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$2,800,000

23707 Sanders Cemetery Road, Magnolia, TX, 77355

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,412 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1,160.86 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDisposal, Water Softener, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringVinyl

Exterior

Lot Size10.44 acres

Building Information

Garage Spaces2

Land Information

APN0005-00-01932
SubdivisionBrown Soloman
Land UseAgriculture / Farming
Legal DescriptionA0005 - BROWN SOLOMAN, TRACT 19-F, 19-G, ACRES 10.439
Census Tract690102
Assessed Land Value$365,365
Assessment Year2025

About this property

This property consists of 11.11 acres of AG-exempt unrestricted land featuring a two-story home with three bedrooms and two and a half bathrooms. The house has luxury vinyl plank flooring throughout and quartz countertops in the kitchen. The property operates on a well and septic system and has no (MUD) taxes. Additionally, the 80X100 foot barn is equipped with five horse stalls, a tack room, a workshop, and a wash rack, offering ample space for trailers, tractors, and other storage needs. The property includes a fully lit arena measuring 160 feet by 330 feet and a pond located at the front. The entire area is fully fenced with pipe fencing featuring two remotely controlled entry gates. Situated on a corner lot, this property has excellent potential for commercial development, with access to both Grand Pines Drive and Sanders Cemetery Road. DR Horton Grand Pines subdivision is directly across the street. Magnolia ISD has purchased land on Grand Pines to construct two new schools.

Investor Tools

$0Estimated Mortgage Balance
$4,445Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$16,800 /month
Positive
Cash Flow Estimate:
$5,600 /month

Interested in this property?

Katie Gaffigan

Segue Real Estate Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$8/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$68
$4,445
2025
$365,365
N/A
$4,445
No

Tax History

Year
Tax Paid
Assessed Value
2024
$68
$4,445

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$4,445
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.

Explore Texas Explore This Area
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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23707 Sanders Cemetery Road | Property Details | No Agent List