Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$328,620

NAL Estimated Property Value

241 Ridgewood Dr, Magnolia, TX, 77355

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,418 Sq Ft
price_per_sqft$218.55 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Dishwasher
FlooringVinyl

Exterior

Lot Size30,056 sqft

Building Information

Year Built2003
Stories1
Garage Spaces1

Land Information

APN636000-007-032-000
Lot Number32
SubdivisionOak Hollow
Land UseResidential
Legal DescriptionS636000 OAK HOLLOW BLK 7 LOT 32 ACRES .69
Census Tract680602
Assessed Land Value$86,250
Assessed Improvement Value$242,370
Assessment Year2025

About this property

Pride of ownership welcomes you home into this charming 3/2/2 situated on a .69 acre homesite with mature trees & fenced backyard. Updates include recently painted inside & out, remodeled with new interior doors, new vinyl plank flooring throughout, custom shelving in secondary bedrooms, utility room & custom new walk-in pantry. AC was replaced - inside unit summer 2020, outside unit July 2018. Water heater replaced January 2022. The fenced backyard offers back patio, covered storage area/carport (which could be walled in for a workshop or barn), walk-thru and drive-thru side gates & garden area. The secured backyard is ready for your kids, pets & outdoor enjoyment. Located off FM 1488, minutes out of the west side of Magnolia, this neighborhood offers a great country setting. Amenities include community pool, tennis court, recreation area, playground, park and recreation area and fishing lakes. Make your move to the country without giving up easy access to the Aggie Expressway/SH249.

Investor Tools

Property Icon
$328,620
Estimated Property Value
$293,659Estimated Mortgage Balance
$34,961Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,972 /month
Positive
Cash Flow Estimate:
$657 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$301/month
$165/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,972
$328,620
2025
$86,250
$242,370
$328,620
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,972
$328,620

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Fha
$306,097
Yes
First
Feb 27, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$293,659
$34,961
10%
89%
$1,836/mo

City: Magnolia

241 Ridgewood Dr | Property Details | No Agent List