$700,000
$795,000
11.9%For more information regarding the value of a property, please contact us for a free consultation.
9 Beds
5 Baths
5,490 SqFt
SOLD DATE : 07/18/2025
Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,490 sqft
Price per Sqft $127
Subdivision Felro Trail
MLS Listing ID 37419025
Sold Date 07/18/25
Style Fourplex
Bedrooms 9
Full Baths 5
HOA Fees $85/mo
HOA Y/N No
Year Built 2021
Annual Tax Amount $16,938
Tax Year 2024
Property Sub-Type Quadruplex
Property Description
Nestled in the heart of Fresno, Texas, within Fort Bend County, the Magnolia Place subdivision offers a blend of charm and modern country living. This community at 1.65 Acres features single-family homes and additional land for redevelopment. Prime investment opportunity, It includes 4 income producing homes that are rented out with long term tenants. Available land space is clear out and ready for new built construction or commercial use.
Magnolia Place's prime location ensures residents have easy access to major highways like Hwy 521 and the Fort Bend Tollway, facilitating convenient commutes to Houston, Pearland, Sugar Land, and Missouri City. The area is experiencing significant development, making it an attractive option for both homebuyers and investors.
Location
State TX
County Fort Bend
Area 38
Interior
Heating Central, Electric
Cooling Central Air, Electric
Fireplace No
Appliance Dishwasher, Disposal, Microwave
Exterior
Roof Type Composition
Building
Lot Description Cleared
Entry Level One
Architectural Style Fourplex
Level or Stories One
New Construction No
Schools
Elementary Schools Goodman Elementary School (Fort Bend)
Middle Schools Lake Olympia Middle School
High Schools Hightower High School
School District 19 - Fort Bend
Others
HOA Fee Include Maintenance Grounds,Other
Tax ID 2966-00-001-0070-907
Acceptable Financing Cash, Conventional, FHA, Investor Financing, VA Loan
Listing Terms Cash, Conventional, FHA, Investor Financing, VA Loan
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