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$775,000

28710 Sapphire Circle #1846 5-1846, Magnolia, TX, 77355

$825,876 ARVInfo
On MarketInfo
Just AddedInfo
Beds6 Beds
Baths6 Bath
Baths3,853 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$201.14 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Gas Oven, Trash Compactor, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Travertine, Vinyl

Exterior

Exterior FeaturesSide Yard
Lot Size4.09 acres

Building Information

Year Built1997
Stories2
Roof Type105
Garage Spaces2

Land Information

APN6146-04-01300
Lot Number8-9
SubdivisionIndigo Lake Estates
Land UseResidential Single Family
Legal DescriptionINDIGO LAKE ESTATES 04, BLOCK 2, LOT 8, 9
Census Tract690204
Assessed Land Value$224,675
Assessed Improvement Value$648,310
Assessment Year2025

About this property

Welcome home to this spacious all brick country retreat nestled on 4 beautiful acres and conveniently located near a scenic 160 acre lake. This thoughtfully updated home offers Sun tunnels and a skylight which brings in natural light while saving energy. 5/6 bedrooms, with a private bathroom for every bedroom, providing exceptional comfort and flexibility for family and guests. This spacious living areas feature soaring ceilings, a striking stone fireplace, updated flooring, bathrooms and low E windows. A bright sunroom offers a peaceful place to relax, while the dedicated home office provides the perfect workspace. Upstairs you will find a huge game room, ideal for game nights, movie nights, and entertaining. Step outside to enjoy the peaceful acreage. The backyard provides a protected space for gardening, allowing you to plant your favorite flowers without worry about the local wildlife enjoying them first!

Investor Tools

$0Estimated Mortgage Balance
$873,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$825,876
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,238 /month
Positive
Cash Flow Estimate:
$1,746 /month

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Mary Russo

United Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$767/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,833
$830,992
2025
$224,675
$648,310
$872,985
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,833
$830,992

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Heritage Bank
Credit Line (Revolving) / Heloc
$25,000
No
First
N/A
Jun 2009

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$873,000
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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28710 Sapphire Circle #1846 5-1846 | Property Details | No Agent List