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General Description

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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.

MLS#:

37591810 (HAR)

Sold Price Range:

$185,001 - $215,000

Listing Status:

Sold

Address:

16527 Mustang Trail Drive

City:

Magnolia

State:

Zip Code:

77355

County:

Montgomery County

Subdivision:

Indigo Ranch (View subdivision price trend)

Legal Description:

INDIGO RANCH, BLOCK 1, LOT 152

Property Type:

Lots

Lot Size:

2.02 Acres /Appraisal District

Maintenance Fee:

$ 740 / Annually

Key Map©:

246Q

Market Area:

Magnolia/1488 West

Exterior Features

Lot Description:

Wooded

Controlled Access:

Automatic Gate

Water Sewer:

No Sewer

Cable:

Available

Phone:

Available

Electric:

Electric Available

Gas:

Gas Available

Road Surface:

Asphalt

Unit Location:

Wooded

Additional Information

List Type:

Exclusive Right to Sell/Lease

HOA Mandatory:

Yes

Buyer Agent Compensation*:

Sub Agent Compensation*:

*Disclaimer: Listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Financial Information

Financing Considered:

Cash Sale, Conventional, FHA, Texas Veterans Land Board, USDA Loan, VA

Other Fees:

Maintenance Fee:

Yes / $740 / Annually

Maint Fee Includes:

Limited Access Gates

Taxes w/o Exemp:

$1, 492/2021

Tax Rate:

1.9722

Selling Agent and Brokerage

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SELLING BROKER

KD Dominion Estates

7941 Katy Freeway, Ste#439
Houston, TX, 77024

Property Tax

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Cost/sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$--	$202,300	48.54%	$202,300	48.54%
2022	$--	$136,190	80.00%	$136,190	80.00%
2021	$--	$75,660	0.00%	$75,660	0.00%
2020	$--	$75,660	0.00%	$75,660	0.00%
2019	$--	$75,660	20.65%	$75,660	20.65%
2018	$--	$62,710		$62,710

2023 Montgomery County Appraisal District Tax Value

Market Land Value:	$202,300
Market Improvement Value:	$0
Total Market Value:	$202,300

montgomery County Appraisal District

2023 Tax Rates

EMERGENCY SVC DIST 10:	0.0852 %
MONTGOMERY COUNTY:	0.3742 %
MONTGOMERY CO HOSPITAL:	0.0502 %
LONE STAR COLLEGE:	0.1078 %
MAGNOLIA ISD:	1.1472 %
Total Tax Rate:	1.7646 %

Estimated Mortgage/Tax

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$1,176 Monthly

Estimated Monthly Principal & Interest (Based on the calculation below)	$ 878
Estimated Monthly Property Tax (Based on Tax Assessment 2023)	$ 297297
Home Owners Insurance	Get a Quote

List Price

Loan Term

Months

Years

Down Payment

Annual Interest Rate

Estimated Monthly Principal & Interest

Calculate View Amortization Table

Use this mortgage calculator to create and estimate your monthly mortgage payment(principal and interest) and estimates for property taxes(based on past rates).

Subdivision Facts

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2023 Subdivision Facts

Subdivision Name:

Indigo Ranch

County / Zip Code:

77355

Single Family Properties:

143

Average Bedrooms:

Average Baths:

3.41

Median Square Ft.:

2,926

Median Lot Square Ft.:

86,336

Median Year Built:

2006

Median Appraised Value:

$559,880

Neighborhood Value Range:

$408 - $825 K

Median Price / Square ft.:

$191.38

View Price Trends for Indigo Ranch

Schools

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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.