NOT LISTED FOR SALE

5139 Fm 1488 Rd Magnolia, TX 77354

Estimated Value: $406,090

0.5 Acre
$820,384 Price per Acre
21,562 Sq Ft Lot

Last Sold September 22, 2021

Current estimated payment $2,422/month

831 Days on Market

Highlights

  • 0.5 Acre Lot
  • Bear Branch Junior High School Rated A-
  • Open Space

About This Lot

As of September 2021

Great Location! High traffic area, Retail Land .495 acre of frontage on FM 1488 including income producing billboard. Adjoining 1.9697 acres are also currently for sale. Property is located 0.3 miles to Del Webb, 1.5 miles to FM 2978, 1.5 miles to Kuykendahl Rd, 2.1 miles to FM 242 and 5.3 Miles to I-45. Great location. Currently being used for auto sales lot.

Last Agent to Sell the Property

Jessica Winski

Walzel Properties - Conroe License #0533278 Listed on: 05/14/2019

Walzel Properties - Conroe

Last Buyer's Agent

Aradio Zambrano

Z Global Realty License #0536463

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,777

Lot Details

  • 0.5 Acre Lot
  • Open Space
  • Cleared Lot

Schools

  • Tom E. Ellisor Elementary School
  • Bear Branch Junior High School
  • Magnolia High School

Utilities

  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • Taylor Thomas Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$4,777

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.495
  • Road Surface Type: Asphalt
  • Subdivision Name: TAYLOR THOMAS
  • UniversalParcelId: urn:reso:upi:2.0:US:48339:0546-00-03707
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Other

Exterior Features

  • Disclosures: Seller Disclosure
  • Lot Features: Cleared, Open Lot

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available
  • Sewer: Septic Tank

Schools

  • Elementary School: TOM E. ELLISOR 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

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4777.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2019
Closed on
Sep 14, 2021
Sold by
Foxworth Jill J and Foxworth Charles G
Bought by
Valestorm Inc
Seller's Agent
Jessica Winski
Walzel Properties - Conroe
Buyer's Agent
Aradio Zambrano
Z Global Realty
List Price
$495,000
Current Estimated Value
$406,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$280,000
Outstanding Balance
$174,700
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$231,390
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Valestorm Inc -- Southern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valestorm Inc $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2021 09/22/21 Sold -- -- --
08/23/2021 08/23/21 Pending -- -- --
05/14/2019 05/14/19 For Sale $495,000 -- --
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 $3,413 $215,620 $215,620 --
2024 $3,413 $215,620 $215,620 --
2023 $3,795 $240,360 $215,620 $24,740
2022 $4,253 $240,990 $215,620 $25,370
2021 $4,261 $229,250 $215,620 $13,630
2020 $4,566 $225,640 $215,620 $10,020
2019 $4,545 $225,680 $215,620 $10,060
2018 $4,777 $226,000 $215,620 $10,380
2017 $2,549 $120,190 $107,810 $12,380
2016 $2,555 $120,500 $107,810 $12,690
2015 $1,152 $52,280 $43,120 $9,160
2014 $1,152 $53,700 $43,120 $10,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 28650324

Houston Association of REALTORS®

APN: 0546-00-03707