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
Disclaimer: 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”.
Last updated on: 11/21/2024, 12:20:50 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
YEAR
PROP. TAX
ASSESSMENT
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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,062
Per Month
Principal & Interest
$2,995
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,865
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Decker Prairie Elementary School
27427 Decker Prairie Rosehill
Distance between this listing and this school0.87 miles
Public District Grades PK-4
7
/10
Tomball Elementary School
1110 Inwood St
Distance between this listing and this school2.38 miles
Public District Grades EE-4
6
/10
Tomball Intermediate School
723 W Main St
Distance between this listing and this school2.98 miles
Public District Grades 5-6
Nearby Schools
6
/10
Tomball Junior High School
30430 Quinn Rd
Distance between this listing and this school1.69 miles
Public District Grades 7-8
9
/10
Creekside Park Junior High School
8711 Creekside Green Dr
Distance between this listing and this school5.36 miles
Public District Grades 6-8
7
/10
Hofius Intermediate School
8400 W Rayford Rd
Distance between this listing and this school5.90 miles
Public District Grades 6-8
Nearby Schools
6
/10
Tomball High School
30330 Quinn Rd
Distance between this listing and this school1.76 miles
Public District Grades 9-12
8
/10
Tomball Star Academy
30330 Quinn Rd
Distance between this listing and this school1.76 miles
Public District Grades 9-12
3
/10
Comquest Academy
207 Peach St
Distance between this listing and this school2.92 miles
The neighbors living near this home have an average income of $73,140. Typical income of Magnolia, TX residents is between $35k-100k annually. Typical family type is married, with kids. The majority of residents in this area 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 $600,000.
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 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).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
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 $600,000.
Over 16 listings were sold over their listed price in October 2024 in Magnolia, TX. In the same period over 57 listings were sold below the listed price and 29 listings were sold for the listed price. The number of homes for sale in Magnolia, TX increased by 8.5% between September 2024 and October 2024. In October 2024 median list price was $370,000 and the average listing age was 43 days.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: 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”. 
College Football
College Football
NASCAR
Extreme Sports
Best Buy
Express/Express For Men
Dick's Sporting Goods
Texas Roadhouse
Sonic
Arbys
Ram
Kia
GMC
Contemporary Christian
New Country
Adult Hits