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General Description

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Home is located on a total of 12.117 +/- unrestricted acres. 2 bedroom, possibly 3 bedroom home, with plenty of room to add on to if you would like or build new. Office area could be made into a bedroom as well as the upstairs room. Property is totally fenced. Water Well. Plenty of room for the horses & cattle if wanted. Garage area.Storage Barn. So much potential with this acreage! So many possibilities! Ag exempt! Great location! Here is your chance to own acreage in Magnolia! Montgomery County! Magnolia ISD!

MLS#:

90651977 (HAR)

Sold Price Range:

$627,001 - $717,000

Listing Status:

Sold

Address:

32841 Old Hempstead Road

City:

Magnolia

State:

Zip Code:

77355

County:

Montgomery County

Subdivision:

None

Legal Description:

A0168 - DUNLAVEY W T, TRACT 18-B (SPLIT FOR AG), ACRES 1

Property Type:

Single-Family

Bedrooms:

2 - 3 Bedroom(s)

Baths:

2 Full Bath(s)

Stories:

Style:

Traditional

Year Built:

2008 / Appraisal District

Building Sqft.:

1,792 /Appraisal District

Lot Size:

12.12 Acres /Appraisal District

Market Area:

Magnolia/1488 West

Rooms/Lot Dimensions

Living:

18x19, 1st

Dining:

9x10, 1st

Kitchen:

13x15, 1st

Primary Bedroom:

13x15, 1st

Bedroom:

11x15, 1st

Home Office/Study:

8x9, 1st

Interior Features

Fireplace:

1/Stove

Floors:

Tile

Room Description:

1 Living Area, Kitchen/Dining Combo

Kitchen Description:

Kitchen open to Family Room, Pantry

Bathroom Description:

Primary Bath: Jetted Tub, Primary Bath: Separate Shower

Bedroom Description:

All Bedrooms Down

Cooling:

Central Electric

Heating:

Central Electric

Connections:

Electric Dryer Connections, Washer Connections

Microwave:

Yes

Oven:

Gas Oven, Single Oven

Range:

Gas Cooktop

Compactor:

Dishwasher:

Yes

Ice Maker:

Disposal:

Energy Feature:

Ceiling Fans

Exterior Features

Roof:

Composition

Foundation:

Slab

Private Pool:

Exterior Type:

Cement Board, Wood

Lot Description:

Cleared

Water Sewer:

Septic Tank, Well

Unit Location:

Cleared

Area Pool:

Exterior:

Fully Fenced

Additional Information

Dwelling Type:

Free Standing

List Type:

Exclusive Right to Sell/Lease

HOA Mandatory:

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:

Maintenance Fee:

Taxes w/o Exemp:

$2, 444/2019

Tax Rate:

2.1139

Selling Agent and Brokerage

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Selling Agent and Broker information is not available.

Property Tax

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Cost/sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$136.42	$244,470	22.18%	$244,470	55.66%
2022	$111.66	$200,090	40.15%	$157,050	10.00%
2021	$79.67	$142,770	-1.83%	$142,770	6.94%
2020	$81.16	$145,430	19.82%	$133,510	10.00%
2019	$67.73	$121,370	2.43%	$121,370	2.43%
2018	$66.12	$118,490	-0.10%	$118,490	-0.10%
2017	$66.19	$118,610	-1.82%	$118,610	-1.82%
2016	$67.42	$120,810	0.73%	$120,810	0.73%
2015	$66.93	$119,930	-0.10%	$119,930	8.60%
2014	$66.99	$120,050	19.58%	$110,430	10.00%
2013	$56.02	$100,390	0.00%	$100,390	0.00%
2012	$56.02	$100,390		$100,390

2023 Montgomery County Appraisal District Tax Value

Market Land Value:	$35,000
Market Improvement Value:	$209,470
Total Market Value:	$244,470

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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$2,938 Monthly

Estimated Monthly Principal & Interest (Based on the calculation below)	$ 2,578
Estimated Monthly Property Tax (Based on Tax Assessment 2023)	$ 359359
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 West

Home For Sales:

675

Average List Price:

$508,052

Average Bedrooms:

3.64

Average Baths:

2.50

Average Square Ft.:

2,430

Average Price/Square Ft.:

$193.99

Home For Lease:

Average Lease :

$2,256

Average Lease/Square Ft.:

$1.27

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.