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$699,900

603 Running Iron Ln, Magnolia, TX, 77354

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,695 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$259.7 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher, Exhaust Fan
FlooringTile

Exterior

Exterior FeaturesBack Green Space, Sprinkler System
Lot Size30,382 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APN9298-00-07900
Lot Number11
SubdivisionTimber Hollow Phase 1 And 2
Land UseResidential
Legal DescriptionS929800 - TIMBER HOLLOW PHASE 1 AND 2, BLOCK 4, LOT 11
Census Tract690300
Assessed Land Value$80,000
Assessed Improvement Value$449,280
Assessment Year2025

About this property

A rare Magnolia opportunity where refined comfort meets the freedom of 0.7 acres. Located in the heart of Magnolia’s growth and just minutes from Hwy 249, 603 Running Iron Ln. offers exceptional space, character, and thoughtful design. The home features six versatile rooms, including four bedrooms, a dedicated office, and flex room, plus 3.5 baths. Soaring 12-foot ceilings and 8-foot doors throughout create an impressive sense of scale, while the carpet-free interior delivers a clean, elevated feel. The spacious kitchen is anchored by a large island perfect for gathering and entertaining. Ceiling fans in every bedroom add comfort, while unique details throughout give this home its warm, distinctive character. Outside, enjoy the expansive homesite and inviting firepit area, perfect for relaxing evenings or entertaining under the stars. A special opportunity to enjoy space, style, and convenience in one of Magnolia’s most exciting areas.

Investor Tools

$406,230Estimated Mortgage Balance
$123,050Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,199 /month
Positive
Cash Flow Estimate:
$1,400 /month

Interested in this property?

Omar Constante

Come Home Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,310/month
$1,045/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,070
$529,280
2025
$80,000
$449,280
$529,280
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2025
$13,070
$529,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Conventional
$435,166
No
First
Mar 13, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$406,230
$123,050
23%
77%
$2,610/mo

City: Magnolia

603 Running Iron Ln | Property Details | No Agent List