NOT LISTED FOR SALE

9901 Grosbeak Ln Magnolia, TX 77354

Estimated Value: $254,000 - $503,000

3 Beds
2 Baths
2,662 Sq Ft
$142/Sq Ft Est. Value

Last Sold November 20, 2023

Current estimated payment $2,298/month

12 Days on Market

Highlights

  • Under Construction
  • Granite Countertops
  • 1-Story Property
  • Magnolia Parkway Elementary School Rated A-
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of November 2023

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 decade. 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 $1895 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

Heather Sheppard

Signature Real Estate License #0752347 Listed on: 10/06/2023

Last Buyer's Agent

Shelley Cooley

eXp Realty LLC License #0675422

eXp Realty LLC

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
  • Vinyl Plank
  • Vinyl

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

  • Directions: From Hwy 249 Right on Hardin Store Rd then right on Dobbin Huffsmith Rd and finally right on Caraway Ln.
  • 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
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Plank, Tile, Vinyl
  • 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
Oct 6, 2023
Closed on
Nov 21, 2023
Sold by
Value Builders Inc
Bought by
Martinez Leonel E and Solis Marisela
Seller's Agent
Heather Sheppard
Signature Real Estate
Buyer's Agent
Shelley Cooley
eXp Realty LLC
List Price
$510,000
Views
6
Current Estimated Value
$377,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-15.50%
Original Mortgage
$500,762
Outstanding Balance
$492,976
Interest Rate
7.57%
Mortgage Type
FHA
Estimated Equity
-$117,628

Purchase Details

Listed on
Oct 6, 2023
Closed on
Nov 16, 2023
Sold by
Value Builders Inc
Bought by
Martinez Leonel E and Solis Marisela
Seller's Agent
Heather Sheppard
Signature Real Estate
Buyer's Agent
Shelley Cooley
eXp Realty LLC
List Price
$510,000
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,762
Outstanding Balance
$492,976
Interest Rate
7.57%
Mortgage Type
FHA
Estimated Equity
-$117,628
Source: Public Records

Range of Values:

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Average Value
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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
Martinez Leonel E -- Platinum Title
Martinez Leonel E -- Platinum Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Leonel E $500,762
Closed Martinez Leonel E $500,762
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Sold -- -- --
10/19/2023 10/19/23 Pending -- -- --
10/06/2023 10/06/23 For Sale $510,000 -- $192 / 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 $2,730 $247,858 $58,000 $189,858
2024 $2,730 $247,819 $58,000 $189,819
2023 $1,629 $58,000 $58,000 --
Source: Public Records

Agents Affiliated with this Home

  • Heather Sheppard

    Seller's Agent in 2023

    Heather Sheppard

    Signature Real Estate

    (713) 952-3200

    22 Total Sales

    Heather Sheppard
    Section Image
  • Shelley Cooley

    Buyer's Agent in 2023

    Shelley Cooley

    eXp Realty LLC

    (832) 419-6039

    181 Total Sales

    Shelley Cooley
    Section Image
See All Agents

Map

Source: Houston Association of REALTORS®

MLS Number: 18994460

Houston Association of REALTORS®

APN: 4590-02-04300

Texas Montgomery County Magnolia 77354

9901 Grosbeak Ln, Magnolia, TX

This home is located at 9901 Grosbeak Ln, Magnolia, TX 77354 since 06 October 2023 and is currently estimated at $377,715, approximately $141 per square foot. This property was built in 2022. 9901 Grosbeak Ln is a home located in Montgomery County with nearby schools including Magnolia Parkway Elementary School, Bear Branch Junior High School, and Magnolia High School.

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The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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