NOT LISTED FOR SALE

40251 S Hill Pass Magnolia, TX 77354

Estimated Value: $350,000 - $406,000

4 Beds
2.5 Baths
2,625 Sq Ft
$140/Sq Ft Est. Value

Last Sold September 14, 2022

Current estimated payment $2,447/month

Highlights

  • 2 Car Attached Garage
  • Magnolia Parkway Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of December 2022

Looking for your dream home? Through our seamless leasing process, this beautifully designed home is move-in ready. Our spacious layout is perfect for comfortable living that you can enjoy with your pets too; we’re proud to be pet friendly. Our homes are built using high-quality, eco-friendly materials with neutral paint colors, updated fixtures, and energy-efficient appliances. Enjoy the backyard and community to unwind after a long day, or simply greet neighbors, enjoy the fresh air, and gather for fun-filled activities. Ready to make your next move your best move? Apply now. Take a tour today. We’ll never ask you to wire money or request funds through a payment app via mobile. The fixtures and finishes of this property may differ slightly from what is pictured.

Last Agent to Rent the Property

Leilani Cardinoza

Main Street Renewal, LLC License #0595001 Listed on: 11/07/2022

Last Renter's Agent

Leilani Cardinoza

Main Street Renewal, LLC License #0595001 Listed on: 11/07/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,389

Year Built

  • Built in 2019

Lot Details

  • 6,229

Parking

  • 2 Car Attached Garage

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Magnolia Parkway Elementary School
  • Bear Branch Junior High School
  • Magnolia High School

Additional Features

  • Dishwasher
  • Cleared Lot
  • Central Heating and Cooling System

Community Details

  • Mainstreet Renewal Association
  • Mostyn Springs Subdivision

Listing and Financial Details

  • Property Available on 11/7/22
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,389

Year Built

Built in 2019

Lot Details

0

Parking

2

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2022-11-07

Listing Details

  • Directions: Turn left toward Farm to Market Rd 1488 W 108 ft Turn left onto Farm to Market Rd 1488 W 3.3 mi Turn right onto Mostyn Dr 0.9 mi Turn right onto S Hill Pass Destination will be on the right
  • Property Sub Type: Detached
  • Prop. Type: Residential Lease
  • Year Built: 2019
  • Subdivision Name: Mostyn Springs Subdivision
  • Architectural Style: Detached
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached,Single Family Residence
  • Pets No Pets Comments: PetDepositDescription:$250 non-refundable pet deposit per pet,PetDepositDescription: $35 Monthly Pet Rent
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: None, Section 8 Approved
  • Lot Features: Cleared
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Mainstreet renewal
  • Pets Allowed: Pet Deposit, Pet Restrictions

Schools

  • Elementary School: MAGNOLIA PARKWAY ELEMENTARY SCHOOL
  • Junior High Dist: 36 - Magnolia
  • High School: MAGNOLIA HIGH SCHOOL
  • Middle Or Junior School: BEAR BRANCH JUNIOR HIGH SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2023
Sold by
Arvm 5 Llc
Bought by
Alto Asset Company 5 Llc
Current Estimated Value
$366,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,971,000
Outstanding Balance
$487,800,334
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
-$487,433,515

Purchase Details

Listed on
Jul 14, 2022
Closed on
Sep 14, 2022
Sold by
Middleton Russell W
Bought by
Arvm 5 Llc
Seller's Agent
Alejandro Rodriguez
Midpoint Realtors
Buyer's Agent
Rustin Randall
Main Street Renewal, LLC
List Price
$360,000
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.44%

Purchase Details

Listed on
Oct 16, 2020
Closed on
Nov 23, 2020
Sold by
Ayala Jose
Bought by
Middleton Russell W
Seller's Agent
Ronnie Matthews
eXp Realty LLC
Buyer's Agent
Lisa Carswell
Carswell Real Estate Co. Inc.
List Price
$267,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.58%
Original Mortgage
$214,320
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2019
Sold by
Century Land Holdings Of Texas Llc
Bought by
Ayala Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,349
Interest Rate
3.6%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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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
Alto Asset Company 5 Llc -- Bchh Title
Arvm 5 Llc $332,000 New Title Company Name
Middleton Russell W -- Great American Title
Ayala Jose -- Parkway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alto Asset Company 5 Llc $498,971,000
Previous Owner Middleton Russell W $214,320
Previous Owner Ayala Jose $261,349
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2022 12/01/22 Rented $2,725 -0.9% --
11/07/2022 11/07/22 For Rent $2,750 0.0% --
09/18/2022 09/18/22 Off Market -- -- --
09/14/2022 09/14/22 Sold -- -- --
08/16/2022 08/16/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $360,000 +34.4% $135 / Sq Ft
11/23/2020 11/23/20 Sold -- -- --
10/24/2020 10/24/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $267,900 -- $102 / Sq Ft
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 $5,389 $345,932 $68,000 $277,932
2024 $5,389 $340,385 $68,000 $272,385
2023 $9,325 $332,000 $49,920 $282,080
2022 $8,573 $284,380 $49,920 $280,950
2021 $8,037 $258,530 $49,920 $208,610
2020 $8,181 $249,900 $49,920 $199,980
2018 $0 $49,920 $49,920 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 5845859

Houston Association of REALTORS®

APN: 7333-00-08100