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$1,369,000

NAL Estimated Property Value

30016 Meadowsweet Drive, Magnolia, TX, 77355

Off MarketInfo
Beds5 Beds
Baths8 Bath
Baths5,833 Sq Ft
price_per_sqft$1,028.63 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator, Cooktop
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size1.50 acres

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces5

Land Information

APN0234-00-00121
SubdivisionGoheen D M
Land UseResidential
Legal DescriptionA0234 - GOHEEN D M, TRACT 1C-1, ACRES 1.5
Census Tract690101
Assessed Land Value$90,000
Assessed Improvement Value$954,367
Assessment Year2025

About this property

A once in a generation opportunity to buy the exclusive Timber Ridge Farms owned by internationally renowned horse trainer. The family has owned the farm for over 30 years with continued enhancements that include 32 horse stalls, over 20 paddocks, a covered 125 x 200 sq fr riding arena, 2 grass riding rings, and a 6 horse European walker/ exerciser gym. All of this sits on 56 acres with over 700 oak trees that are individually irrigated. Imagine yourself driving down a tree line drive to your own personal oasis where you are greeted with a 5883sq.ft home that overlooks 3 ponds stocked with multiple varieties of fish that include bass, cat and coy fish. It has its own history with all lumber being harvested from the property. Directly behind the home is a beautiful pool accompanied with an outdoor kitchen complete with gas grill, warming tray, pizza oven, green egg, ice maker and fire pit. Property also has multiple duplexes.

Investor Tools

Property Icon
$1,369,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,369,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$36,000 /month
Positive
Cash Flow Estimate:
$12,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,468/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,769
$902,000
2025
$90,000
$954,367
$1,044,367
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,769
$902,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,369,000
100%
0%
$0/mo

City: Magnolia

30016 Meadowsweet Drive | Property Details | No Agent List