Homes for Sale/Montgomery County/Magnolia/Mustang Ridge
Active MLS #64670058 · 3 days on market

562 Broken Boulder Street

Magnolia, TX 77354
Subdivision  ·  Mustang Ridge
List Price
$220,000
$162/SF
Beds
3
Baths
2
Sq Ft
1,357
Built
2023
Lot
5,911 sf
Garage
2-car
County
Montgomery
Tax Rate
3.03%

Schools

§ 03
District
Elementary WILLIE E WILLIAMS EL B
Middle MAGNOLIA PARKWAY J H N/R
High MAGNOLIA WEST H S CCMR 98% · Grad 97% B
TEA accountability ratings reflect 2024–25 where available. School attendance zones are subject to district redistricting — confirm directly with the district before making a school-based decision.

Overview

§ 01

Welcome to this well-maintained 3-bedroom, 2-bath home in the Mustang Ridge community. This single-story home offers a comfortable and functional layout with an open living area and plenty of natural light. Currently tenant occupied and rented through March 31, 2027, offering an investor the opportunity for immediate rental income with a tenant already in place. Conveniently located near shopping, dining and major roadways.

Features

§ 02

Interior

  • All Bedrooms Down
  • Breakfast Bar
  • Double Vanity
  • Kitchen Family Room Combo
  • Pantry
  • Separate Shower
  • Walk In Closets
  • Dishwasher
  • Gas Range
  • Carpet
  • Tile
  • Heat: Central
  • Heat: Electric
  • Cool: Central Air
  • Cool: Electric

Exterior & lot

  • Other
  • Roof: Composition
  • Foundation: Slab
  • Attached
  • Garage

Community

  • Style: Traditional

Property Details

§ 03 · Full MLS record

Property

Property Type Residential
Property Sub Type Detached
Architectural Style Traditional
Year Built 2023
Year Built Source Builder
New Construction No
Builder Name kb Homes

Building

Stories 1
Levels One
Living Area 1,357 sq ft
Living Area Source Builder
Building Area Total 1,357 sq ft
Foundation Slab
Construction Brick
Roof Composition

Rooms & Baths

Bedrooms 3
Bedrooms Possible 3
Bathrooms (total) 2
Bathrooms Full 2
Bathrooms Half 0
Rooms Total 3

Interior

Interior Features All Bedrooms Down, Breakfast Bar, Double Vanity, Kitchen Family Room Combo, Pantry, Separate Shower, Walk In Closets
Flooring Carpet, Tile
Appliances Dishwasher, Gas Range

Exterior

Pool Private No

Parking & Garage

Garage Spaces 2
Attached Garage Yes
Parking Features Attached, Garage

Lot

Lot Size (sq ft) 5,911
Lot Size (acres) 0.1357
Lot Size Source Appraiser
Lot Features Other

Location

County Montgomery
MLS Area Major 15
MLS Area Minor Magnolia/1488 West
Subdivision Mustang Ridge
Postal Code 77354

Utilities

Heating Central, Electric
Cooling Central Air, Electric
Water Source Public
Sewer Public Sewer

HOA / Association

HOA Yes
HOA Name King Property Management

Taxes, Terms & Disclosures

Tax Annual Amount $6,661 <small style="color:#6b7280">· from 2025 county roll</small>
Tax Year 2025 (county roll)
Tax Rate (est.) 3.03%
Parcel # 531279
Legal Description S737502 - MUSTANG RIDGE 02, BLOCK 2, LOT 12
Listing Terms Cash, Conventional, Investor Financing
Lease Considered No

Room Layout

§ 04 · 3 rooms · MLS-supplied

Main level · 3

Primary Bedroom 0X0
Bedroom 0X0
Bedroom 0X0

MUD Disclosure (§49.452)

§ 03 · Data moat
● §49.452 Notice on file
1.0100
TOTAL TAX RATE · PER $100 ASSESSED · latest on file
JurisdictionMontgomery County MUD 108 CountyMontgomery TCEQ District ID5855625 Bonded indebtedness$216,742,500 Current year rate— FetchedApr 23, 2026
● Rate not extracted
● What this tells you

The §49.452 notice is the only public document that lists a MUD's exact tax rate, outstanding bond debt, and the assessed value used to compute your taxes — direct from the district, not the MLS. If the district is newer or has more bonds outstanding than its neighbors, your effective tax rate will be higher here than just across the street.

Listing's rolled-up MUD rate 1.0100 Resolved MUD jurisdiction Montgomery County MUD 108 Match confidence —

Taxes & Cost of Ownership

§ 04
● Estimated monthly payment
$1,876
30-YR FIXED · ADJUST ASSUMPTIONS BELOW
%
%
Principal & interest$1,321 Property tax$555 Homeowners insuranceTBD
Subtotal (P&I + Tax) $1,876

Illustrative only, not a quote. P&I assumes the values entered above. Insurance and HOA dues vary — consult licensed lender and insurance agent for accurate quote.

● Effective tax rate · 3-year history
2.8185%
ALL 7 TAXING DISTRICTS · 2025 BILL
202320242025
MUD
1.01%
→ stable
School
0.96%
→ stable
City
0.23%
→ stable
County
0.38%
→ stable
Other districts
0.25%
→ stable

HOA & Community

§ 05
● HOA details
$350
ANNUALLY
Association nameKing Property Management Management co.— Websitevisit Phone(281) 668-3975 Cert on filehoa.texas.gov
● Community amenities
restaurant
The Meating Place BBQ · 0.2mi
Smokin D's Bbq Fusion Bar & Grill · 0.2mi
Whataburger · 0.3mi
park
· 0.3mi
· 0.6mi
· 0.3mi
grocery
7-Eleven · 0.4mi
Time Mart · 0.6mi
ALDI · 0.5mi
bank
Wells Fargo Bank · 0.5mi
Regions Bank · 0.8mi
Prosperity Bank · 0.8mi
gas_station
Shell · 0.5mi
Conoco · 0.7mi
pharmacy
Walgreens · 0.5mi
CVS Pharmacy · 0.8mi
Walgreens · 0.6mi

Broadband & Connectivity

§ 06 · Rolled up from MLS
● Max advertised speed at this address
8,000 Mbps
Fiber available · cable ok
Fiber to the Premises
Ezee Fiber
8,000 / 8,000 Mbps
● LOW LATENCY
Fiber to the Premises
AT&T
5,000 / 5,000 Mbps
● LOW LATENCY
Coaxial Cable
Xfinity
2,000 / 250 Mbps
● LOW LATENCY
Licensed Fixed Wireless
Nextlink
500 / 100 Mbps
● LOW LATENCY
Licensed Fixed Wireless
Verizon
300 / 20 Mbps
● LOW LATENCY
NGSO Satellite
Starlink
280 / 30 Mbps
● LOW LATENCY
Licensed Fixed Wireless
T-Mobile
100 / 20 Mbps
● LOW LATENCY
Copper
AT&T
100 / 20 Mbps
● LOW LATENCY
+ 3 additional provider(s)

Environmental Risk

§ 08
X
FEMA Zone
Zone X · Minimal risk
Outside 100-year and 500-year floodplains. No flood insurance required by lender.
PANEL 48339C SFHA NO SOURCE 48339C_STUDY1
🌡 Heat days >95°F
57 days/yr above 95°F
Plus 12 days above 100°F. NOAA station records, 2016-2025 average.
💨 30-day air quality
AQI 51 · Moderate
Average daily AQI for the 30 days ending 2026-02-28. EPA AQS county monitors. Higher = worse.
🌵 Drought (current)
No drought (D1 or worse)
US Drought Monitor county reading, week of 2026-09-22.
Sources: FEMA NFHL · NOAA GHCN-Daily · EPA AQS · US Drought Monitor. Climate rollup last computed Sep 26, 2026.

Recent Comparable Sales

§ 09
4 comparable sales nearbyAddress-level sold detail is available to registered users. Reach out to Allen for the full comparable-sales report.

Subdivision & Master Plan

§ 10
● Master plan
Mustang Ridge
TIER: SUBDIVISION
Subdivision name (MLS)Mustang Ridge City · ZIPAlvin · 77511 CountyBrazoria Listings in subdivision271 Active now11 Sold (last 12 mo)13 Curated amenities60
● Year-built distribution
2020s 6 2025s 5

Fire Protection

§ 11
Nearest station
Magnolia Volunteer Fire Department Station 181
Distance
1.0 mi
Straight-line from listing
ISO rating
—
Future data point
Avg. response
—
From incident log (future)

Neighborhood Demographics

§ 12 · Census tract 48339690300 · ACS 2023
Median HH income
$69,957
ACS 2023
Median home value
$282,100
Census self-report
Owner-occupied
79%
1,889 housing units
Bachelor's+
31%
Adults 25+
Median age
37.5
Population 5,313
Work from home
26%
of commuters
Commute 45min+
13%
of commuters
Below poverty
6.7%
tract-level

Amenities & Nearby Places

§ 13

Active listing — amenities should populate from the go-live pipeline. Click to fetch now if missing.

Location & Neighborhood

§ 13
● This Home
562 Broken Boulder Street, Magnolia, TX 77354
Montgomery County · 30.22°N, 95.76°W
restaurant
The Meating Place BBQ
0.2 mi · 8 within 2 mi
park
—
0.3 mi · 4 within 2 mi
grocery
7-Eleven
0.4 mi · 3 within 2 mi
bank
Wells Fargo Bank
0.5 mi · 1 within 2 mi
Interactive map coming in v0.2 — currently showing schematic placement.
● Listing History
Sep 24, 2026 Listed $220,000 Haries Padavathil
Dec 31, 2022 Built —
Status change events from HAR MLS (future: full audit trail)
● Disclosures & Attribution
Listed by Haries Padavathil · Land & Luxe Realty
Data provided by Houston Realtors Information Service (HAR MLS). Information deemed reliable but not guaranteed. All measurements, square footage, and school assignments should be independently verified. HAR MLS content last updated Sep 25, 2026.
MLS# 64670058 · LIST DATE: Sep 24, 2026 · PARCEL: 531279
R
EHO
REALTOR® · Equal Housing Opportunity
HAR.com Copyright © 2026, Houston Realtors Information Service, Inc. Deemed reliable, not guaranteed — independently verify. HARMLS last updated Sep 27, 2026, 2:43 AM CDT. Properties may subsequently be sold or off-market. Equal Housing Opportunity