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17818 Butera Road

Magnolia, TX 77355
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Sold
Sold
$370,001 - $420,000
Sold on August 03, 2022
2,224 Sqft.
43,560 Lot Sqft
Multi-Family - Triplex

Home Value Comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables
AVM Value
$387K
AVM Value
$386K
AVM Value
$398K
AVM Value
$305K
Value Range
$344K - $430K
Value Range
$356K - $415K
Value Range
$366K - $434K
Value Range
$ 305,440
Confidence Score
89%

Margin of Error*: 11%
Confidence Score
83%

Margin of Error*: 8%
Confidence Score
NA
Confidence Score
NA
Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to their Terms of Use and a provided as-is, as-available. What's a Zestimate?
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General 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.

MLS#
92729254
Sold Price Range
$370,001 - $420,000
Listing Status
Sold
Address
17818 Butera Road
City
State
TX
Zip Code
Legal Description
DOGWOOD HILLS 04, BLOCK 3, LOT 3, ACRES 1.000
Property Type
Multi-Family - Triplex
Stories
2
Year Built
1999 / Appraisal District
Building Size
2,224 Sqft/Appraisal District
Lot Size
43,560 Sqft./Appraisal District
Key Map©
246N
Market Area

Property Details For
17818 Butera Road

Exterior Features

Roof
Composition
Lot Description
Cleared,Corner,Wooded
Parking Unit
Two
Unit Location
Cleared,Corner,Wooded

Financial Information

Financing Considered
Cash Sale,Conventional,FHA,VA
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$5,677/2021
Tax Rate
1.8587

Additional Information

List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
3%
Sub Agent Compensation*
1%

*Disclaimer: Listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Interior Features

Floors
Vinyl Plank
Cooling
Central Electric,Zoned
Heating
Central Gas
Compactor
No
Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Energy Feature
Ceiling Fans,Digital Program Thermostat,Energy Star Appliances,HVAC>13 SEER

Lot Information

Lot Size
43,560 Sqft./Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Source

Houston Association of REALTORS
Source last updated Dec 07, 2022 at 06:36 AM
Listing last updated Aug 08, 2022 at 10:56 AM

Estimated Electricity Costs

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Property Tax

Cost/Sqft Based on Tax Value

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Estimated Mortgage Tax

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned Schools

Nearby Schools

Subdivision Facts

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Market Update Video

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Listing Traffic Report

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17818 Butera Road is a property in Magnolia, TX 77355. View photos, map, tax, nearby homes for sale, home values, school info...

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Copyright© 2022 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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