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$1,595,000

624 High Meadow Ranch Drive, Magnolia, TX, 77355

On MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,233 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$376.8 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringWood

Exterior

Lot Size3 acres

Building Information

Year Built2015
Stories2
Roof Type104
Garage Spaces7

Land Information

APN0120-00-00318
SubdivisionCanfield Beckman
Land UseResidential
Legal DescriptionA0120 - CANFIELD BECKMAN, TRACT 3-LL 3L-1, ACRES 3
Census Tract690206
Assessed Land Value$247,500
Assessed Improvement Value$913,141
Assessment Year2025

About this property

Gorgeous spacious house located on 3.944 +/- acres. Complete with a 40x30 barn that is fully insulated, w/office & full bath, and has a 10ft & 8ft roll up doors. House features home office w/built-ins, large formal dining & butler's pantry, double crown molding, stunning travertine & wood floors throughout, beautiful light fixtures & unique ceilings. Family rm is open to the Kitchen. Island kitchen offers tons of custom cabinets, stainless steel appls., beautiful granite counters, Thermador Professional Commercial style cooktop & griddle.Thermador vent hood & microwave drawer. Inviting Wine grotto w/built-in wine storage & wine chiller! Primary bedroom offers tray ceiling, sitting area, & wall of windows. Primary bath features a clawfoot tub, walk in shower, & his & hers closets. Spacious utility room w/plenty of granite counters & cabinets. Large secondary bedrooms w/private baths. Oversized Game room upstairs. Epoxy garage floors. Water softener.

Investor Tools

$0Estimated Mortgage Balance
$1,579,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,570 /month
Positive
Cash Flow Estimate:
$3,190 /month

Interested in this property?

Ellisa Carswell

Carswell Real Estate Co. Inc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,950/month
$950/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,502
$1,160,641
2025
$247,500
$913,141
$1,160,641
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,502
$1,160,641

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,579,000
100%
0%
$0/mo

City: Magnolia