6.03 ACRE PROPERTY BACKS TO STERLING RIDGE NEIGHBORHOOD - A HIDDEN TREASURE! Rare opportunity to build your dream home on acreage property - or savor quiet, simple living in this extraordinary setting in the woods - just minutes from The Branch Crossing YMCA, George and Cynthia Woods Mitchell Library, Sterling Ridge Park and Ride, and other shops/restaurants! NEVER FLOODED structures on property include a 2196 SF/1.5 story 3 BR/2 BA home, greenhouse, 60'x30' storage shed (storage for cars, boats, workshop), and finished out 20'x16' office/shop! Deep well on property is just 3 years old. "Walden-like" property features an abundance of windows that transcend the outdoors to indoor living! Luxury properties as neighbors, and near the front of subdivision with higher elevation and easy access. Priced for land value. Restricted for residential use. Low tax rate. This is a must-see -- so many possibilities for prospective buyers!
Cost/sqft based on Tax Value
|Tax Year||Cost/sqft||Tax Assessment||Change|
2017 Montgomery County Appraisal District Tax Value
|Market Land Value:||$397,500|
|Market Improvement Value:||$155,970|
|Total Market Value:||$553,470|
|2017 Assessed Value/Appraisal District:||$170,740|
|2016 Assessed Value/Appraisal District:||$155,220|
|2015 Assessed Value/Appraisal District:||$141,110|
|2014 Assessed Value/Appraisal District:||$128,280|
|2013 Assessed Value/Appraisal District:||$116,620|
|2012 Assessed Value/Appraisal District:||$106,020|
2017 Tax Rates
|EMERGENCY SVC DIST 10:||0.1000 %|
|MONTGOMERY COUNTY:||0.4667 %|
|MONTGOMERY CO HOSPITAL:||0.0664 %|
|LONE STAR COLLEGE:||0.1078 %|
|MAGNOLIA ISD:||1.3795 %|
|Total Tax Rate:||2.1204 %|
|Estimated Monthly Principal & Interest (Based on the calculation below)||$ 3,621|
|Estimated Monthly Property Tax (Based on Tax Assessment 2017)||$ 302|
|Home Owners Insurance||Get a Quote|
2017 Subdivision Facts
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.
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7818 Red Bay Circle, Magnolia, TX 77354 Directions
Nearby places and schools.
7818 Red Bay Circle Magnolia TX 77354 is listed for sale for $948,000. It is a 6.03 Acre(s) Lot, 2,196 SQFT, 3 Beds, 2 Full Bath(s) in Northland Indian Hills.
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