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$416,000

NAL Estimated Property Value

27232 Cyrus Ridge Ln, Magnolia, TX, 77354

SoldInfo
7/02/26
Beds3 Beds
Baths2 Bath
Baths2,010 Sq Ft
price_per_sqft$208.91 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesBack Green Space, Sprinkler System
Lot Size7,515 sqft

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces2

Land Information

APN7402-08-09400
Lot Number25
SubdivisionNorthgrove 08
Land UseResidential
Legal DescriptionS740208 - NORTHGROVE 08, BLOCK 4, LOT 25
Census Tract690603
Assessed Land Value$93,500
Assessed Improvement Value$256,500
Assessment Year2025

About this property

Charming one-story home in the highly sought-after master planned community of NorthGrove! This 3-bedroom, 2-bath home offers spectacular curb appeal and a functional open-concept layout. Beautiful wood-like tile flooring flows throughout the main living areas with carpet only in the bedrooms. The kitchen features quartz countertops, stainless steel appliances, recessed lighting, & under cabinet lighting. The spacious living room includes a stunning stone gas log fireplace and is wired for surround sound. The formal dining room is currently being used as a study, offering flexible space to fit your needs. Relax in the spacious primary suite with the bathroom featuring double sinks, a garden tub, separate walk-in shower, and a walk-in closet. Enjoy peaceful outdoor living on the covered back patio complete with an exterior gas line and no rear neighbors as the home backs to a greenbelt. This is a must see home located in the amenity-rich community of NorthGrove.

Investor Tools

Property Icon
$416,000
Estimated Property Value
$207,686Estimated Mortgage Balance
$208,314Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,519 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$886/month
$1,450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,547
$350,000
2025
$93,500
$256,500
$350,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,547
$350,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Clm Mortgage Llc
Unknown
$245,166
No
First
Nov 13, 2018
Dec 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,686
$208,314
50%
50%
$1,470/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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