$309,995 Last Listed Price
●
House -
Off Market
31902 Pine Crossing
Magnolia, TX 77355
3 Beds
2 Baths
1,248 Ft²
$1,899
Est. Monthly
$4
HOA / Fees
About This Property
Welcome to the highly desirable community of Magnolia Crossing,
this extraordinary, modern farmhouse screams curb appeal from the
oversize corner lot to the metal roof. Upon entry you are greeted
with beautiful LVP floors throughout. This renovated 3 bedroom and
2 full bathroom home offers vaulted ceiling and an open floor plan,
perfect for entertaining family and friends. The kitchen is a
chef's dream, it is fully equipped with Quartz countertops,
appliances and an abundance of cabinets for storage. The primary
room is a spacious size. Walking into your bathroom is like walking
into your own oasis, walk in shower and double vanity sinks. The
remaining 2 bedrooms are the perfect size for your guest or an
additional flex/room. The garage was also renovated, new sheetrock
and epoxy floors for all you car lovers! This home sits on 3/4 of
an acre, enjoy country living within the city limits. Property
includes a storage building. Home is close proximity to shopping,
school and restaurants.
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.73 acres
Price per sqft
$248
Property Type
House
Property Taxes
$372
HOA Dues
$4
Year Built
1989
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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 #39332768)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 15, 2024 | Sold | ||
| Sold | |||
| Nov 26, 2023 | Listed by Gold Quest Realty - Galleria | $309,995 | |
| Listed by Gold Quest Realty - Galleria | |||
| | |||
|
Welcome to the highly desirable community of Magnolia Crossing, this extraordinary, modern farmhouse screams curb appeal from the oversize corner lot to the metal roof. Upon entry you are greeted with beautiful LVP floors throughout. This renovated 3 bedroom and 2 full bathroom home offers vaulted ceiling and an open floor plan, perfect for entertaining family and friends. The kitchen is a chef's dream, it is fully equipped with Quartz countertops, appliances and an abundance of cabinets for storage. The primary room is a spacious size. Walking into your bathroom is like walking into your own oasis, walk in shower and double vanity sinks. The remaining 2 bedrooms are the perfect size for your guest or an additional flex/room. The garage was also renovated, new sheetrock and epoxy floors for all you car lovers! This home sits on 3/4 of an acre, enjoy country living within the city limits. Property includes a storage building. Home is close proximity to shopping, school and restaurants.
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Magnolia Crossing
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Listed by: Johnathan Canizalez, Gold Quest Realty - Galleria
Last Updated: 4 months ago
Data Source: HAR , MLS# 39332768
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Last Updated: 4 months ago
Data Source: HAR , MLS# 39332768
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