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Nicholas Chambers

nick.chambers@engelvoelkers.com +1(713) 677-9201

$ 635,000

Est. payment -/mo

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Active

5405 Magnolia Pkwy Pearland, TX 77584

2 Baths

2,580 SqFt

UPDATED:

09/02/2024 04:53 PM

Key Details

Property Type Multi-Family

Sub Type Multiple Detached Dwellings

Listing Status Active

Purchase Type For Sale

Square Footage 2,580 sqft

Price per Sqft $246

Subdivision Ryan Acres Pearland

MLS Listing ID 51328677

Full Baths 2

Year Built 1968

Annual Tax Amount $10,263

Tax Year 2023

Lot Size 0.687 Acres

Property Description

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.

Location

State TX

County Brazoria

Area Pearland

Interior

Heating Central Gas

Cooling Central Electric

Flooring Tile, Vinyl, Wood

Exterior

Utilities Available Electric, Gas, Water

Roof Type Composition

Parking Type Auto Garage Door Opener, Off Site Parking

Building

Lot Description Cleared, Corner

Faces South

Story 1

Unit Features Fenced Area,Fireplace,Furnished,Hardwood Floors,Patio,Window Coverings

New Construction No

Schools

Elementary Schools Magnolia Elementary School (Pearland)

Middle Schools Pearland Junior High South

High Schools Pearland High School

School District 42 - Pearland

Others

Senior Community No

Restrictions None

Tax ID 7380-0011-000

Energy Description Ceiling Fans

Tax Rate 2.2214

Disclosures Sellers Disclosure

Special Listing Condition Sellers Disclosure

Houston Association of Realtors (HAR MLS)

Listed by ABSOLUTE Realty Group Inc.

Nicholas Chambers

Global Real Estate Advisor & Territory Manager | License ID: 600030

+1(713) 677-9201

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