Street View

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Owner Contacts

$1,255,000

37007 Red Rock, Magnolia, TX, 77355

Off Market

4 Beds

5 Bath

4,542 Sq Ft

Single Family Residence

$286.2 / sqft

Built in 2008

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator

FlooringCarpet, Wood

Exterior

Private Pool

Exterior FeaturesOutdoor Kitchen

Lot Size2.96 acres

Building Information

Year Built2007

Stories1

Roof Type105

Garage Spaces3

Land Information

APN5799-02-05000

Lot Number13

SubdivisionHigh Meadow Ranch 02

Land UseResidential

Legal DescriptionS579902 - HIGH MEADOW RANCH 02, BLOCK 3, LOT 13

Census Tract690206

Assessed Land Value$288,560

Assessed Improvement Value$788,456

Assessment Year2025

About this property

Approximately 2.96 acres in High Meadow Ranch Golf and Horse community! This beautiful home is 1 story and has oversized 3 car garage! It also has a 1500 sq ft Metal Shop with carport that is insulated, heated and has A/C (used for Cars). Whole house 30KW GENERATOR! Pool & outdoor kitchen! POND! 2 story vaulted ceilings with wood beams. 2 story stone fireplace! HUGE walk in pantry(15X8) w/ prep area+ both ref/freezer space! Pool Bath + guest bath! Walk up stairs to large attic! Recent roof- APPROX 2 YEARS! Solar powered gated entrance! large open kitchen & dining area! Great room is massive! Study/Trophy room has 14 ft ceilings & bar area! House is L shaped w/ covered porches all the way around the back. 2 full bedrooms & 2 full baths are Casita style bedrooms. Primary bedroom has an additional room that is exercise/ second office overlooking backyard! Gourmet Kitchen w/ 2 sinks, pass thru window to bar area on patio! Stainless appliance, dble oven &microwave! Huge breakfast bar!

Investor Tools

$1,255,000

Estimated Property Value

$565,000Estimated Mortgage Balance

$731,346Estimated Equity

55% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,799 /month

Positive

Cash Flow Estimate:

$2,600 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,678/month

$738/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$13,863

$1,077,016

2025

$288,560

$788,456

$1,077,016

Tax History

Year

Tax Paid

Assessed Value

2024

$13,863

$1,077,016

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Guaranteed Rate Inc

Conventional

$565,000

First

Jun 15, 2022

Jul 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$523,654

$718,346

57%

42%

$3,388/mo

Learn About the Market: Opportunity in Texas

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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.

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