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$305,000

41699 Sorrel Spring Ln, Magnolia, TX, 77354

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,636 Sq Ft
price_per_sqft$115.71 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

BankruptcyMust-SellDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Refrigerator Included, Freestanding Oven, Gas Oven, Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,034 sqft

Building Information

Year Built2022
Stories2
Roof Type105
Garage Spaces2

Land Information

APN7375-00-07300
Lot Number43
SubdivisionMustang Ridge 01
Land UseResidential
Legal DescriptionS737500 - MUSTANG RIDGE 01, BLOCK 3, LOT 43
Census Tract690300
Assessed Land Value$42,500
Assessed Improvement Value$322,011
Assessment Year2025

About this property

Beautifully constructed house in the new Mustang Ridge subdivision. OPEN concept includes: Kitchen with Island & sink, Living Room, and Dining area. From here you can see / access the front door, back door, Staircase, Office, and utility room. Large upstairs Game room. Four bedrooms (or three bedrooms and downstairs Office) 3-1/2 Baths. All new carpet, paint, LED lighting. All appliances and the home are all 3 years old. Quite neighborhood. A l

Investor Tools

$0Estimated Mortgage Balance
$364,511Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,187 /month
Positive
Cash Flow Estimate:
$729 /month

Interested in this property?

David Saalwaechter

Patrons Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$882/month
$630/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,761
$364,511
2025
$42,500
$322,011
$364,511
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,761
$364,511

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$364,511
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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41699 Sorrel Spring Ln | Property Details | No Agent List