Houston Properties

5405 Magnolia Parkway, Houston, Texas 77584

$635,000

 
Paige Martin
713-425-4194
pmartin@houstonproperties.com
Real Estate Broker
Keller Williams Memorial

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About 5405 Magnolia Parkway

What an Excellent Investment opportunity !!! PRICE UNDER MARKET VALUE! UNRESTRICTED !!! beautiful POOL *** great income producing of the busy street of PEARLAND,29,926 sf. land with 3 houses: Guest house:1 bed, 1 bath, 498 sf, rent: $1,025/month *** Guest house 2: 2 beds, 1 bath,1,549 sf, rent $1,425/month *** Main House 3bed, 2 baths, AirBNB average $3,178/month, very consistent.*** there are more space to for RV, NEVER FLOOD, Security system installed externally, Wifi thermostate control the Guest house unite to ensure tenant not over use the setting,Common Laundry Facility shared and accessible to each tenant, Each tenant has their own entrance, City water and sewage but a Wells available for pool and gardening purpose, plenty and assigned parking space, upgraded circuit box for generator usage .7 miles form Hwy 288, minutes for FM 518, surround by many amenities, HEB Grocery, restaurant, shopping center, great school, the area is one of the fastest growing city.

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Highlights

General Description

  • Listing Price $635,000
  • City Houston
  • Zip Code 77584
  • Subdivision Ryan Acres Pearland
  • Listing Status Active
  • Baths 2 Full Bath(s)
  • Stories 1
  • Year Built 1968 / Appraisal District
  • Lot Size 29,926 / Appraisal District
  • MLS # 51328677 (HAR)
  • Days on Market 83 days
  • Total Days on Market 83 days
  • List Price / Sq Ft $246.12
  • Address 5405 Magnolia Parkway
  • State Texas
  • County Harris
  • Property Type Multi-Family
  • Bedrooms 0
  • Garage 0
  • Building Sq Ft 2,580
  • Market Area Pearland Area
  • Key Map 614V
  • Area 5

Taxes & Fees

  • Tax ID73800011000
  • Tax Rate2.2214%
  • Taxes w/o Exemption/Yr$10,263 / 2023
  • Maint FeeNo

Click here to read more about taxes & exemptions

Room/Lot Size

Interior Features

  • FireplaceNo
  • Floors Tile, Vinyl, Wood
  • CountertopGRANITE
  • Heating Central Gas
  • Cooling Central Electric
  • DishwasherYes
  • RangeYes
  • DisposalYes
  • MicrowaveYes
  • Energy Feature Ceiling Fans
  • LoftMaybe

Exterior Features

  • Roof Composition
  • Private PoolMaybe
  • Area PoolMaybe
  • Lot Description Cleared, Corner
  • New ConstructionNo
  • Front Door South
  • Listing Firm

Schools (PEARLA - 42 - Pearland)

Name Grade Great School Ranking Performance Index Distinction Designations
Magnolia Elem (Pearland) Elementary 9 of 10 4 of 4 2 of 7
Jamison/Pearland J H South Middle 7 of 10 4 of 4 5 of 7
Pearland High High 7 of 10 4 of 4 0 of 7

Read more about Houston's Top Schools

School information is generated by the most current available data we have. However, as school boundary maps can change, and schools can get too crowded (whereby students zoned to a school may not be able to attend in a given year if they are not registered in time), you need to independently verify and confirm enrollment and all related information directly with the school.

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Paige Martin
713-425-4194
pmartin@houstonproperties.com
Real Estate Broker
Keller Williams Memorial

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