Leased Townhome Duplex
For Sale
$515,000
9797-9801 Grosbeak Ln, Magnolia, TX 77354
Duplexes in a professionally managed, 100% leased townhome community in Magnolia ISD.
Days on Market83
Property Features for 9797-9801 Grosbeak Ln
General Information
Standard status
Active
Property subtype
Investment
Occupancy
100%
Additional Details
Fenced Yard
Yes
Amenities
fenced backyard
covered patio
sprinkler systems
sod in all yards
Building Details
Year Built
2022
Listing Agency:
(936) 446-9211
Listed By:
Hayley Millsaps
(936) 446-9211
Source:
Elliman
Added: May 9
Changed: Jul 22
Last Checked: Jul 30 at 7:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hayley Millsaps
Investment Insights
Based on property information with market context.
This property is a townhome community sold as duplex units, presented as a turnkey investment opportunity with professional property management already in place at a favorable rate. The community is described as 100% leased, with each unit featuring three bedrooms and two bathrooms, a two-car garage, and a fenced backyard with a covered patio. Interiors include island kitchens with stainless appliances and granite countertops, wood-look LVT flooring, and primary baths with walk-in tile showers. Exterior improvements include sprinkler systems and sod in all yards.
The property is located in Magnolia ISD, in the Magnolia market. The remarks also note convenient proximity to retail, dining, and medical facilities, and provide commuting emphasis to major employers, along with the area’s recreation options.
Based on the provided information, this offering is designed for investors seeking leased duplex townhome units with established onsite presentation and management support.
The property is located in Magnolia ISD, in the Magnolia market. The remarks also note convenient proximity to retail, dining, and medical facilities, and provide commuting emphasis to major employers, along with the area’s recreation options.
Based on the provided information, this offering is designed for investors seeking leased duplex townhome units with established onsite presentation and management support.
Key Highlights
- 100% leased luxury townhome community with duplexs, professionally managed
- Year built 2022; each unit offers 3 bedrooms, 2 baths, and a 2‑car garage
- Fenced backyard with a covered patio included for each unit
Property Analytics
Current Use
Lease Details
100%
Occupancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Explore this area
Business Placement
Demographics for 77354, TX
40,625
Population
15,747
Households
2.6
Avg Household Size
38
Median Age
42%
College-Educated
93%
High-School Grad
74.2 sq mi
ZIP Area
548
Density / Sq Mi
$112,093
Median Household Income
$58,832
Median Earnings
$1,850
Median Rent
$379,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Duplexes in a professionally managed, 100% leased townhome community in Magnolia ISD.
Where is this duplex located?
The property is located at 9797-9801 Grosbeak Ln Magnolia, TX.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: 100% leased luxury townhome community with duplexs, professionally managed; Year built 2022; each unit offers 3 bedrooms, 2 baths, and a 2‑car garage; Fenced backyard with a covered patio included for each unit
