45
Map
$675,000
●
House -
In Contract
40687 Damuth Drive
Magnolia, TX 77354
3 Beds
3 Baths
2,655 Ft²
$4,128
Est. Monthly
$41
HOA / Fees
About This Property
Designed for comfortable living and entertaining, this inviting
custom home offers an open-concept interior with stunning details
and exceptional outdoor living. Cove ceilings, crown molding, a
stone fireplace and expansive windows showcase views of the lush
backyard and stunning pool with both a heater and chiller. Custom
stone work enhances the covered patio with an outdoor grill and
fridge - extending the living space outdoors. Chef's kitchen
features granite counters, gas cooktop, double ovens, custom
cabinetry, walk-in pantry and spacious island/breakfast bar.
Private primary suite offers pool views, and a spa-like bath with
an impressive oversized walk in closet. Office/study with closet
offers flexibility as a 4th bedroom. Privately set on a 16,187 SF
lot with a fenced yard and storage shed. Additional highlights
include a 3-car side-entry garage and 24kW whole-house generator.
Convenient to FM 1488, Hwy 249/Aggie Expressway, shopping, dining,
and The Woodlands.
Unit Size
2,655 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$254
Property Type
House
Property Taxes
$772
HOA Dues
$41
Year Built
2018
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: 2 months ago (HAR #73346165)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 9, 2026 | In contract | - | |
| In contract | |||
| Sep 30, 2026 | Listed by Better Homes and Gardens Real Estate Gary Greene - Lake Conroe South | $675,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Lake Conroe South | |||
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Oversized
Garage Spaces: 3
Interior Details
Full Bathrooms: 3
Interior Features: Crown Molding, High Ceilings, All Bedrooms Down, En-Suite Bath, Sitting Area, Split Plan, Walk-In Closet(s)
Appliances: Disposal, Wine Refrigerator, Double Oven, Microwave, Gas Cooktop, Dishwasher
Flooring Type: Tile, Wood, Vinyl Plank
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Has Fireplace
Fireplace Features: Gas Log
Fireplaces: 1
Exterior Details
Square Footage: 2655
Architectural Style: Traditional
Year Built: 2018
Building Area Total: 2655
Other Structures: Shed(s)
Window Features: Insulated/Low-E windows
Construction Materials: Brick, Cement Siding, Stone
Patio and Porch Features: Covered, Patio, Porch
Pool Features: Gunite, Heated, In Ground
Pool is Private
Lot Features: Back Yard, Subdivided, 1/4 Up to 1/2 Acre
Lot Size Area: 0.3716
Lot Size Units: Acres
Lot Size Acres: 0.3716
Lot Size Square Feet: 16186.896
Water Source: Public
Financial Details
Tax Annual Amount: $9,258
Utilities Details
Cooling Type: Ceiling Fan(s), Electric
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Park, Picnic Area, Playground, Trail(s)
HOA Fee: $495
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Montgomery
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Listed by: Brenda Schafer, Better Homes and Gardens Real Estate Gary Greene - Lake Conroe South
Last Updated: 2 months ago
Data Source: HAR , MLS# 73346165
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Last Updated: 2 months ago
Data Source: HAR , MLS# 73346165
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