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Owner Contacts

$654,000

NAL Estimated Property Value

8542 Percy Ridge Dr, Magnolia, TX, 77354

Off Market

4 Beds

3 Bath

3,540 Sq Ft

Single Family Residence

$158.16 / sqft

Built in 2016

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen

Lot Size8,666 sqft

Building Information

Year Built2016

Stories1

Roof Type105

Garage Spaces2

Land Information

APN7402-03-07400

Lot Number58

SubdivisionNorthgrove 03

Land UseResidential

Legal DescriptionS740203 - NORTHGROVE 03, BLOCK 2, LOT 58

Census Tract690603

Assessed Land Value$93,500

Assessed Improvement Value$499,106

Assessment Year2025

About this property

LUXURIOUS Perry ONE STORY home on large corner lot! BETTER THAN NEW & ready for new homeowner. Seller spared no expense on the interior finishes!! DREAM KITCHEN has UPGRADED cabinets, granite & backsplash. Large walk in pantry has built-in spice rack, Seller added deep drawers under stove for easy access to cookware. Tons of cabinet space for storage & counterspace for making those large meals!! BEAUTIFUL hardwood flooring, upgraded interior doors & plantation shutters throughout entire home ($30k). Floor plan is VERY open & has formal dining, study & media/game room! Split bedroom plan offers privacy to the primary bedroom. Primary bath has walk-in shower, gorgeous tile & huge closet!! FULLY AUTOMATED, Smart Home operates lighting, security cameras & irrigation from your phone. Rain Bird water filtration system will remain in the home for the new homeowner. Backyard is PERFECT for ENTERTAINING!! Extended covered back patio, outdoor kitchen & firepit complete this home!!

Investor Tools

$654,000

Estimated Property Value

$243,813Estimated Mortgage Balance

$410,187Estimated Equity

59% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,924 /month

Positive

Cash Flow Estimate:

$1,308 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,378/month

$1,250/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$13,264

$592,606

2025

$93,500

$499,106

$592,606

Tax History

Year

Tax Paid

Assessed Value

2024

$13,264

$592,606

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wells Fargo Bank Na

Conventional

$265,000

First

Feb 18, 2022

Mar 2037

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$243,813

$360,187

59%

37%

$1,589/mo

Learn About the Market: Opportunity in Texas

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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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