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$794,000

$799,000

30307 Rickett Ln, Magnolia, TX, 77355

On MarketInfo
Just AddedInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,440 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.36 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2

Exterior

Private PoolPrivate Pool
Lot Size1.03 acres

Building Information

Year Built1971
Stories1

Land Information

APN8685-01-00802
Lot Number8-C
SubdivisionShady Brook Acres Partn
Land UseResidential
Legal DescriptionS868501 - SHADY BROOK ACRES PARTN, LOT 8-C, SERIAL # 72191, LABEL # UNK, ACRES 1.03
Census Tract690204
Assessed Land Value$45,250
Assessed Improvement Value$78,092
Assessment Year2025

About this property

Rare opportunity featuring four separate parcels totaling in over 14 ACRES located in Magnolia, TX! 30307 Rickett Lane includes a mobile home, a barn, and an ag-exemption currently in place. NO HOA/UNRESTRICTED Whether you are looking for investment potential, room for livestock, multi-generational living, or future expansion possibilities, this property offers incredible flexibility and space. Seller may consider subdividing. Conveniently located off Old Hockley Road with easy access to Magnolia, Tomball, and surrounding areas while still offering privacy and room to spread out.

Investor Tools

$0Estimated Mortgage Balance
$164,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,764 /month
Positive
Cash Flow Estimate:
$1,588 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$69/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5
$49,562
2025
$45,250
$78,092
$123,342
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5
$49,562

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$164,000
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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30307 Rickett Ln | Property Details | No Agent List