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General Description

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The pinnacle of private estate property in Montgomery County. This 6.2 +/- acre lot is located at the end of a private drive serving only two properties within the Ranches at Pinehurst; the preeminent gated luxury equestrian estate enclave of the area. Featuring densely wooded surroundings, a large building site above the floodplain, a gentle fall to a small seasonal creek and frontage along the bridle trail and Mill Creek. One of the last opportunities within the Ranches at Pinehurst!

MLS#:

41085587 (HAR)

Sold Price Range:

$250,001 - $285,000

Listing Status:

Sold

Address:

15 Riata Drive

City:

Magnolia

State:

Zip Code:

77354

County:

Montgomery County

Subdivision:

The Ranches at Pinehurst

Legal Description:

A0205 - FOSTER JOHN, TRACT 1E-8, ACRES 6.2

Property Type:

Lots

Lot Size:

6.20 Acres /Appraisal District

Maintenance Fee:

$ 650 / Annually

Key Map©:

248G

Market Area:

Magnolia/1488 East

Exterior Features

Lot Description:

Greenbelt, Wooded

Controlled Access:

Automatic Gate

Cable:

Available

Water Sewer:

No Sewer, No Water

Phone:

Available

Electric:

Electric Available

Gas:

Gas Available

Road Surface:

Asphalt

Unit Location:

Greenbelt, Wooded

Area Pool:

Additional Information

List Type:

Exclusive Right to Sell/Lease

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

Other Fees:

Yes / Transfer Fee

Maintenance Fee:

Yes / $650 / Annually

Tax Rate:

2.1205

Selling Agent and Brokerage

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Selling Agent

Tony Prock

5.00/5.0

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Selling Broker information is not available.

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Property Tax

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Cost/sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$--	$1,448,000	26.34%	$1,260,730	10.00%
2022	$--	$1,146,120	239.95%	$1,146,120	239.95%
2021	$--	$337,140	0.00%	$337,140	0.00%
2020	$--	$337,140	0.00%	$337,140	0.00%
2019	$--	$337,140	171.89%	$337,140	171.89%
2018	$--	$124,000		$124,000

2023 Montgomery County Appraisal District Tax Value

Market Land Value:	$337,340
Market Improvement Value:	$1,110,660
Total Market Value:	$1,448,000

montgomery County Appraisal District

2023 Tax Rates

EMERGENCY SVC DIST 10:	0.0879 %
MONTGOMERY COUNTY:	0.3696 %
MONTGOMERY CO HOSPITAL:	0.0498 %
LONE STAR COLLEGE:	0.1076 %
MAGNOLIA ISD:	0.9638 %
Total Tax Rate:	1.5787 %

Estimated Mortgage/Tax

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$2,804 Monthly

Estimated Monthly Principal & Interest (Based on the calculation below)	$ 1,145
Estimated Monthly Property Tax (Based on Tax Assessment 2023)	$ 1,6591,659
Home Owners Insurance	Get a Quote

List Price

Loan Term

Months

Years

Down Payment

Annual Interest Rate

Estimated Monthly Principal & Interest

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Subdivision Facts

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Facts (Based on Active listings)

Market Area Name:

Magnolia/1488 East

Home For Sales:

439

Average List Price:

$557,330

Average Bedrooms:

3.69

Average Baths:

2.58

Average Square Ft.:

2,641

Average Price/Square Ft.:

$197.54

Home For Lease:

Average Lease :

$2,642

Average Lease/Square Ft.:

$1.39

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.