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General Description

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Ready to show now!! This like new one story home is move in ready! Open floor plan with a island kitchen and 4 bedrooms. Owners have taken great pride in their home. Wired for whole house generator as well as a ADA walk in tub in the secondary bath. Cute terraced back yard is easy to maintain. This home is light and bright and a great layout. You don't want to miss this one!

MLS#:

50371313 (HAR)

Sold Price Range:

$250,001 - $285,000

Listing Status:

Sold

Address:

40707 Gate Ridge Drive

City:

Magnolia

State:

Zip Code:

77354

County:

Montgomery County

Subdivision:

Mostyn Spgs Sub 02 (View subdivision price trend)

Legal Description:

S733302 - MOSTYN SPRINGS SUBDIVISION 02, BLOCK 6, LOT 12

Property Type:

Single-Family

Bedrooms:

4 Bedroom(s)

Baths:

2 Full Bath(s)

Garage(s):

2 / Attached

Stories:

Style:

Traditional

Year Built:

2020 / Appraisal District

Building Sqft.:

1,628 /Appraisal

Lot Size:

4,902 Sqft. /Appraisal District

Market Area:

Magnolia/1488 East

Rooms/Lot Dimensions

Living:

15x16, 1st

Primary Bedroom:

15x14, 1st

Bedroom:

10x11, 1st

Bedroom:

10x11, 1st

Bedroom:

10x11, 1st

Interior Features

Kitchen Description:

Kitchen open to Family Room

Cooling:

Central Electric

Heating:

Central Gas

Dishwasher:

Yes

Disposal:

Yes

Microwave:

Yes

Exterior Features

Roof:

Composition

Foundation:

Slab

Private Pool:

Exterior Type:

Brick, Cement Board, Stone

Lot Description:

Subdivision Lot

Water Sewer:

Water District

Unit Location:

Subdivision Lot

Additional Information

Dwelling Type:

Free Standing

HOA Mandatory:

List Type:

Exclusive Right to Sell/Lease

Buyer Agent Compensation*:

Sub Agent Compensation*:

0.00%

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

Financial Information

Other Fees:

Maintenance Fee:

Taxes w/o Exemp:

$5, 751/2021

Tax Rate:

3.1087

Listing Broker:

CB&A, Realtors

Property Tax

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Cost/sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$154.82	$252,040	7.31%	$252,040	23.85%
2022	$144.27	$234,870	26.95%	$203,510	10.00%
2021	$113.64	$185,010	371.72%	$185,010	371.72%
2020	$24.09	$39,220	300.20%	$39,220	300.20%
2019	$6.02	$9,800		$9,800

2023 Montgomery County Appraisal District Tax Value

Market Land Value:	$39,220
Market Improvement Value:	$212,820
Total Market Value:	$252,040

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 %
HARRIS CO IMPROVEMENT DIST 17:	1.2500 %
Total Tax Rate:	3.0146 %

Estimated Mortgage/Tax

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$1,701 Monthly

Estimated Monthly Principal & Interest (Based on the calculation below)	$ 1,068
Estimated Monthly Property Tax (Based on Tax Assessment 2023)	$ 633633
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:

MOSTYN SPGS SUB

County / Zip Code:

77354

Single Family Properties:

206

Average Bedrooms:

Average Baths:

2.42

Median Square Ft.:

1,837

Median Lot Square Ft.:

6,048

Median Year Built:

2019

Median Appraised Value:

$275,875

Neighborhood Value Range:

$236 - $348 K

Median Price / Square ft.:

$153.59

View Price Trends for Mostyn Spgs Sub

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

Magnolia Parkway Elementary School Elementary . EE - 04 . MAGNOLIA ISD

Good |

Bear Branch Junior High School Middle . 07 - 08 . MAGNOLIA ISD

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Magnolia High School High . 09 - 12 . MAGNOLIA ISD

Good |

View Nearby Schools ↓

Property Map

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40707 Gate Ridge Drive, Magnolia, TX 77354 Directions

Nearby places and schools.

Street View Birds Eye View

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40707 Gate Ridge Drive Magnolia TX 77354 was recently sold. It is a 0.11 Acre(s) Lot, 1,628 SQFT, 4 Beds, 2 Full Bath(s) in Mostyn Spgs Sub 02.