40402 Three Forks Rd Magnolia, TX 77354
Estimated Value: $803,000 - $1,109,000
--
Bed
1
Bath
5,574
Sq Ft
$173/Sq Ft
Est. Value
About This Home
This home is located at 40402 Three Forks Rd, Magnolia, TX 77354 and is currently estimated at $965,053, approximately $173 per square foot. 40402 Three Forks Rd is a home with nearby schools including Bear Branch Elementary School, Bear Branch Junior High School, and Magnolia High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 14, 1998
Sold by
Jones Walter K and Jones Myrna A
Bought by
Maddux James Rayford
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Outstanding Balance
$3,910
Interest Rate
6.81%
Estimated Equity
$961,143
Purchase Details
Closed on
Aug 16, 1994
Sold by
Hecht Brian K and Hecht Elizabeth J
Bought by
Jones Walter K and Jones Myrna A
Purchase Details
Closed on
Nov 21, 1989
Bought by
Maddux James Rayford and Maddux Anna
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Maddux James Rayford | -- | American Title Co | |
| Jones Walter K | -- | -- | |
| Maddux James Rayford | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Maddux James Rayford | $18,000 |
Source: Public Records
Tax History Compared to Growth
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 | $10,951 | $763,099 | $126,880 | $636,219 |
| 2024 | $9,871 | $800,000 | $126,880 | $673,120 |
| 2023 | $9,871 | $729,010 | $126,880 | $608,050 |
| 2022 | $11,695 | $662,740 | $126,080 | $608,850 |
| 2021 | $11,198 | $602,490 | $72,880 | $529,610 |
| 2020 | $11,130 | $550,000 | $72,880 | $477,120 |
| 2019 | $10,637 | $528,160 | $72,880 | $455,280 |
| 2018 | $9,371 | $484,000 | $59,070 | $424,930 |
| 2017 | $10,110 | $476,780 | $45,920 | $430,860 |
| 2016 | $10,773 | $508,030 | $45,920 | $462,110 |
| 2015 | $6,916 | $365,680 | $45,920 | $358,020 |
| 2014 | $6,916 | $332,440 | $45,920 | $286,520 |
Source: Public Records
Map
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