$370,000 Last Listed Price
●
House -
Off Market
40203 Roundup Road
Magnolia, TX 77354
3 Beds
2 Baths
2,664 Ft²
$440,093
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
So much potential! Incredible location for this unique cottage in
the woods. Nestled on over two acres backing to nature. Huge master
suite with enormous closet, family room with double sided brick
fireplace, high ceilings, open floor plan, room to the left as you
walk in could easily be closed off as a study (see floor plan) ,
large utility / Mud room, loads of built-in cabinetry. Washer,
dryer and fridge stay. Hot water heater 2016. Wheel chair
accessible.
Covered back porch. Magnolia schools, convenient access to FM1488, shopping and churches.
Very private and quiet. Flexible floor plan with loads of options for improvements and upgrades.
Covered back porch. Magnolia schools, convenient access to FM1488, shopping and churches.
Very private and quiet. Flexible floor plan with loads of options for improvements and upgrades.
Unit Size
2,664 Ft²
Days on Market
-
Land Size
2.05 acres
Price per sqft
$139
Property Type
House
Property Taxes
$617
HOA Dues
$8
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: 5 months ago (HAR #44424962)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Nov 4, 2025 | In contract | - | |
| In contract | |||
| Oct 22, 2025 | Listed by RE/MAX The Woodlands & Spring | $625,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
   | |||
|
Beautifully remodeled 1-story white brick home on 2+ acres backing to nature in the hidden gem subdivision of Cimarron Country. Private driveway leads to this 4 bed/2-bath home featuring high ceilings, crown molding & LVP flooring throughout. Open concept living area offers wall of windows showcasing serene outdoor views. Spacious, modern kitchen includes granite countertops, farmhouse sink, custom cabinetry, backsplash, wine fridge & new appliances, including 8-burner gas cooktop w/griddle, flowing seamlessly into the dining area. Primary suite features abundant natural light, sitting area & luxurious ensuite bath with frameless shower & large walk-in closet. Two secondary bedrooms share updated full bath, plus flexible 4th bedroom option. Private office with built-ins. Outside, detached 2-car garage, patio w/extended deck and whole-home generator. Additional updates including new roof (2024), plumbing & electrical fixtures, sprinkler controller (2022) and more; see attached list.
| |||
| May 14, 2021 | Sold | ||
| Sold | |||
| Apr 1, 2021 | Listed by RE/MAX The Woodlands & Spring | $370,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
| | |||
|
So much potential! Incredible location for this unique cottage in the woods. Nestled on over two acres backing to nature. Huge master suite with enormous closet, family room with double sided brick fireplace, high ceilings, open floor plan, room to the left as you walk in could easily be closed off as a study (see floor plan) , large utility / Mud room, loads of built-in cabinetry. Washer, dryer and fridge stay. Hot water heater 2016. Wheel chair accessible.
Covered back porch. Magnolia schools, convenient access to FM1488, shopping and churches.
Very private and quiet. Flexible floor plan with loads of options for improvements and upgrades.
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Cimarron Country
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Listed by: Andrea Keiller, RE/MAX The Woodlands & Spring
Last Updated: 5 months ago
Data Source: HAR , MLS# 44424962
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Last Updated: 5 months ago
Data Source: HAR , MLS# 44424962
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