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$298,900

303 Stablebrook Street, Magnolia, TX, 77354

$329,434 ARVInfo
On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,949 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.36 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Free-Standing Range, Gas Cooktop, Dishwasher, Oven
FlooringCarpet, Vinyl

Exterior

Lot Size7,735 sqft

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces2

Land Information

APN7122-08-00100
Lot Number1
SubdivisionMagnolia Ridge Forest 08
Land UseResidential
Legal DescriptionS712208 - MAGNOLIA RIDGE FOREST 08, BLOCK 1, LOT 1
Census Tract690300
Assessed Land Value$50,000
Assessed Improvement Value$255,389
Assessment Year2025

About this property

RARE FIND! 4-bedroom, 1-story home on a CORNER LOT with a private study! This Lennar "Clover" floor plan shows like a model home with more upgrades than new construction will offer. Totally pristine and fresh, this home gleams with great pride of ownership. Easy-to-care-for vinyl plank floors from the front door, through all the living area, kitchen and baths. Open floor plan provides excellent flow for entertaining. Serve a crowd on this oversized kitchen island. Quartz counters, 42" cabinets and stainless appliances. An abundance of windows with window coverings included allow for the perfect amount of natural light. Covered back porch, full gutters and a MASSIVE patio across the entire back of the home to extend your outdoor enjoyment. This home is warm, inviting and ready to welcome new owners. Excellent location in the growing town of Magnolia, just minutes from shopping and dining. Sprinklers and attached 2-car garage.

Investor Tools

$248,779Estimated Mortgage Balance
$58,221Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$329,434
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,842 /month
Positive
Cash Flow Estimate:
$614 /month

Interested in this property?

Renee Bollato

RE/MAX Elite Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$794/month
$575/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,997
$305,389
2025
$50,000
$255,389
$305,389
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,997
$305,389

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Conventional
$270,900
No
First
Feb 28, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,779
$58,221
18%
81%
$1,625/mo

City: Magnolia

303 Stablebrook Street | Property Details | No Agent List