3 months on rocket

5405 Magnolia Pkwy, Pearland, TX, 77584

$635,000

Home List Price

$7,541*

Closing Credit

2 Full Baths
2,580 SqFt
$246/SqFt
House

Location

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5405 Magnolia Pkwy, Pearland$635,000

Buyer Closing Credits

$7,541*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage, Garage Door Opener
Year Built1968
HeatingCentral, Natural Gas
CoolingCentral Air, Electric
MLS #51328677
StatusActive

About 5405 Magnolia Pkwy

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.

Property Details

Property Features

Property Information:

  • Year Built: 1968
  • Stories: 1
  • Living Area: 2,580 SqFt

Listing Office:

  • Office Name: ABSOLUTE Realty Group Inc.
  • Office Phone: (832) 850-6541
  • Listing Agent: Kevin Duc Nguyen

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Flooring Type: Tile, Vinyl, Wood, Hardwood
  • Interior: Furnished, Fireplace, Granite Counters, Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Parking Information:

  • Parking: Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Cleared, Corner Lot

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: From W Belway St turn left on McLean then turn righ on Magnolia Pkwy.

Price Information

Listing Price Info

Price Summary:

  • List Price: $635,000
  • Price Per SqFt: $246/SqFt

Tax Information:

  • Annual Amount: $7,648
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Pearland, TX.

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Pearland, TX

City

Med. Sold Price

$373.4K

Med. Price/SqFt

$160

Avg. Days On Market

31

# of Sold Homes

112

5405 Magnolia Pkwy vs Pearland

93 DAYS ON ROCKET

+62 Days

$635,000

+$261.5K More

$246/SqFt

+$85 More

KEY TAKEAWAY

This property is $261.5K more than the Median Sold Price and $85/SqFt more than other homes in Pearland, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #51328677

Listing Office:

  • Office Name: ABSOLUTE Realty Group Inc.
  • Office Phone: (832) 850-6541
  • Listing Agent: Kevin Duc Nguyen

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/16/2024, 1:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$7,648$383,750
2019$9,577$358,300
2018$9,441$354,880
2017$9,487$351,360

History based on county public records data.

Payment Calculator

$3,237

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,970

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-40266
9
/10

  • Magnolia Elementary School

  • 5350 Magnolia Pkwy

  • 0.22 miles

  • Public District Grades PK-4

school-card-donut-40267
7
/10

  • H.C. Carleston Elementary School

  • 3010 Harkey Rd

  • 0.88 miles

  • Public District Grades PK-4

school-card-donut-40268
7
/10

  • Sam Jamison Middle School

  • 2506 Woody Rd

  • 1.10 miles

  • Public District Grades 5-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $105,515. The most common annual income of people living in Pearland, TX is between $100k-200k. Most families are married, with kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5405 Magnolia Pkwy

What is the listing price of this property?

The listing price of 5405 Magnolia Pkwy property is $635,000.

What type of property is this?

The property 5405 Magnolia Pkwy is a house located in Pearland, Texas, 77584.

Is this property for sale now?

Active Listing: 5405 Magnolia Pkwy is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,648 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5405 Magnolia Pkwy has 2 bathrooms..

What is the square footage of this property?

The property 5405 Magnolia Pkwy is 2,580 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5405 Magnolia Pkwy is 1968.

Rocket Homes›Texas›Brazoria County›Pearland›77584›5405 Magnolia Pkwy

This home is located at 5405 Magnolia Pkwy in Pearland, TX and zip code 77584. This 2,580 square foot home was built in 1968. Features: 2 bathrooms. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $635,000.

Pearland, TX housing market in October 2024 saw over 23 listings sold above listed price, more than 26 sold at listed price and over 63 sold below. In October 2024 in Pearland, TX there were 15.2% more homes for sale than in September 2024. In October 2024, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $373,466.

From Rocket Homes Real Estate and based on county public records data.

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