$475,000 Last Listed Price
●
House -
Off Market
40518 Roundup Road Road
Magnolia, TX 77354
3 Beds
2 Baths
1,721 Ft²
$2,904
Est. Monthly
$12
HOA / Fees
About This Property
This charming 3-bedroom, 2-bathroom house is now available for
sale. Situated on a spacious 1.15-acre lot, this property offers
the perfect opportunity for country living. Upon entering the home,
you'll be greeted by fresh paint throughout and updated flooring
that adds a modern touch. The kitchen has been tastefully remodeled
with beautiful quartz countertops, refinished cabinets, and updated
sinks and faucets. The bathrooms have also been upgraded with new
toilets and updated counters. Natural light fills every room thanks
to the recently installed windows, creating a warm and inviting
atmosphere. The wrap-around porch provides a lovely space to relax
and enjoy the peaceful surroundings. For those in need of storage
or workspace, this property has you covered. With a 2-car garage,a
workshop, and an attached carport, here's plenty of room for all
things! Located in a serene setting, this property offers the best
of both worlds - tranquility and convenience.
Unit Size
1,721 Ft²
Days on Market
-
Land Size
1.15 acres
Price per sqft
$276
Property Type
House
Property Taxes
$559
HOA Dues
$12
Year Built
1990
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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 #52700239)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| Apr 6, 2024 | In contract | - | |
| In contract | |||
| Feb 8, 2024 | No longer available | - | |
| No longer available | |||
| Feb 7, 2024 | Listed by eXp Realty LLC | $475,000 | |
| Listed by eXp Realty LLC | |||
| Jan 6, 2024 | Listed by eXp Realty LLC | $509,999 | |
| Listed by eXp Realty LLC | |||
| | |||
|
This charming 3-bedroom, 2-bathroom house is now available for sale. Situated on a spacious 1.15-acre lot, this property offers the perfect opportunity for country living. Upon entering the home, you'll be greeted by fresh paint throughout and updated flooring that adds a modern touch. The kitchen has been tastefully remodeled with beautiful quartz countertops, refinished cabinets, and updated sinks and faucets. The bathrooms have also been upgraded with new toilets and updated counters. Natural light fills every room thanks to the recently installed windows, creating a warm and inviting atmosphere. The wrap-around porch provides a lovely space to relax and enjoy the peaceful surroundings. For those in need of storage or workspace, this property has you covered. With a 2-car garage,a workshop, and an attached carport, here's plenty of room for all things! Located in a serene setting, this property offers the best of both worlds - tranquility and convenience.
| |||
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Property Highlights
Garage
Fireplace
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: Chloe Harper, eXp Realty LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 52700239
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Last Updated: 5 months ago
Data Source: HAR , MLS# 52700239
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