$2,300,000 Last Listed Price
●
House -
Off Market
5409 Meadow Road
Sugar Land, TX 77479
5 Beds
5 Baths,
2
Half Baths
7,574 Ft²
$2,303,856
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model
About This Property
Tucked away in the small acreage subdivision of Pecan Manor just
behind Riverstone & zoned to top schools, this gorgeous farmhouse
estate only feels miles away from the hustle & bustle of city
living. Wake up every morning feeling like you're in a boutique
B&B with the solitude that comes from living on 3+ acres of
private grounds. Swim in the pool/spa surrounded by a heart of
magnolia trees, enjoy a meal in the gazebo, take a walk in the
hedge maze or fruit orchard, or sip coffee on the porch & watch the
wind blow through the leaves of the legacy oak trees. Recently
remodeled by the owner/decorator, this gorgeous 5-bedroom home
offers interiors straight out of a design magazine. Separate guest
house over the 4-car garage with full kitchen & bath. See full list
of features in attachments. New HVAC. Unbelievable 1.6% tax rate, &
the optional HOA allows access to The Ranch, 30+ private acres of
wilderness trails ideal for horseback riding, biking, fishing on
the Brazos River. See tour
Unit Size
7,574 Ft²
Days on Market
-
Land Size
3.03 acres
Price per sqft
$304
Property Type
House
Property Taxes
$2,281
HOA Dues
-
Year Built
1984
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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: 4 months ago (HAR #55109654)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 15, 2023 | Sold | ||
| Sold | |||
| Mar 22, 2023 | Listed by Compass RE Texas, LLC | $2,300,000 | |
| Listed by Compass RE Texas, LLC | |||
| Feb 25, 2022 | Sold | ||
| Sold | |||
| Feb 6, 2022 | Listed by DLR Properties, Inc. | $2,100,000 | |
| Listed by DLR Properties, Inc. | |||
| | |||
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Queen Anne Victorian estate with over 3 acres of land in the exclusive Pecan Manor subdivision, it offers five bedrooms, six bathrooms, a study, massive game/media room, an updated chef's kitchen, custom pool, English garden, spacious gazebo, wrap-around porches, and a four-car garage with a private residence above. The home has recently been painted inside and out, has a fully functioning generator, new pool equipment, driveway gate, the list goes on… Residents of Pecan Manor can purchase access to a 45 + acre community ranch with riding trails. Conveniently located next to Riverstone in Sugarland which puts you minutes away to everything. LOWEST TAX RATE in the area.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Fort Bend
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Listed by: Clayton Katz, Compass RE Texas, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 55109654
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Last Updated: 4 months ago
Data Source: HAR , MLS# 55109654
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