NOT LISTED FOR SALE

9749 Grosbeak Ln Magnolia, TX 77354

Estimated Value: $235,594 - $477,000

3 Beds
2 Baths
2,662 Sq Ft
$123/Sq Ft Est. Value

Last Sold May 20, 2022

Current estimated payment $2,106/month

8 Days on Market

Highlights

  • Under Construction
  • Granite Countertops
  • 1-Story Property
  • Cedric C Smith Rated A-
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of May 2022

Cashflow Positive Class-A new construction luxury attached townhome community in growing market just 3 miles west of the Woodlands sold as duplexes. Fantastic location where residents can enjoy world class retail, dining and hospitals in the Woodlands within a short drive. Magnolia has experienced 50% population growth in the last 10 years. Children attend Magnolia ISD schools. Each unit offers 3 bedrooms, 2 baths & 2 car garage with fenced in back yard for pets and privacy & covered back patios. Identical units renting for $1850 per month . Large living rooms & island kitchens, stainless appliances, granite counters, tile backsplash, brushed nickel pendant light & fixtures, cultured marble square vanity sinks, Walk-in Tile Shower in Primary Bath, Wood-look LVT Vinyl Plankboard Floor. Sod in yards with included sprinkler systems. Easy commute to major area employers. Wealth of opportunities to relax & play nearby. Professional property management in place at a favorable rate.

Last Agent to Sell the Property

Erion Shehaj

Signature Real Estate License #0516948 Listed on: 03/22/2022

Last Buyer's Agent

Bian Hu

KingFay Inc License #0632131

KingFay Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,077

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 7,800 Sq Ft Lot
  • Lot Dimensions are 65x120

HOA Fees

  • $58 Monthly HOA Fees

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,662 Sq Ft Home
  • 1-Story Property

Kitchen

  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Cedric C. Smith Elementary School
  • Bear Branch Junior High School
  • Magnolia High School

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include ground maintenance
  • 2 Units
  • Enclave At Dobbin Association
  • Built by Value Builders
  • Enclave At Dobbin Subdivision

Building Details

  • Operating Expense $19,175
  • Gross Income $44,400
  • Net Operating Income $23,893

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,077

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Year Built: 2022
  • Lot Size: 65x120
  • Subdivision Name: Enclave at Dobbin
  • Unit Levels: One
  • New Construction: Yes
  • Property Sub Type Additional: Duplex
  • UniversalParcelId: urn:reso:upi:2.0:US:48339:NA
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Interior Amenities: Granite Counters
  • Living Area: 2662.0
  • ResoLivingAreaSource: Builder

Exterior Features

  • Builder Name: Value Builders
  • Disclosures: None
  • Roof: Composition
  • Property Condition: Under Construction

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 700.0
  • Association Fee Frequency: Annually
  • Association Name: Enclave at Dobbin

Fee Information

  • Association Fee Includes: Maintenance Grounds, Other

Schools

  • Elementary School: CEDRIC C. SMITH ELEMENTARY SCHOOL
  • Junior High Dist: 36 - Magnolia
  • High School: MAGNOLIA HIGH SCHOOL
  • Middle Or Junior School: BEAR BRANCH JUNIOR HIGH SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 13077.0

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 44400.0
  • Property Net Operating Income: 23893.0
  • Annual Operating Expense: 19175.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
May 20, 2022
Sold by
Wei
Bought by
Value Builders Inc
Seller's Agent
Erion Shehaj
Signature Real Estate
Buyer's Agent
Bian Hu
KingFay Inc
List Price
$499,900
Current Estimated Value
$328,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.27%
Original Mortgage
$365,625
Outstanding Balance
$347,491
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
-$19,342

Purchase Details

Listed on
Mar 22, 2022
Closed on
May 16, 2022
Sold by
Wei
Bought by
Value Builders Inc
Seller's Agent
Erion Shehaj
Signature Real Estate
Buyer's Agent
Bian Hu
KingFay Inc
List Price
$499,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,625
Outstanding Balance
$347,491
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
-$19,342
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Value Builders Inc -- Riverway Title Company
Value Builders Inc -- Riverway Title Company
Wei -- Riverway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wei $365,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2022 05/20/22 Sold -- -- --
03/30/2022 03/30/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $499,900 -- $188 / Sq Ft
Source: Houston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,923 $247,858 $58,000 $189,858
2024 $6,753 $247,819 $58,000 $189,819
2023 $6,753 $240,420 $58,000 $182,420
2022 $6,219 $206,300 $58,000 $148,300
2021 $902 $29,000 $29,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Erion Shehaj

    Seller's Agent in 2022

    Erion Shehaj

    Signature Real Estate

    (713) 952-3200

    173 Total Sales

    Erion Shehaj
    Section Image
  • Bian Hu

    Buyer's Agent in 2022

    Bian Hu

    KingFay Inc

    (832) 798-4801

    131 Total Sales

    Bian Hu
    Section Image
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Map

Source: Houston Association of REALTORS®

MLS Number: 28363677

Houston Association of REALTORS®

APN: 4590-00-02300

Texas Montgomery County Magnolia 77354

9749 Grosbeak Ln, Magnolia, TX

Not Listed for Sale

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