$165,000 Last Listed Price
●
Land -
Off Market
24810 Bridgewater Drive
Magnolia, TX 77355
Studio
0 Bath
$190,701
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
Heavily wooded corner +/-2.456 acres lot located in sought after
Clear Creek Forest Section 13 Replat. This is a wonderful lot for
you to pick the location of your dream home. Property will require
Aerobic Septic System and may require a well. This developed
Subdivision is for Single Family Homes.
Unit Size
-
Days on Market
-
Land Size
2.46 acres
Price per sqft
-
Property Type
Land
Property Taxes
$168
HOA Dues
$26
Year Built
-
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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: 6 months ago (HAR #36033270)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 27, 2023 | Sold | ||
| Sold | |||
| May 13, 2023 | Listed by CB&A, Realtors | $850,000 | |
| Listed by CB&A, Realtors | |||
| | |||
|
Beautiful Custom Barndominium where you can enjoy the peace of country living while having easy access to 249, Grand Parkway, and 290. Newly constructed home on over 2 acres with a creek that runs on the left side of the property. Double antique doors lead into a massive great room with a brick fireplace that can be wood burning or run on propane. Lots of windows bring in natural light and bring the outside in. The kitchen has tons of soft closing cabinets, state of the art appliances, copper sink on the large island that looks over the dining and family area. You have to see the 9x12 pantry! The bedrooms are beautifully designed with their own private bathrooms. The 10x25 covered patio opens up into a 1400sq foot air-conditioned shop. The shop has a full bath and is plumbed for a kitchen to make it a full guest quarters. 4 car garage is attached to the shop with a 16x10 door on the front and 8x8 door on the back. Plenty of space for a pool.
| |||
| Jul 7, 2021 | Sold | ||
| Sold | |||
| May 26, 2021 | Listed by Abby Realty | $165,000 | |
| Listed by Abby Realty | |||
| | |||
|
Heavily wooded corner +/-2.456 acres lot located in sought after Clear Creek Forest Section 13 Replat. This is a wonderful lot for you to pick the location of your dream home. Property will require Aerobic Septic System and may require a well. This developed Subdivision is for Single Family Homes.
| |||
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 Clear Creek Forest
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Listed by: Walter Hernandez, Abby Realty
Last Updated: 6 months ago
Data Source: HAR , MLS# 36033270
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Last Updated: 6 months ago
Data Source: HAR , MLS# 36033270
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