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$309,990

508 Bonnerville Ln, Magnolia, TX, 77354

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,739 Sq Ft
price_per_sqft$178.26 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Freestanding Oven, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher
FlooringCarpet, Laminate

Exterior

Lot Size6,326 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces1

Land Information

APN7122-04-01600
Lot Number2
SubdivisionMagnolia Ridge Forest 04
Land UseResidential
Legal DescriptionS712204 - MAGNOLIA RIDGE FOREST 04, BLOCK 2, LOT 2
Census Tract690300
Assessed Land Value$50,000
Assessed Improvement Value$207,954
Assessment Year2025

About this property

Welcome to this beautifully maintained 3-bedroom, 2-bath home in the sought-after Magnolia Ridge Forest community, zoned to Magnolia ISD. Thoughtfully upgraded throughout, this home blends modern elegance with a warm, inviting feel. The open-concept layout seamlessly connects the kitchen, dining, & family room, making it perfect for entertaining & everyday living. The versatile study is ideal for a home office, playroom, or flex space. The spacious primary suite features upgraded bay windows, creating the perfect sitting area, along with a refreshing ensuite offering dual vanities, a walk-in shower, separate garden tub, & a large walk-in closet. Step outside to a generously sized backyard with a covered patio, ideal for relaxing or hosting gatherings. Conveniently located just minutes from Hwy 249, you'll enjoy an easy commute along with close proximity to shopping, dining, & everyday conveniences. This move-in-ready home offers the perfect blend of style, comfort, and functionality.

Investor Tools

Property Icon
$260,000
Estimated Property Value
$223,101Estimated Mortgage Balance
$60,585Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month

Interested in this property?

Jared Turner

Turner Mangum,LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$623/month
$575/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,177
$257,954
2025
$50,000
$207,954
$257,954
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,177
$257,954

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
M/I Financial Llc
Conventional
$223,101
No
First
Feb 3, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,415
$60,585
23%
77%
$1,338/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Magnolia

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508 Bonnerville Ln | Property Details | No Agent List