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$226,281

$225,982

640 Appaloosa Meadow Drive, Magnolia, TX, 77354

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,360 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.38 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Building Information

Garage Spaces2

Land Information

APN7375-03-04200
Lot Number25
SubdivisionMustang Ridge 03
Land UseVac Res Single Fam-In City, < 5 Acres
Legal DescriptionS737503 - MUSTANG RIDGE 03, BLOCK 2, LOT 25
Census Tract690300
Assessed Land Value$4,250
Assessment Year2024

About this property

KB HOME UNDER CONSTRUCTION - Welcome home to 640 Appaloosa Meadow Drive located in Mustang Ridge and zoned to Magnolia ISD! This beautiful home features 3 bedrooms, 2 full baths, and an attached 2-car garage blending comfort with contemporary style. The chef-inspired kitchen showcases stainless steel Whirlpool appliances, granite countertops, opening seamlessly into the main living area for easy entertaining. The private primary suite features dual vanities, and an oversized tub/shower combination with tile surround. The 30" vanity in the secondary bath provides additional functionality and space. Additional highlights include 2" faux wood blinds, front gutters, and an extended patio slab - ideal for relaxing or entertaining outdoors. Don’t miss your opportunity to own this stunning new construction home—schedule your private showing today!

Investor Tools

Property Icon
$342,000
Estimated Property Value
$0Estimated Mortgage Balance
$342,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,052 /month
Positive
Cash Flow Estimate:
$684 /month

Interested in this property?

Nicole Freer

KB Home Houston

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$153/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$121
$4,250
2024
$4,250
N/A
$4,250
No

Tax History

Year
Tax Paid
Assessed Value
2024
$121
$4,250

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$342,000
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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640 Appaloosa Meadow Drive | Property Details | No Agent List