NOT LISTED FOR SALE

16527 Mustang Trail Dr Magnolia, TX 77355

Estimated Value: $230,000 - $976,000

2.02 Acres
$238,754 Price per Acre
88,122 Sq Ft Lot

Last Sold April 27, 2022

Current estimated payment $2,875/month

47 Days on Market

Highlights

  • Gated Community
  • Wooded Lot
  • Security Gate
  • J.L. Lyon Elementary School Rated 9+

About This Lot

As of April 2022

A stunning 2 acres is ready to build your dream home in the Indigo Ranch gated community. This neighborhood is full of custom homes with lots ranging from 1-15 acres. There are peaceful walking and horse back riding trails throughout. This beautiful property is a must see, truly a fabulous opportunity to build everything you've ever dreamed of. You will find a perfect retreat from the city where you enjoy the peace and quiet on this wooded lot. Do not miss the opportunity to purchase this great private oasis. Great location close to Tomball and easy access to the Grand Parkway-99.

Last Agent to Sell the Property

Nikki Smith

Sageriver Realty License #0717456 Listed on: 11/12/2021

Sageriver Realty

Last Buyer's Agent

William McGrath

KD Dominion Estates License #0479073

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,492

Lot Details

  • 2.02 Acre Lot
  • Wooded Lot

HOA Fees

  • $62 Monthly HOA Fees

Schools

  • J.L. Lyon Elementary School
  • Magnolia Junior High School
  • Magnolia West High School

Utilities

  • Sewer Not Available
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Ckm Property Management Association, Phone Number (282) 255-3055
  • Indigo Ranch Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,492

Lot Details

0

HOA Fees

$62 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 2.023
  • Road Surface Type: Asphalt
  • Subdivision Name: Indigo Ranch
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Disclosures: Seller Disclosure
  • Lot Features: Wooded

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available
  • Security: Security Gate
  • Sewer: None

Condo/Co-op/Association

  • Amenities: Gated
  • Association Fee: 740.0
  • Association Fee Frequency: Annually
  • Association Name: CKM Property Management
  • Phone: 282-255-3055
  • Association: Yes

Schools

  • Elementary School: J.L. LYON ELEMENTARY SCHOOL
  • Junior High Dist: 36 - Magnolia
  • High School: MAGNOLIA WEST HIGH SCHOOL
  • Middle Or Junior School: MAGNOLIA JUNIOR HIGH SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1492.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Apr 27, 2022
Sold by
Pitts Martina M
Bought by
Frontier Custom Builders Inc
Seller's Agent
Nikki Smith
Sageriver Realty
Buyer's Agent
William McGrath
KD Dominion Estates
List Price
$230,000
Current Estimated Value
$483,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.53%

Purchase Details

Closed on
Aug 12, 1999
Sold by
Bluegreen Southwest One Lp
Bought by
Pitts Martina and Pitts Martina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,410
Interest Rate
7.71%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Frontier Custom Builders Inc -- Stewart Title
Pitts Martina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pitts Martina $31,410
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2022 04/27/22 Sold -- -- --
12/29/2021 12/29/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $230,000 -- --
Source: Houston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,203 $1,161,392 $202,300 $959,092
2024 $3,203 $202,300 $202,300 --
2023 $3,194 $202,300 $202,300 $0
2022 $2,403 $136,190 $136,190 $0
2021 $1,406 $75,660 $75,660 $0
2020 $1,531 $75,660 $75,660 $0
2019 $1,524 $75,660 $75,660 $0
2018 $1,326 $62,710 $62,710 $0
2017 $1,330 $62,710 $62,710 $0
2016 $1,330 $62,710 $62,710 $0
2015 $1,345 $62,710 $62,710 $0
2014 $1,345 $62,710 $62,710 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 37591810

Houston Association of REALTORS®

APN: 6151-00-15200