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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.
*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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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.
17818 Butera Road, Magnolia, TX 77355. View photos, map, tax, nearby homes for sale, home values, school info...
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