NOT LISTED FOR SALE

537 Ruel Rd Magnolia, TX 77355

Estimated Value: $389,787

10.1 Acres
$38,593 Price per Acre
439,956 Sq Ft Lot

Last Sold January 21, 2021

Current estimated payment $2,574/month

2 Days on Market

Highlights

  • Horse Property Unimproved
  • Willie E. Williams Elementary School Rated A-
  • 10.1 Acre Lot

About This Lot

As of January 2021

If you want to live the country life with all the conveniences of the city this is it! New roads to the Magnolia area are making it easy to get around! Bring your horses or cows to this Beautiful large 10.1 acre Country Property located in sought after River Park Ranch, just a few miles from Downtown Magnolia. House pad is in place ready for the home of your dreams! Two beautiful Ponds flank the Building site with plenty of space for your barn/workshop/storage. Property is convenient to FM 1774 which offers quick access to the Grand Parkway and the new Aggie Hwy! Magnolia is growing fast, so don't miss this opportunity to own your own farm and ranch! Magnolia schools!

Last Agent to Sell the Property

James Boyd

Best Of Texas Properties, LLC License #0710187 Listed on: 12/26/2020

Last Buyer's Agent

Helena Jaramillo

RE/MAX The Woodlands & Spring License #0653655

RE/MAX The Woodlands & Spring

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,582

Lot Details

  • 10.1

HOA Fees

  • $50 Monthly HOA Fees

Schools

  • Willie E. Williams Elementary School
  • Magnolia Junior High School
  • Magnolia West High School

Utilities

  • Not Connected to Water Source
  • Sewer Not Available

Additional Features

  • 10.1 Acre Lot
  • Horse Property Unimproved

Community Details

  • River Park Ranch Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$3,582

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 10.1
  • Road Surface Type: Asphalt
  • Subdivision Name: River Park Ranch
  • New Construction: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48339:0260-00-00215
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Cattle, Horses, Other, Ranch

Exterior Features

  • Disclosures: None
  • Pool Private: No

Utilities

  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association Fee: 600.0
  • Association Fee Frequency: Annually

Schools

  • Elementary School: WILLIE E. WILLIAMS ELEMENTARY SCHOOL
  • Junior High Dist: 36 - Magnolia
  • High School: MAGNOLIA WEST HIGH SCHOOL
  • Middle Or Junior School: MAGNOLIA JUNIOR HIGH SCHOOL

Lot Info

  • Horse Amenities: Horses Allowed
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3582.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2020
Closed on
Jan 21, 2021
Sold by
Bk Ebar Family Limited Partnership
Bought by
Mendoza Home Builders Llc
Seller's Agent
James Boyd
Best Of Texas Properties, LLC
Buyer's Agent
Helena Jaramillo
RE/MAX The Woodlands & Spring
List Price
$199,000
Current Estimated Value
$389,787

Purchase Details

Closed on
Aug 29, 2014
Sold by
Signor Clay and Signor Charles
Bought by
Bk Ebar Family Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
4.18%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 4, 2013
Sold by
Le Dillon
Bought by
Bk Ebar Family Limited Partnership

Purchase Details

Closed on
Jan 7, 2013
Sold by
Le Dillon
Bought by
Magnolia Independent School District

Purchase Details

Closed on
May 25, 2009
Sold by
Le Ngan Bao Nguyen and Nguyen Stephen B
Bought by
Le Dillon

Purchase Details

Closed on
Oct 26, 2007
Sold by
Le Ngan B
Bought by
Nguyen Stephen B
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
Mendoza Home Builders Llc -- First American Title
Bk Ebar Family Lp -- None Available
Bk Ebar Family Limited Partnership -- --
Bk Ebar Family Limited Partnership -- --
Magnolia Independent School District $90,500 None Available
Le Dillon -- Ameripoint Title
Nguyen Stephen B -- Ameripoint Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bk Ebar Family Limited Partnership $118,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2021 01/21/21 Sold -- -- --
12/26/2020 12/26/20 For Sale $199,000 -- --
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 $5,596 $353,500 $353,500 --
2024 $5,581 $353,500 $353,500 --
2023 $5,581 $353,500 $353,500 $0
2022 $6,238 $353,500 $353,500 $0
2021 $3,290 $177,000 $177,000 $0
2020 $3,582 $177,000 $177,000 $0
2019 $4,068 $202,000 $202,000 $0
2018 $3,630 $171,700 $171,700 $0
2017 $3,641 $171,700 $171,700 $0
2016 $3,641 $171,700 $171,700 $0
2015 $5,426 $253,000 $253,000 $0
2014 $5,426 $253,000 $253,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 18359760

Houston Association of REALTORS®

APN: 0260-00-00215