$289,990
↓ $5K (1.7%)
●
House -
For Sale
405 Magnolia View Drive
Brookshire, TX 77423
3 Beds
2 Baths
1,667 Ft²
$1,487
Est. Monthly
$63
HOA / Fees
About This Property
Come home to Azalea, a vibrant master-planned community in
Brookshire, TX, where peaceful country living meets modern
convenience. This NEW construction Beech floor plan offers 3
bedrooms, 2 baths, and a 2-car garage. Designed for both everyday
living & entertaining, the open-concept layout seamlessly connects
the kitchen, breakfast area, & family room. The chef-inspired
kitchen features stainless steel appliances, custom cabinetry, and
beautiful Omega Stone countertops. Durable laminate flooring
extends throughout the main living areas, while tile accents the
wet areas. Retreat to the private primary suite, complete with dual
vanities, a relaxing soaking tub, a separate walk-in shower, and a
spacious walk-in closet. Outside you can enjoy the covered patio
overlooking a fully sodded backyard with a sprinkler system for
easy maintenance and year-round enjoyment. Residents enjoy
resort-style amenities, including a sparkling pool, recreation
center, scenic trails, & green spaces.
Unit Size
1,667 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$174
Property Type
House
Property Taxes
-
HOA Dues
$63
Year Built
-
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: 17 days ago (HAR #325641)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2026 | Price Decreased |
$289,990
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Oct 3, 2026 | Price Decreased |
$294,990
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Sep 16, 2026 | Listed by DRB Group Realty, LLC | $299,990 | |
| Listed by DRB Group Realty, LLC | |||
Property Highlights
Garage
Parking Details
Has Garage
Attached Garage
Parking Features: Attached
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: High Ceilings, Formal Entry/Foyer, En-Suite Bath, Primary Bed - 1st Floor, Walk-In Closet(s)
Appliances: ENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
Flooring Type: Carpet, Tile
Door Features: Insulated Doors
Laundry Features: Gas Dryer Hookup, Washer Hookup
Exterior Details
Square Footage: 1667
Architectural Style: Traditional
Year Built Source: Builder
Year Built: 2026
Builder Name: DRB Homes
Building Area Total: 1667
Window Features: Insulated/Low-E windows
Construction Materials: Brick, Stone, Wood Siding, Insulation - Blown Fiberglass
Patio and Porch Features: Covered, Patio
Lot Features: Subdivided, 0 Up To 1/4 Acre
Lot Size Area: 0.16
Lot Size Units: Acres
Lot Size Acres: 0.16
Lot Size Square Feet: 6969
Water Source: Water District
Utilities Details
Cooling Type: Electric
Heating Type: Natural Gas
Location Details
HOA Fee: $750
HOA Fee Frequency: Annually
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 Waller
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Listed by: Chaquia Thomas, DRB Group Realty, LLC
Last Updated: 17 days ago
Data Source: HAR , MLS# 325641
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Last Updated: 17 days ago
Data Source: HAR , MLS# 325641
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