$385,000
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3 Beds
2 Baths
2,224 SqFt
SOLD DATE : 08/03/2022
Key Details
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
Year Built 1999
Annual Tax Amount $5,677
Tax Year 2021
Lot Size 1.000 Acres
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
Area Magnolia/1488 West
Interior
Heating Central Gas
Cooling Central Electric, Zoned
Flooring Vinyl Plank
Exterior
Community Features Basketball, Exercise
Utilities Available Cable, Electric, Gas, Water
Roof Type Composition
Building
Lot Description Cleared, Corner, Wooded
Story 2
Lot Size Range 1 Up to 2 Acres
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
Restrictions Deed Restrictions
Tax ID 4035-04-08500
Energy Description Ceiling Fans,Digital Program Thermostat,Energy Star Appliances,HVAC>13 SEER
Acceptable Financing Cash Sale, Conventional, FHA, VA
Tax Rate 1.8587
Disclosures Sellers Disclosure
Listing Terms Cash Sale, Conventional, FHA, VA
Financing Cash Sale,Conventional,FHA,VA
Special Listing Condition Sellers Disclosure
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Bought with eXp Realty, LLC
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