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$784,500

40307 Pipestone Rd, Magnolia, TX, 77354

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,750 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$285.27 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Dryer, Refrigerator, Washer, Water Purifier, Cooktop
FlooringVinyl, Wood

Exterior

Private PoolPrivate Pool
Lot Size2.06 acres

Building Information

Year Built1995
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3410-00-06300
Lot Number62-63
SubdivisionCimarron Country
Land UseResidential
Legal DescriptionCIMARRON COUNTRY, LOT 62,63, ACRES 2.060
Census Tract690404
Assessed Land Value$248,720
Assessed Improvement Value$497,302
Assessment Year2025

About this property

Resort-style living meets peaceful country charm on 2 private wooded acres in Cimarron Country! This immaculate, freshly painted home blends luxury, comfort & unforgettable entertaining. The open-concept kitchen with oversized island flows into the spacious family room with fireplace, while the media/game room is ready for movie nights & fun. Escape to the serene primary suite with a soaking tub & walk-in shower. Outside, enjoy your own resort with a sparkling pool, slide, hot tub, fire pit, and mature trees. Room for your RV, horses, workshop, chickens & all the toys that make Texas living unforgettable! Features include enclosed 35' RV STORAGE, workshops, WHOLE-HOUSE GENERATOR, new aerobic system, minimal HOA, NO MUD, low tax rate, HORSES WELCOME all in the sought-after Magnolia ISD, zoned to NEW Magnolia Parkway Intermediate & Magnolia Parkway Junior High. Peaceful country living just minutes from shopping, dining, and everyday conveniences. Homes like this don't come along often!

Investor Tools

$278,712Estimated Mortgage Balance
$522,863Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,806 /month
Positive
Cash Flow Estimate:
$1,602 /month

Interested in this property?

Becky Bible

Baker Realty Solutions LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,055/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,651
$710,064
2025
$248,720
$497,302
$746,022
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,651
$710,064

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens Bank Na
Conventional
$315,000
No
First
Aug 3, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,712
$537,288
65%
35%
$1,889/mo

City: Magnolia