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$557,000

NAL Estimated Property Value

1023 Box Elder Dr, Magnolia, TX, 77354

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,690 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.41 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Cooktop, Gas Oven, ENERGY STAR Qualified Appliances
FlooringCarpet, Tile

Exterior

Lot Size20,000 sqft

Building Information

Year Built2019
Stories1
Roof Type105
Garage Spaces2

Land Information

APN9495-04-27300
Lot Number36
SubdivisionWestwood 04
Land UseResidential
Legal DescriptionS949504 - WESTWOOD 04, BLOCK 5, LOT 36
Census Tract690501
Assessed Land Value$80,000
Assessed Improvement Value$476,211
Assessment Year2025

About this property

Beautiful single story custom home in much desired Westwood. Home built on half acre corner lot and features stone & stucco on the exterior, large kitchen island, wood look tile flooring in all living areas, a covered back porch with gas, water & electrical connections ready for your outdoor kitchen. You'll enjoy the spacious & luxurious master suite bath & dual entry shower. The large laundry room has the room you need to comfortably do even the largest of laundry loads. Conveniently located within minutes to The Woodlands and Lake Conroe. Easy access to great shopping, dining and entertainment. Fourth bedroom can be converted to study/office. Buyer to independently verify all room measurements.

Investor Tools

Property Icon
$557,000
Estimated Property Value
$342,083Estimated Mortgage Balance
$214,917Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,342 /month
Positive
Cash Flow Estimate:
$1,114 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$800/month
$175/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,811
$556,211
2025
$80,000
$476,211
$556,211
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,811
$556,211

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Fha
$301,180
Yes
First
Jun 17, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$342,083
$214,128
38%
61%
$2,286/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.

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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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1023 Box Elder Dr | Property Details | No Agent List