$1,499,999 Last Listed Price
●
House -
Off Market
28313 Meadow Falls
Magnolia, TX 77355
5 Beds
4 Baths,
1
Half Bath
6,232 Ft²
$1,824,107
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
Beautiful Custom Home nestled on over 1 acre on the 18th fairway in
the gated section of "The Falls" in High Meadow Ranch.Home features
circle driveway w/ 2 car oversized attached garage and oversize
detached 2 car garage with a porte-cochere attaching. Spacious 5
bedroom home with antique beams throughout. Living Room features
24' ceilings and full stone gas fireplace. Primary Down along w/
2nd Bedroom with full ensuite.Custom glass doors overlook the
fabulous back yard and custom fire pit for the perfect backyard
entertaining. Large covered porch w/outdoor kitchen overlooking the
beautiful custom negative edge glass spa/pool. 1st Game Room
downstairs w/ bar that has 12' full glass access to outdoor
kitchen.An entertainer's dream home featuring spacious kitchen 2
huge islands w/double sinks,walk in working butlers pantry w/ 2nd
Fridge. Primary bedroom features high ceilings and beautiful
ensuite w/ his and her closets. Primary has its own washer/dryer.
2nd Gameroom and Media Upstairs.
Unit Size
6,232 Ft²
Days on Market
-
Land Size
1.09 acres
Price per sqft
$241
Property Type
House
Property Taxes
$1,838
HOA Dues
$186
Year Built
2018
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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 #57892999)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2021 | Sold | ||
| Sold | |||
| Mar 11, 2021 | Listed by Coldwell Banker Realty | $1,499,999 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Beautiful Custom Home nestled on over 1 acre on the 18th fairway in the gated section of "The Falls" in High Meadow Ranch.Home features circle driveway w/ 2 car oversized attached garage and oversize detached 2 car garage with a porte-cochere attaching. Spacious 5 bedroom home with antique beams throughout. Living Room features 24' ceilings and full stone gas fireplace. Primary Down along w/ 2nd Bedroom with full ensuite.Custom glass doors overlook the fabulous back yard and custom fire pit for the perfect backyard entertaining. Large covered porch w/outdoor kitchen overlooking the beautiful custom negative edge glass spa/pool. 1st Game Room downstairs w/ bar that has 12' full glass access to outdoor kitchen.An entertainer's dream home featuring spacious kitchen 2 huge islands w/double sinks,walk in working butlers pantry w/ 2nd Fridge. Primary bedroom features high ceilings and beautiful ensuite w/ his and her closets. Primary has its own washer/dryer. 2nd Gameroom and Media Upstairs.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About High Meadow Ranch
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Listed by: Nikole Moore, Coldwell Banker Realty
Last Updated: 5 months ago
Data Source: HAR , MLS# 57892999
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Last Updated: 5 months ago
Data Source: HAR , MLS# 57892999
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