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40203 Otero Rd Magnolia, TX 77354 Directions

Currently not for sale


Home Value Comparables

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Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

AVM Value
$490K
$235.92/sqft
AVM Value
$478K
$229.90/sqft
AVM Value
$427K
$205.72/sqft
Value Range
$417K - $564K
Value Range
$440K - $515K
Value Range
$427,280
Confidence Score
85%

Margin of Error*: 15%
Confidence Score
88%

Margin of Error*: 8%
Confidence Score
NA


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Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

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Updated as of Apr 2024.

3 Bed(s)
2 Full Bath(s)
2,077 Bldg Sqft.
64,904 Lot Sqft.

General Description

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40203 Otero Rd (currently not for sale) is located in Cimarron Country subdivision in Montgomery County. Scroll to see the property features, tax value, mortgage calculator, nearby schools and similar homes for sale.

The property information herein and below is from the county appraisal district and should be independently verified.

Contact a REALTOR® for an estimate of this property

Status:
Not Currently For Sale
Market Value:
$ 427,280/Appraisal District ($206/sqft.)
Address:
40203 Otero Rd
City:
State:
TX
Zip Code:
Subdivision:
Legal Description:
CIMARRON COUNTRY, LOT 308, ACRES 1.490
Bedrooms:
3 Bedroom(s)
Baths:
2 Full Bath(s)
Stories:
1 /Appraisal District
Building Sqft.:
2,077 /Appraisal District
Year Built:
1992 /Appraisal District
Lot Size:
64,904 Sqft.  /Appraisal District
Garage(s):
2


Rooms/Lot Dimensions

Primary Bath:
11 x 7, 1st
Bedroom:
13 x 11, 1st
Bedroom:
11 x 9, 1st
Primary Bedroom:
18 x 15, 1st
Breakfast:
13 x 11, 1st
Kitchen:
19 x 14, 1st
Living:
25 x 11, 1st



Interior Features

Fireplace:
1/Wood Burning Fireplace
Range:
Electric Range
Oven:
Electric Oven,Single Oven
Connections:
Electric Dryer Connections,Washer Connections
Heating:
Propane
Cooling:
Central Electric
Floors:
Carpet,Laminate,Tile
Countertop:
Bathroom Description:
Primary Bath: Double Sinks,Primary Bath: Separate Shower,Primary Bath: Soaking Tub,Secondary Bath(s): Tub/Shower Combo
Energy Feature:
VENTL,CELFN
Kitchen Desc:
Breakfast Bar,Island w/ Cooktop
Number Of Dinning Area:
Breakfast Room,Kitchen/Dining Combo,Home Office/Study,Utility Room in House


Exterior Features

Exterior:
Back Yard,Not Fenced
Exterior Type:
Brick
Private Pool:
No
Lot Description:
Cleared,Subdivision Lot,Wooded
Water Sewer:
Public Water,Septic Tank,Well
Roof:
Composition
Foundation:
Slab
Garage Carport:
Additional Parking,Double-Wide Driveway,Single-Wide Driveway


Lot Information

  Lot Size: 64,904 Lot Sqft. / Appraisal District
Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy


Additional Information

Dwelling Type:
Free Standing
HOA Mandatory:
Yes
Restrictions:
Deed Restrictions
*Disclaimer: Listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.


Property Tax

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Cost/sqft based on Market Value
Tax Year Cost/sqft Market Value Change Tax Assessment Change
2023 $205.72 $427,280 8.57% $368,170 10.00%
2022 $189.48 $393,550 29.34% $334,700 10.00%
2021 $146.49 $304,270 -1.03% $304,270 -0.58%
2020 $148.03 $307,450 10.51% $306,030 10.00%
2019 $133.95 $278,210 5.10% $278,210 5.10%
2018 $127.45 $264,720 3.55% $264,720 9.39%
2017 $123.09 $255,650 -6.92% $242,000 10.00%
2016 $132.24 $274,670 37.34% $220,000 10.00%
2015 $96.29 $200,000 9.89% $200,000 9.89%
2014 $87.63 $182,000 3.58% $182,000 3.58%
2013 $84.60 $175,710 0.00% $175,710 0.00%
2012 $84.60 $175,710 $175,710
2023 Montgomery County Appraisal District Tax Value
Market Land Value: $129,880
Market Improvement Value: $297,400
Total Market Value: $427,280

Tax History
2023 Assessed Value/Appraisal District: $368,170
2022 Assessed Value/Appraisal District: $334,700
2021 Assessed Value/Appraisal District: $304,270
2020 Assessed Value/Appraisal District: $306,030
2019 Assessed Value/Appraisal District: $278,210
2018 Assessed Value/Appraisal District: $264,720
2017 Assessed Value/Appraisal District: $242,000
2016 Assessed Value/Appraisal District: $220,000
2015 Assessed Value/Appraisal District: $200,000
2014 Assessed Value/Appraisal District: $182,000
2013 Assessed Value/Appraisal District: $175,710
2012 Assessed Value/Appraisal District: $175,710
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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$2,260 Monthly
Estimated Monthly Principal & Interest (Based on the calculation below) $ 1,632
Estimated Monthly Property Tax (Based on Tax Assessment 2023) $ 628
Home Owners Insurance Get a Quote
$
Months
Years
$
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%
$

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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:
Cimarron Country
County / Zip Code:
77354
Single Family Properties:
291
Average Bedrooms:
Average Baths:
3.17
Median Square Ft.:
2,562
Median Lot Square Ft.:
64,904
Median Year Built:
1996
Median Appraised Value:
$467,500
Neighborhood Value Range:
$350 - $672 K
Median Price / Square ft.:
$235.36

View Price Trends for Cimarron Country

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.

ASSIGNED SCHOOLS
Bear Branch Elementary School Elementary . EE - 04 . MAGNOLIA ISD
Good
Bear Branch Junior High School Middle . 07 - 08 . MAGNOLIA ISD
Good
Magnolia High School High . 09 - 12 . MAGNOLIA ISD
Good

View Nearby Schools

40203 Otero Rd is a 3 Beds, 2 Full Bath(s), property in Magnolia TX 77354. View photos, map, tax, nearby homes for sale, home values, school info...

View all homes on Otero Rd

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