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$260,000

518 Broken Boulder Street, Magnolia, TX, 77354

$271,823 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,731 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.2 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,023 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces1

Land Information

APN7375-00-03600
Lot Number6
SubdivisionMustang Ridge 01
Land UseResidential
Legal DescriptionS737500 - MUSTANG RIDGE 01, BLOCK 3, LOT 6
Census Tract690300
Assessed Land Value$42,500
Assessed Improvement Value$233,767
Assessment Year2025

About this property

Single-story home in the Mustang Ridge community with convenient access to shopping, dining, schools, and major commuter routes. Features a functional floor plan with separate living and dining areas, a centrally located kitchen, and comfortable bedroom spaces. Neutral finishes throughout offer a great opportunity for updates and personalization. Spacious lot with room for outdoor enjoyment, gardening, or entertaining. Property is being sold as-is. Buyer to independently verify all information, including schools, taxes, HOA, square footage, and measurements. Great opportunity for investors or buyers looking for a value-add property.

Investor Tools

$231,733Estimated Mortgage Balance
$44,534Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$271,822
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,658 /month
Positive
Cash Flow Estimate:
$553 /month

Interested in this property?

Elena Pearson

Orchard Brokerage

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$634/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,228
$276,267
2025
$42,500
$233,767
$276,267
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,228
$276,267

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$236,438
Yes
First
May 24, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$231,733
$44,534
16%
84%
$1,498/mo

City: Magnolia