$2,425,000 Last Listed Price
●
House -
Off Market
3303 Corolla Road
Magnolia, TX 77354
4 Beds
3 Baths,
1
Half Bath
4,095 Ft²
$12,481
Est. Monthly
About This Property
Discover Texas country living at its finest! This stunning custom
home is set on approximately 27 acres of scenic land just minutes
from The Woodlands. Renovated to perfection in 2022, this home
seamlessly blends modern luxury with rustic charm offering spacious
living & dining areas. The heart of this home is the inviting
island kitchen boasting quartz countertops & top of the line
appliances. All bedrooms are located upstairs, including the lavish
primary suite & ensuite bath that presents true elegance. Outside,
the extended back covered patio has an outdoor kitchen & fireplace,
overlooking a shimmering pool with a cascading waterfall – perfect
for entertaining! Embrace the meaning of a working farm, with
fenced and cross-fenced pastures, 2 stocked ponds fed by solar
pump/well systems, barn with 3 stalls, cattle shed with corral &
loading chutes. The property also has an insulated workshop (50' x
60') with polished concrete floors that can house 10+ cars. Active
Ag exemption!
Unit Size
4,095 Ft²
Days on Market
-
Land Size
26.87 acres
Price per sqft
$592
Property Type
House
Property Taxes
$574
HOA Dues
-
Year Built
1999
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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 #92454745)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | In contract | - | |
| In contract | |||
| Jan 16, 2024 | Listed by Keller Williams Realty The Woodlands | $2,425,000 | |
| Listed by Keller Williams Realty The Woodlands | |||
| | |||
|
Discover Texas country living at its finest! This stunning custom home is set on approximately 27 acres of scenic land just minutes from The Woodlands. Renovated to perfection in 2022, this home seamlessly blends modern luxury with rustic charm offering spacious living & dining areas. The heart of this home is the inviting island kitchen boasting quartz countertops & top of the line appliances. All bedrooms are located upstairs, including the lavish primary suite & ensuite bath that presents true elegance. Outside, the extended back covered patio has an outdoor kitchen & fireplace, overlooking a shimmering pool with a cascading waterfall – perfect for entertaining! Embrace the meaning of a working farm, with fenced and cross-fenced pastures, 2 stocked ponds fed by solar pump/well systems, barn with 3 stalls, cattle shed with corral & loading chutes. The property also has an insulated workshop (50' x 60') with polished concrete floors that can house 10+ cars. Active Ag exemption!
| |||
| Jan 2, 2024 | No longer available | - | |
| No longer available | |||
| May 11, 2023 | Listed by RE/MAX Universal | $2,500,000 | |
| Listed by RE/MAX Universal | |||
| | |||
|
Fabulous Texas Country custom home on 27 acres (24 w/ag exemption & 3 acres w/homestead exemption). Completely remodeled in 2022. The main floor offers large living & dining areas, each with their own FP. You will love this island kitchen with quartz countertops & a Decor 6 burner cooktop & double dual fuel convection ovens. All the bedrooms are up. The owners suite features a gleaming white bathroom with frameless shower, soaking tub, quartz countertops, marble floors, built in dressing table, and huge closet. Enjoy entertaining on the extended back covered patio with outdoor kitchen, fireplace, overlooking lighted pool with waterfall. This working Farm is fenced and cross fenced with multiple pastures. There are two stocked ponds, filled by solar pump/well. 3 stall horse barn, corral, and loading chute, with water sources in the Paddocks.. The 59x50 workshop is insulated and has polished concrete floors. Don's miss this one!
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Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Justin McClung, Keller Williams Realty The Woodlands
Last Updated: 4 months ago
Data Source: HAR , MLS# 92454745
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Last Updated: 4 months ago
Data Source: HAR , MLS# 92454745
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