$900,000 Last Listed Price
●
House -
Off Market
31353 Dobbin Huffsmith Road
Magnolia, TX 77354
3 Beds
2 Baths,
1
Half Bath
2,611 Ft²
$4,804
Est. Monthly
About This Property
Welcome to your own piece of country paradise, conveniently located
near all that Magnolia has to offer! This unrestricted 3-bed,
2.5-bath home is nestled on approx. 6-acres. Step inside to
discover recent updates, lending a bright & modern feel to every
corner of this inviting home. The spacious layout has a study,
ideal for remote work or relaxation, & a large breakfast area ready
to accommodate gatherings of any size. The heart of the home
is the island kitchen, complete w/ ample cabinets & a convenient
walk-in pantry. Step outside to enjoy the expansive patio area
overlooking the serene, stocked pond. Additionally, the property
features a versatile 40X40 shop w/ 2 air conditioners, 3
pass-through doors, 2 roll-up doors & a framed-in office space. NEW
Roof 02/2024, interior & exterior house paint 03/2023, interior
paint in 40X40 shop 03/2023. primary bathtub needs replacing.
Schedule your showing today for your private viewing of what could
be your next home &/or business location!
Unit Size
2,611 Ft²
Days on Market
-
Land Size
6.00 acres
Price per sqft
$345
Property Type
House
Property Taxes
$385
HOA Dues
-
Year Built
2003
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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: 4 months ago (HAR #48995224)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 6, 2024 | Sold | ||
| Sold | |||
| May 30, 2024 | In contract | - | |
| In contract | |||
| Apr 23, 2024 | Listed by R Group Realtors | $900,000 | |
| Listed by R Group Realtors | |||
| | |||
|
Welcome to your own piece of country paradise, conveniently located near all that Magnolia has to offer! This unrestricted 3-bed, 2.5-bath home is nestled on approx. 6-acres. Step inside to discover recent updates, lending a bright & modern feel to every corner of this inviting home. The spacious layout has a study, ideal for remote work or relaxation, & a large breakfast area ready to accommodate gatherings of any size. The heart of the home is the island kitchen, complete w/ ample cabinets & a convenient walk-in pantry. Step outside to enjoy the expansive patio area overlooking the serene, stocked pond. Additionally, the property features a versatile 40X40 shop w/ 2 air conditioners, 3 pass-through doors, 2 roll-up doors & a framed-in office space. NEW Roof 02/2024, interior & exterior house paint 03/2023, interior paint in 40X40 shop 03/2023. primary bathtub needs replacing. Schedule your showing today for your private viewing of what could be your next home &/or business location!
| |||
| Jun 5, 2023 | Sold | ||
| Sold | |||
| Sep 13, 2022 | Listed by JLA Realty | $1,295,000 | |
| Listed by JLA Realty | |||
| | |||
|
Welcome to 8.2 acres of unrestricted property! This property can be used for commercial and/or residential purposes, the best of both worlds! Conveniently located on Dobbin Huffsmith, alongside many other commercial properties. The proposed WoodTrace Blvd. Extension will connect FM 2978 to SH 249, and will travel through Dobbin Huffsmith- just minutes from this property! The property boasts a single family home with 10 foot ceilings throughout, a large office, 3 bedrooms and 2.5 baths, and an open concept kitchen. The home also has approximately 600-800 sq ft of attic space that could easily be converted to additional living space or office space. The oversized shop is 1600 sq ft with a 400 sq ft office with large commercial tempered glass windows. The shop features 2 Trane heat pump A/C and heating systems, one to service the shop and one for the office space. Towards the back you will find a large socked pond. This property truly has it all!
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Montgomery
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Listed by: Joe Mark Robinson, R Group Realtors
Last Updated: 4 months ago
Data Source: HAR , MLS# 48995224
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Last Updated: 4 months ago
Data Source: HAR , MLS# 48995224
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