42Days on Market

1view

$257,995

$254,564

827 Mustang Ridge Terrace, Magnolia, TX, 77354

On Market

Price Drop

3 Beds

2 Bath

1,889 Sq Ft

Single Family Residence

$136.58 / sqft

Built in 2026

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms 2

AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher

FlooringCarpet, Tile

Building Information

Garage Spaces2

Land Information

APN7375-03-02500

Lot Number8

SubdivisionMustang Ridge 03

Land UseVac Res Single Fam-In City, < 5 Acres

Legal DescriptionS737503 - MUSTANG RIDGE 03, BLOCK 2, LOT 8

Census Tract690300

Assessed Land Value$4,250

Assessment Year2024

About this property

KB HOME NEW CONSTRUCTION – Welcome to 827 Mustang Ridge Terrace in the sought-after Mustang Ridge community, zoned to Magnolia ISD! This beautiful home offers 3 bedrooms, Den, 2 full baths, and an attached 2-car garage. The heart of the home is a chef-inspired kitchen featuring a spacious island, single-bowl stainless steel sink, Whirlpool appliances, and granite countertops. Designed with entertaining in mind, the kitchen flows seamlessly into the open-concept living and dining areas, creating a bright and inviting gathering space. Retreat to the primary suite, complete with a dual-sink vanity and a walk-in shower with built-in seat and tile surround. The secondary bath offers an extended vanity with knee space for added convenience and functionality. Additional highlights include SmartKey entry door hardware and black exterior lantern lighting that enhances the home’s curb appeal. Don’t miss this opportunity to own a stunning new construction home—schedule your private showing today!

Investor Tools

$341,000

Estimated Property Value

$0Estimated Mortgage Balance

$341,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,046 /month

Positive

Cash Flow Estimate:

$682 /month

Interested in this property?

Nicole Freer

KB Home Houston

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$152/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

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

$341,000

100%

$0/mo

Learn About the Market: Opportunity in Texas

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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.

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