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$370,000

NAL Estimated Property Value

305 Ridgewood Dr, Magnolia, TX, 77355

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,353 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.25 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available

Exterior

Lot Size30,056 sqft

Building Information

Year Built1998
Stories2
Garage Spaces2

Land Information

APN636000-012-011-000
Lot Number11
SubdivisionOak Hollow
Land UseResidential
Legal DescriptionS636000 OAK HOLLOW BLK 12 LOT 11 ACRES .69
Census Tract680602
Assessed Land Value$26,220
Assessed Improvement Value$262,250
Assessment Year2025

About this property

Make this wooded lot what you want! You must make an appointment to walk this lot just as a courtesy please. The potential to build your dream idea here is endless here. Mobile homes allowed! Lot 9 only - already has it's own TAX ID. Convenient to the 1488 and Magnolia with tons of shopping and restaurants near by. Low Taxes!! Low HOA dues! Horses allowed! You can't beat this with the neighborhood offering POOL ACCESS, TENNIS COURT, MULTIPLE PONDS and A PAVILION! Build your dream home here!

Investor Tools

Property Icon
$370,000
Estimated Property Value
$10,901Estimated Mortgage Balance
$359,099Estimated Equity
97% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,220 /month
Positive
Cash Flow Estimate:
$740 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$299/month
$764/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,740
$288,470
2025
$26,220
$262,250
$288,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,740
$288,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Affordable Hsng Corp
Stand Alone Second / Subordinate Position
$11,046
No
First
Aug 26, 2025
Aug 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$10,901
$356,099
97%
3%
$67/mo

City: Magnolia

305 Ridgewood Dr | Property Details | No Agent List