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$279,000

611 Spring Ashberry Ct, Magnolia, TX, 77354

$288,924 ARVInfo
On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,952 Sq Ft
price_per_sqft$142.93 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Freestanding Oven, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Laminate

Exterior

Exterior FeaturesSprinkler System

Building Information

Year Built2023
Stories1
Roof Type105
Garage Spaces2

Land Information

APN7122-17-02200
Lot Number22
SubdivisionMagnolia Ridge Forest 17
Land UseResidential Single Family
Legal DescriptionS712217 - MAGNOLIA RIDGE FOREST 17, BLOCK 1, LOT 22
Census Tract690300
Assessed Land Value$50,000
Assessed Improvement Value$254,223
Assessment Year2025

About this property

Seller returning to school & must sale, make it your gain buying equity from the start!! Adjusted pricing lower then other 4 bedrooms, the best looking brick & stone elevation, and better than new w/valuable upgrades already in place, including 2" blinds throughout, no carpet in primary bedroom, and full yard sprinkler systems... saving you thousands directly in your pocket!! This home has the upgrades & valuable extras already in place that buyers would still need to add, at a price that's hard to beat! Thoughtfully designed for everyday living, you'll love the practical layout, beautiful open spaces & abundance of natural light. The spacious primary suite features two walk-in closets, including one with direct access to the laundry room, a convenient feature buyers absolutely love!! Additionally, it is situated away from the other three bedrooms, offering the perfect retreat & privacy. Beautiful, functional, well maintained and priced to sell, this home is ready for you from day one!

Investor Tools

$258,416Estimated Mortgage Balance
$45,807Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$288,923
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,825 /month
Positive
Cash Flow Estimate:
$608 /month

Interested in this property?

Nathalie Sweeney

Century 21 Olympian Area Specialists

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$272/month
$575/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,743
$304,223
2025
$50,000
$254,223
$304,223
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,743
$304,223

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Conventional
$265,500
No
First
Jan 17, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,416
$45,807
15%
85%
$1,592/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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611 Spring Ashberry Ct | Property Details | No Agent List