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$887,000

NAL Estimated Property Value

28423 Sharon Louise, Magnolia, TX, 77355

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths3,290 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.57 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size3.54 acres

Building Information

Year Built1999
Stories2
Roof Type105
Garage Spaces3

Land Information

APN5799-05-02700
Lot Number16
SubdivisionHigh Meadow Ranch 05
Land UseResidential
Legal DescriptionHIGH MEADOW RANCH 05, BLOCK 2, LOT 16
Census Tract690205
Assessed Land Value$311,480
Assessed Improvement Value$362,834
Assessment Year2025

About this property

Beautiful 1.5 story home with 3.54 acre cul-de-sac property that provides privacy, wonderful views of wildlife, and plenty of room for outdoor fun. Enter the heavily wooded, fully gated property through an amazing scenic drive to the house. Huge screened in porch overlooks your large back deck and peaceful backyard. The entry foyer leads to your tremendous living room, kitchen and dining area. The laundry room area has lots of space and storage and opportunity for a mud room. The four bedrooms and study/flex room are all great sizes and designs. In addition to the large game room upstairs for kids or hobbies, there is additional walk in attic spaces that could be turned into rooms, as needed. The original owners have meticulously maintained the property. This is one of the most beautiful and tranquil properties! High Meadow has a great recreation center, pool, basketball courts, playgrounds, horse trails, etc. Welcome home to highly sought after High Meadow Ranch.

Investor Tools

Property Icon
$887,000
Estimated Property Value
$478,509Estimated Mortgage Balance
$408,491Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,322 /month
Positive
Cash Flow Estimate:
$1,774 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,176/month
$625/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,678
$674,314
2025
$311,480
$362,834
$674,314
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,678
$674,314

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aspire Bank
Conventional
$524,000
No
First
Oct 14, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$478,509
$380,491
44%
54%
$3,142/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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28423 Sharon Louise | Property Details | No Agent List