1 year on rocket

514 Ruby Ln, Magnolia, TX, 77354

$615,000

3 Bedrooms
2 Full Baths
2.74 Acres
$300/SqFt
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
Year Built2005
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #26944927
Lot Size2.74 Acres
StatusActive

About 514 Ruby Ln

Introducing 514 Ruby Ln! Explore 2.74+/- acres of prime real estate, partially cleared and ready for your business venture. Ideal for HVAC, plumbing, storage facilities and more, catering to the growing residential demand in the vicinity. Seize this opportunity in a strategic location with significant residential development nearby. The manufactured home on the property is not included in the sale and will be removed

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Stories: 1
  • Living Area: 2,048 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty - CyFair
  • Office Phone: (281) 304-5900
  • Listing Agent: Quenton Rockwell

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 2.74 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Tomball High School, Public District Grades 9-12
  • Tomball Jr High School, Public District Grades 7-8
  • Tomball Intermediate School, Public District Grades 5-6
  • Decker Prairie Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: Going North on SH 249, turn onto Morris Rd. Go down about 700 ft and turn right onto Ruby. Property will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $615,000
  • Price Per SqFt: $300/SqFt

Tax Information:

  • Annual Amount: $1,672
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Magnolia, TX.

Med. Sold Price

$388.7K

Med. Price/SqFt

$177

Avg. Days On Market

47

# of Sold Homes

101

514 Ruby Ln vs Magnolia

570 DAYS ON ROCKET

+523 Days

$615,000

+$226.2K More

$300/SqFt

+$123 More

KEY TAKEAWAY

This property is $226.2K more than the Median Sold Price and $123/SqFt more than other homes in Magnolia, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #26944927

Listing Office:

  • Office Name: Coldwell Banker Realty - CyFair
  • Office Phone: (281) 304-5900
  • Listing Agent: Quenton Rockwell

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/6/2024, 2:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,672$116,420
2020$1,928$105,840
2019$1,814$96,220
2017$1,836$88,230

History based on county public records data.

Payment Calculator

$3,137

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,910

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6940996
8
/10
  • Decker Prairie Elementary School

  • 27427 Decker Prairie Rosehl Rd

  • 0.87 miles

  • Public District Grades PK-4

Middle School

school-card-donut-6940997
7
/10
  • Tomball Jr High School

  • 30430 Quinn Rd

  • 1.68 miles

  • Public District Grades 7-8

school-card-donut-6940998
7
/10
  • Tomball Intermediate School

  • 723 W Main St

  • 3.01 miles

  • Public District Grades 5-6

High School

school-card-donut-6940999
6
/10
  • Tomball High School

  • 30330 Quinn Rd

  • 1.74 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,140. Most Magnolia, TX residents have annual incomes between $35k-100k. Typical family type is married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 514 Ruby Ln

What is the listing price of this property?

The listing price of 514 Ruby Ln property is $615,000.

What type of property is this?

The property 514 Ruby Ln is land located in Magnolia, Texas, 77354.

Is this property for sale now?

Active Listing: 514 Ruby Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 514 Ruby Ln are:
Decker Prairie Elementary School: GreatSchools Rating 8/10
Tomball Jr High School: GreatSchools Rating 7/10
Tomball Intermediate School: GreatSchools Rating 7/10
Tomball High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,672 (source: MLS/based on county public records data).

How much acreage is this property?

The property 514 Ruby Ln is 2.74 acres.
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Rocket HomesTexasMontgomery CountyMagnolia77354514 Ruby Ln

This home is located at 514 Ruby Ln in Magnolia, TX and zip code 77354. This 2,048 square foot home, which was built in 2005, sits on a 2.74 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 13, 2022 and is currently priced at $615,000.

While more than 18 listings in Magnolia, TX in April 2024 were sold above asking price, there were more than 17 listings sold at asking price, and more than 66 were sold below. The inventory of homes for sale in Magnolia, TX between March 2024 and April 2024 increased by 13.6%. Listings spent 47 days on the market in April 2024, and had a median list price of $388,781 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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