$429,000 Last Listed Price
●
House -
Off Market
40214 Roundup Road
Magnolia, TX 77354
3 Beds
2 Baths,
1
Half Bath
2,325 Ft²
$573,656
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
Beautiful custom country style home on 1.5 acres .This beauty boast
of high ceilings ,3 bedrooms down,game room up could be a 4th or
man cave. 2.5 baths, large utility room . Master features
jetted garden style tub for soaking w/separate shower,double sinks
and private access to Large covered back patio 40 x 28, with
hot tub and a flat screen tv . Family room boast of high ceilings
and beautiful stain glass window, rock front gas log fire place w/
heatilator . Relax on the covered front porch 26 x 8 enjoy
watching the wild life after a long days work. Backyard is
fenced and provides plenty of room for a home garden ,chickens and
the kids. Secluded setting yet close to Magnolia , and The
Woodlands amenities. Wired for surround sound. Located in
Magnolia ISD. 24 x 12 Shed for your workshop with
220/110 power and a separate 12 x 10 shed for your yard
equipment. aluminum gutters.
Unit Size
2,325 Ft²
Days on Market
-
Land Size
1.50 acres
Price per sqft
$185
Property Type
House
Property Taxes
$490
HOA Dues
$13
Year Built
1998
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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 #11234114)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Jun 28, 2025 | In contract | - | |
| In contract | |||
| Jun 19, 2025 | Price Decreased |
$550,000
↓ $50K
(8.3%) | |
| Price Decreased | |||
| Jun 2, 2025 | Listed by eXp Realty, LLC | $599,999 | |
| Listed by eXp Realty, LLC | |||
   | |||
|
Welcome to Cimarron Country,located on 1.5 acres this home features three bedrooms on the main level and a versatile upstairs game room that can serve as a fourth bedroom or study with a private staircase. Key highlights include a spacious utility room for storage and laundry, a primary bedroom with a jetted tub, separate shower, double sinks, and private access to a large covered patio measuring 40 x 28 feet. The family room boasts high ceilings, a stained glass window, and a cozy rock-front gas log fireplace. Outdoor spaces include a covered front porch and an expansive fenced backyard with room for a garden or outdoor projects. There are also sheds, including a 24 x 12 workshop shed with 220/110 power and a 12 x 10 shed for yard equipment. This property offers privacy while being close to Magnolia and The Woodlands, making it a perfect lifestyle choice.
| |||
| Oct 21, 2020 | Sold | ||
| Sold | |||
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Property Highlights
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: Sherry Drummond, BHGRE Gary Greene - Magnolia
Last Updated: 5 months ago
Data Source: HAR , MLS# 11234114
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Last Updated: 5 months ago
Data Source: HAR , MLS# 11234114
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