the water and is tucked away
from the rest of the home for privacy. The grassy yard offers
plenty space for outdoor activities and is sure to be
a retreat from your busy life with no neighbors behind
you! Come fall in love! Convenient to shopping
and zoned to Magnolia ISD!
Unit Size
1,949 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$118
Property Type
House
Property Taxes
$347
HOA Dues
$38
Year Built
2014
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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 #68985487)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 28, 2024 | Sold | ||
| Sold | |||
| Feb 23, 2024 | In contract | - | |
| In contract | |||
| Nov 9, 2023 | Listed by Realty ONE Group Iconic | $325,000 | |
| Listed by Realty ONE Group Iconic | |||
| | |||
|
Very motivated seller. $10,000 REDUCTION in price! Here is your chance to own a property on the water in Durango Creek. This charming 4 bedroom home offers a split floorplan. New wood flooring and carpet have just been installed! The kitchen, dining and living areas are open and provide a bright open space for everyday life. It will be a pleasure to whip something up in this well designed kitchen with its beautiful cabinetry, granite countertops and a large island that serves as both a workspace and breakfast bar. The main living area offers high vaulted ceilings to enhance its spacious look. Secondary bedrooms are spacious and the large primary bedroom comes complete with its own en-suite. You can enjoy the serenity from your primary suite with views of the water and is tucked away from the rest of the home for privacy and there are no neighbors behind you! Come fall in love. Convenient to shopping and zoned to Magnolia ISD.
| |||
| Oct 13, 2020 | Sold | ||
| Sold | |||
| Sep 1, 2020 | Listed by RE/MAX Redefined | $230,000 | |
| Listed by RE/MAX Redefined | |||
| | |||
|
Here is your chance to own a property on the water in Durango Creek! This charming 4 bedroom home offers a split flexable floorplan. Kitchen, dining and living area are open to each other and provides a bright, open space for everyday life. It will be a pleasure to whip something up in the well-designed kitchen with it's beautiful cabinetry, granite counters, stainless steel appliances and a large island that serves as both workspace and breakfast bar. The main living area offers a high, vaulted ceiling to enhance its spacious look. Each living area flows into the next. Secondary bedrooms are spacious and are the pefect place to dream or play. The large master bedroom comes complete with ensuite, views of the water and is tucked away from the rest of the home for privacy. The grassy yard offers plenty space for outdoor activities and is sure to be a retreat from your busy life with no neighbors behind you! Come fall in love! Convenient to shopping and zoned to Magnolia ISD!
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Forest West
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Listed by: Michelle Garza- Beason, RE/MAX Redefined
Last Updated: 5 months ago
Data Source: HAR , MLS# 68985487
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Last Updated: 5 months ago
Data Source: HAR , MLS# 68985487
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