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$295,296

NAL Estimated Property Value

124 Southern Red Oak Lane, Magnolia, TX, 77354

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths2 Bath
Baths1,861 Sq Ft
price_per_sqft$1.18 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size7,974 sqft

Building Information

Year Built2023
Stories1
Roof Type105
Garage Spaces1

Land Information

APN7122-16-04900
Lot Number5
SubdivisionMagnolia Ridge Forest 16
Land UseVacant Land
Legal DescriptionS712216 - MAGNOLIA RIDGE FOREST 16, BLOCK 4, LOT 5
Census Tract690300
Assessed Land Value$50,000
Assessed Improvement Value$245,296
Assessment Year2025

About this property

Welcome to 124 Southern Red Oak Lane, nestled in the peaceful community of Magnolia, TX. This beautifully maintained 4-bedroom, 2-bathroom single-story home offers the perfect blend of comfort, style, and convenience. Step inside to find an open-concept floor plan with abundant natural light, high ceilings, and modern finishes throughout. The spacious living area flows seamlessly into the dining space and kitchen, which is equipped with stainless steel appliances, granite countertops, and ample cabinet space—perfect for everyday living and entertaining. The primary suite features a walk-in closet and a private en-suite bathroom with dual vanities and a walk-in shower. Three additional bedrooms provide plenty of space for family, guests, or a home office. Enjoy the fully fenced backyard, ideal for weekend BBQs, pets, or relaxing after a long day. Located in a quiet, family-friendly neighborhood with easy access to FM1488, The Woodlands, schools, shopping & dining. Zoned to Magnolia ISD.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$175/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$628
$295,296
2025
$50,000
$245,296
$295,296
No

Tax History

Year
Tax Paid
Assessed Value
2023
$628
$295,296

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Va
$310,000
Yes
First
May 19, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$292,443
$2,853
0%
99%
$1,859/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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124 Southern Red Oak Lane | Property Details | No Agent List