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17818 Butera RD Magnolia, TX 77355
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Key Details
Sold Price $389,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,224 sqft
Price per Sqft $174
Subdivision Dogwood Hills 04
MLS Listing ID 92729254
Sold Date 08/03/22
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1999
Annual Tax Amount $5,677
Tax Year 2021
Property Sub-Type Triplex
Property Description
Residential build out constructed in 2018. Three unit barndominium which can be owner occupied. Units are 1 bedroom/one bath, 2 bedrooms/1 bath, and 3bedrooms/2 baths.
Property is an attractive one acre corner lot with shady trees and a pro style sports court with high end concrete mounted basketball goal.
The units appear to be well designed. Two units are long term leased, and the smaller unit is month to month. According to owner, there have been no vacancies in any of the units since construction. Current monthly combined rents are $3,300.
Great Airbnb potential with many wedding venues, and Renaissance festival in area - no hotels within miles makes this a great alternative investment opportunity. Owners has previous Airbnb experience and believes full conversion to Airbnb will likely increase monthly revenue to 6K per month.
Open house scheduled on Saturday June 18th from 12:30 pm - 4:00 pm.
Location
State TX
County Montgomery
Community Basketball Court, Fitness
Area Magnolia/1488 West
Interior
Interior Features Ceiling Fan(s), Programmable Thermostat
Heating Central, Gas
Cooling Central Air, Electric, Zoned
Flooring Plank, Vinyl
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Refrigerator, ENERGY STAR Qualified Appliances
Exterior
Community Features Basketball Court, Fitness
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Water Available
Roof Type Composition
Building
Lot Description Cleared, Corner Lot, Wooded
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Schools
Elementary Schools Nichols Sawmill Elementary School
Middle Schools Magnolia Junior High School
High Schools Magnolia West High School
School District 36 - Magnolia
Others
Tax ID 4035-04-08500
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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Bought with eXp Realty, LLC
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