$700,000 Last Listed Price
●
House -
Off Market
31735 Spinnaker Run
Magnolia, TX 77354
3 Beds
2 Baths,
1
Half Bath
2,487 Ft²
$4,284
Est. Monthly
$79
HOA / Fees
About This Property
Wow! Welcome to this rare one story on two acres in Lake Windcrest.
The updates are sensational and this lot which is adjacent to the
equestrian trail is phenomenal! Gated driveway offers privacy. The
outdoor area includes a private pool, screened porch, fire pit,
storage shed and full workshop. Indoors the corner fireplace
beckons you to sit and relax. Open and bright floorplan that lends
to gathering family and friends. The kitchen is a cook and
entertainer's delight with all of its cabinets and features.
Primary retreat offers a sitting room, ensuite bath. This is truly
a beautiful and remarkable home and has a generator! If you
have been dreaming of your little piece of earth, this could be the
one.
Unit Size
2,487 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$281
Property Type
House
Property Taxes
$767
HOA Dues
$79
Year Built
1999
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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 #44762484)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Apr 4, 2024 | In contract | - | |
| In contract | |||
| Apr 2, 2024 | Listed by RE/MAX Integrity | $700,000 | |
| Listed by RE/MAX Integrity | |||
| | |||
|
Wow! Welcome to this rare one story on two acres in Lake Windcrest. The updates are sensational and this lot which is adjacent to the equestrian trail is phenomenal! Gated driveway offers privacy. The outdoor area includes a private pool, screened porch, fire pit, storage shed and full workshop. Indoors the corner fireplace beckons you to sit and relax. Open and bright floorplan that lends to gathering family and friends. The kitchen is a cook and entertainer's delight with all of its cabinets and features. Primary retreat offers a sitting room, ensuite bath. This is truly a beautiful and remarkable home and has a generator! If you have been dreaming of your little piece of earth, this could be the one.
| |||
| Dec 16, 2020 | Sold | ||
| Sold | |||
| Nov 21, 2020 | Listed by Texas Home Group, REALTORS | $445,000 | |
| Listed by Texas Home Group, REALTORS | |||
| | |||
|
Rare, gated one-story on 2 acres in Lake & Golf Course Community of Lake Windcrest. Property offers beautiful grounds w/wrought iron fencing, gated entry, shade trees, in-ground pool, flagstone patio, firepit & trail/reserve runs alongside & back of property.Features high ceilings, family room w/fireplace, built-ins, wall of windows, kitchen offers an abundance of custom cabinets, great workspace, large island, double ovens, gas cooktop, & breakfast bar all open to the family & breakfast area. Study w/wood floors, custom built-ins & French Doors & formal dining room. Primary retreat offers a sitting area, in-suite bath w/ his/her vanities, walk-in shower & soaking tub as well as a large walk-in closet w/built-ins. 2020 updates: Roof, gutters, pool pump, interior paint, interior door knobs, ext garage door, plumbing fixtures in all baths, remodel master closet. Recent updates: carpet, exterior paint, 1 water heater, wood laminate flooring, double ovens, kichen sink, faucet & dishwasher.
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lake Windcrest
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Listed by: Carol Knott Tefft, RE/MAX Integrity
Last Updated: 5 months ago
Data Source: HAR , MLS# 44762484
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Last Updated: 5 months ago
Data Source: HAR , MLS# 44762484
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