$540,000 Last Listed Price
●
House -
Off Market
5002 Magnolia Bend Drive
Rosharon, TX 77583
5 Beds
3 Baths,
1
Half Bath
3,140 Ft²
$3,567
Est. Monthly
$50
HOA / Fees
About This Property
Indulge in serene country living mere moments from Pearland, with a
quick route to vibrant Downtown Houston. Nestled on a sprawling
1-acre plot, this charming 2-story brick abode beckons with its
grandeur. Step inside to discover a captivating world, beginning
with a stately entrance leading to a cozy study adorned with French
doors. The heart of the home unfolds into an airy expanse,
seamlessly merging the dining area, den, and kitchen adorned with
soaring ceilings and exquisite granite countertops. Stainless steel
appliances gleam alongside ample cabinet space, promising culinary
delights. Retreat to the luxurious primary suite
downstairs,boasting a trayed ceiling and an opulent bath. Abundant
walk-in closets offer coveted storage. Ascend upstairs to find a
delightful gameroom complete with a built-in study nook,a private
guest haven with an en-suite bath, and 3 generously-sized bedrooms
awaiting your personal touch. Welcome to your idyllic haven where
comfort meets sophistication.
Unit Size
3,140 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$172
Property Type
House
Property Taxes
$865
HOA Dues
$50
Year Built
2014
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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 #8462857)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 5, 2024 | Sold | ||
| Sold | |||
| Jun 20, 2024 | In contract | - | |
| In contract | |||
| Apr 24, 2024 | Listed by Keller Williams Realty Metropolitan | $540,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
| Feb 23, 2019 | No longer available | - | |
| No longer available | |||
| Sep 16, 2018 | Listed by Keller Williams Houston Preferred | $389,900 | |
| Listed by Keller Williams Houston Preferred | |||
| | |||
|
Enjoy quiet country living just minutes away from Pearland and a straight shot into Downtown Houston. This gorgeous 2 story brick home with an impressive entrance that leads to a study with French doors. This home is an open-concept dining, den, and kitchen with high ceilings and beautiful granite countertops, stainless appliances, and lots of cabinet space. Master bedroom downstairs has trayed ceiling with a magnificent master bath. Spacious walk-in closets youll love! Upstairs youll enjoy a gameroom with built-in study nook, private guest room with en-suite bath and three additional spacious bedrooms. Agent/Owner The manager has listed the unit size as 3140 square feet.
| |||
Property Highlights
Garage
Elevator
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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HOA + Taxes
About Iowa Colony
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Listed by: Rene Sorola, Keller Williams Realty Metropolitan
Last Updated: 5 months ago
Data Source: HAR , MLS# 8462857
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Last Updated: 5 months ago
Data Source: HAR , MLS# 8462857
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