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General Description

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Price Improvement! Inspection available upon request. Visit this unique 5-acre property, including two homes, mature hardwoods surrounding both homes to provide privacy, while conveniently located in the heart of Magnolia near shopping, entertainment, and easy access to I45. The home on Ridgewood is a custom build, 3,429sf, 4 bed/2.5 bath, handicap accessible and includes spacious closets and large windows throughout. The 2,400sf barndominium, 3 bed/2 bath with workshop and/or oversized garage is located on Beaverwood with a large backyard, covered patio, chicken coop, dog run and small garden. Could be an income producing or multi-family property. Each dwelling has individual wells, septic systems, and driveways. This is a deed restricted community, w/out an HOA. No fees but property values are protected with the restrictions. A hidden gem and within Magnolia ISD!

MLS#:

56518898 (HAR)

Sold Price Range:

$627,001 - $717,000

Listing Status:

Sold

Address:

2018 Ridgewood

City:

Magnolia

State:

Zip Code:

77354

County:

Montgomery County

Subdivision:

Ridgewood 01 (View subdivision price trend)

Legal Description:

RIDGEWOOD 01, LOT 28, ACRES 5.000

Property Type:

Multi-Family - Multiple Detached Dw

Stories:

Year Built:

2002 / Appraisal District

Building Sqft.:

5,109 /Appraisal District

Lot Size:

217,800 Sqft. /Appraisal District

Key Map©:

215C

Market Area:

Magnolia/1488 East

Interior Features

Countertop:

Solid Surface

Floors:

Carpet, Tile

Cooling:

Central Electric

Heating:

Central Electric, Central Gas

Disposal:

Compactor:

Dishwasher:

Yes

Microwave:

Yes

Energy Feature:

Attic Fan, Attic Vents, Ceiling Fans, Digital Program Thermostat, Insulated/Low-E windows, Radiant Attic Barrier

Exterior Features

Roof:

Aluminum, Composition

Exterior Type:

Aluminum, Brick

Lot Description:

Wooded

Parking Unit:

Two

Parking:

Auto Garage Door Opener, Garage Parking, Off Site Parking, Paved Area, Workshop

Unit Location:

Wooded

Additional Information

List Type:

Exclusive Right to Sell/Lease

Unit Feature:

Carpets, Fenced Area, Fireplace, Handicap Access, Patio, Window Coverings

Buyer Agent Compensation*:

Sub Agent Compensation*:

*Disclaimer: Listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Financial Information

Financing Considered:

Cash Sale, Conventional, Investor, Other, USDA Loan

Other Fees:

Maintenance Fee:

Taxes w/o Exemp:

$12, 304/2021

Tax Rate:

1.8587

Selling Agent and Brokerage

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Selling Agent

Gladys Bayo-Rivara

Click to view phone

Selling Broker

HelpUBuy America

1707 Post Oak Blvd. Suite #558
Dallas, TX 75219

Want to know how much is this home worth?

Request Home Value

Property Tax

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Cost/sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$135.06	$690,000	-40.32%	$690,000	-5.24%
2022	$226.32	$1,156,260	57.34%	$728,180	10.00%
2021	$143.84	$734,860	2.40%	$661,980	10.00%
2020	$140.47	$717,650	31.18%	$601,800	10.00%
2019	$107.08	$547,090	-14.27%	$547,090	-14.27%
2018	$124.91	$638,180	-0.15%	$638,180	-0.15%
2017	$125.10	$639,130	-0.21%	$639,130	7.19%
2016	$125.36	$640,460	33.77%	$596,260	38.56%
2015	$93.71	$478,770	22.38%	$430,330	10.00%
2014	$76.57	$391,210	-4.74%	$391,210	-4.74%
2013	$80.38	$410,660	10.00%	$410,660	10.00%
2012	$73.07	$373,330		$373,330

2023 Montgomery County Appraisal District Tax Value

Market Land Value:	$30,000
Market Improvement Value:	$660,000
Total Market Value:	$690,000

montgomery County Appraisal District

2023 Tax Rates

EMERGENCY SVC DIST 10:	0.0852 %
MONTGOMERY COUNTY:	0.3742 %
MONTGOMERY CO HOSPITAL:	0.0502 %
LONE STAR COLLEGE:	0.1078 %
MAGNOLIA ISD:	1.1472 %
Total Tax Rate:	1.7646 %

Estimated Mortgage/Tax

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$4,127 Monthly

Estimated Monthly Principal & Interest (Based on the calculation below)	$ 3,113
Estimated Monthly Property Tax (Based on Tax Assessment 2023)	$ 1,0151,015
Home Owners Insurance	Get a Quote

List Price

Loan Term

Months

Years

Down Payment

Annual Interest Rate

Estimated Monthly Principal & Interest

Calculate View Amortization Table

Use this mortgage calculator to create and estimate your monthly mortgage payment(principal and interest) and estimates for property taxes(based on past rates).

Subdivision Facts

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2023 Subdivision Facts

Subdivision Name:

Ridgewood (Magnolia)

County / Zip Code:

77355

Single Family Properties:

Average Bedrooms:

Average Baths:

3.62

Median Square Ft.:

2,844

Median Lot Square Ft.:

108,900

Median Year Built:

2004

Median Appraised Value:

$582,090

Neighborhood Value Range:

$31 - $931 K

Median Price / Square ft.:

$149.48

View Price Trends for Ridgewood (magnolia)

Schools

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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.