$475,000 Last Listed Price
●
House -
Off Market
40402 Roundup Road
Magnolia, TX 77354
4 Beds
2 Baths,
1
Half Bath
2,450 Ft²
$2,901
Est. Monthly
$15
HOA / Fees
About This Property
Nestled on lush 1.44 acres in the highly sought-after Cimarron
Country subdivision, this captivating 4-bedroom home offers an
inviting blend of tranquility and charm. Surrounded by mature shade
trees, the serene outdoor setting perfectly complements the beauty
within. The home features a spacious kitchen adorned with elegant
tile flooring, seamlessly connecting to a formal dining room and a
spacious breakfast area, making it ideal for entertaining family
and friends. High ceilings add grandeur to the living area, where a
cozy fireplace sets the tone for relaxation. The primary bedroom
suite offers a private retreat, complete with a en-suite bath
featuring a soaking tub, dual sinks, and a separate shower. The
home's classic brick exterior radiates timeless appeal, while the
expansive patio invites outdoor gatherings in the peaceful
surroundings. With a 3-car attached garage and abundant space for
storage, this home offers the perfect blend of comfort and
elegance.
Unit Size
2,450 Ft²
Days on Market
-
Land Size
1.44 acres
Price per sqft
$194
Property Type
House
Property Taxes
$553
HOA Dues
$15
Year Built
1999
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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 #60531953)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 21, 2024 | Sold | ||
| Sold | |||
| Oct 25, 2024 | In contract | - | |
| In contract | |||
| Oct 18, 2024 | Listed by RE/MAX The Woodlands & Spring | $475,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
| | |||
|
Nestled on lush 1.44 acres in the highly sought-after Cimarron Country subdivision, this captivating 4-bedroom home offers an inviting blend of tranquility and charm. Surrounded by mature shade trees, the serene outdoor setting perfectly complements the beauty within. The home features a spacious kitchen adorned with elegant tile flooring, seamlessly connecting to a formal dining room and a spacious breakfast area, making it ideal for entertaining family and friends. High ceilings add grandeur to the living area, where a cozy fireplace sets the tone for relaxation. The primary bedroom suite offers a private retreat, complete with a en-suite bath featuring a soaking tub, dual sinks, and a separate shower. The home’s classic brick exterior radiates timeless appeal, while the expansive patio invites outdoor gatherings in the peaceful surroundings. With a 3-car attached garage and abundant space for storage, this home offers the perfect blend of comfort and elegance.
| |||
Property Highlights
Fireplace
Garage
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
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Cimarron Country
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Listed by: Jeffrey Morris, RE/MAX The Woodlands & Spring
Last Updated: 5 months ago
Data Source: HAR , MLS# 60531953
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Last Updated: 5 months ago
Data Source: HAR , MLS# 60531953
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