49
Map
$725,000
↓ $25K (3.3%)
●
House -
For Sale
32037 Dobbin Huffsmith Road
Magnolia, TX 77354
4 Beds
2 Baths,
1
Half Bath
2,856 Ft²
$4,071
Est. Monthly
About This Property
5.3 peaceful acres, this former equestrian training facility once
welcomed elite riders. A rare opportunity to restore a truly
special property. The grounds feature a 10-stall horse barn, two
tack rooms, a viewing room, jumping arena. Tucked away from the
main road, the property offers a sense of privacy and tranquility,
while still being conveniently located. The main home is 2,184 sq
ft home with 4 bdrms, 2.5 bthrms, and an upstairs balcony. The home
is in need of updates but offers solid bones and the potential to
be transformed into a charming estate residence. Behind the main
house sits a small "yellow schoolroom", which could be restored and
repurposed as a mother-in-law suite, guest quarters, home office,
studio, or rental opportunity. Additional features include a
two-car garage plus covered parking for two more vehicles. With
acreage, equestrian infrastructure, and multiple structures, this
property offers endless possibilities for redevelopment,
restoration, or reinvention.
Unit Size
2,856 Ft²
Days on Market
-
Land Size
5.30 acres
Price per sqft
$254
Property Type
House
Property Taxes
$510
HOA Dues
-
Year Built
1978
Listed By
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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 #19848774)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 12, 2026 | Price Decreased |
$725,000
↓ $25K
(3.3%) | |
| Price Decreased | |||
| Mar 30, 2026 | Listed by REALM Real Estate Professionals - West Houston | $750,000 | |
| Listed by REALM Real Estate Professionals - West Houston | |||
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Has Carport
Parking Features: Detached, Additional Parking, Attached Carport
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: High Ceilings, Vaulted Ceiling(s), Primary Bed - 1st Floor, Walk-In Closet(s)
Appliances: Double Oven, Electric Cooktop, Dishwasher
Flooring Type: Tile, Wood
Laundry Features: Electric Dryer Hookup, Washer Hookup
Has Fireplace
Fireplace Features: Wood Burning
Fireplaces: 1
Exterior Details
Square Footage: 2856
Architectural Style: Farmhouse, Traditional
Year Built: 1978
Building Area Total: 2856
Other Structures: Shed(s), Workshop, Barn/Stable
Construction Materials: Brick, Vinyl Siding, Wood Siding
Patio and Porch Features: Covered
Lot Features: Subdivided, 5 Up to 10 Acres
Lot Size Area: 5.3
Lot Size Units: Acres
Lot Size Acres: 5.3
Lot Size Square Feet: 230868
Water Source: Well
Financial Details
Tax Annual Amount: $6,124
Utilities Details
Cooling Type: Ceiling Fan(s), Electric
Heating Type: Electric
Sewer : Septic Tank
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
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HOA + Taxes
About Montgomery
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Listed by: Olivia Ober, REALM Real Estate Professionals - West Houston
Last Updated: 5 months ago
Data Source: HAR , MLS# 19848774
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Last Updated: 5 months ago
Data Source: HAR , MLS# 19848774
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