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$278,000

NAL Estimated Property Value

111 S Ridge Park Drive, Magnolia, TX, 77354

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,959 Sq Ft
price_per_sqft$114.8 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Range, Gas Oven, Free-Standing Range
FlooringCarpet, Laminate, Tile, Wood

Exterior

Lot Size9,328 sqft

Building Information

Year Built2016
Stories1
Roof Type105
Garage Spaces2

Land Information

APN7121-05-06400
Lot Number64
SubdivisionMagnolia Ridge 05
Land UseResidential
Legal DescriptionS712105 - MAGNOLIA RIDGE 05, BLOCK 1, LOT 64
Census Tract690300
Assessed Land Value$39,644
Assessed Improvement Value$229,097
Assessment Year2025

About this property

This immaculate,almost new,1-story home with 3 beds and 2 baths is located in Magnolia ISD, and is the one for you! The interior looks almost new with neutral palette.There are new hardwoods in Formal Dining, new laminate wood flooring in the Family Room,entryway and hallways.New Carpet in small bedrooms.This kitchen boasts plenty of prep and entertainment space with lots of cabinets for storage, gorgeous granite with tiled back-splash. The spacious kitchen and Family Room create an opened floor plan w/ tall ceilings. The Master Suite includes large walk in closet, double sinks, lots of cabinet storage and linen closet. Enjoy your morning coffee on your over-sized covered back patio. The lot goes approximately 34' past the back fence that includes a private green belt area, no rear neighbors! Lush landscaping is easily maintained with a sprinkler system front and back! This quiet community is close to schools, shops and restaurants. This is a must see and will not last long!!

Investor Tools

Property Icon
$278,000
Estimated Property Value
$0Estimated Mortgage Balance
$278,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,668 /month
Positive
Cash Flow Estimate:
$556 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$515/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,793
$268,741
2025
$39,644
$229,097
$268,741
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,793
$268,741

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$278,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Magnolia

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111 S Ridge Park Drive | Property Details | No Agent List