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$230,719

NAL Estimated Property Value

10623 Royal Magnolia Dr, Conroe, TX, 77303

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,063 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.92 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Oven
FlooringTile, Vinyl

Exterior

Lot Size11,850 sqft

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces4

Land Information

APN8470-02-13000
Lot Number1129
SubdivisionRoyal Forest 02
Land UseResidential
Legal DescriptionROYAL FOREST 02, LOT 1129
Census Tract694104
Assessed Land Value$26,663
Assessed Improvement Value$204,056
Assessment Year2025

About this property

This is a charming home on a large corner lot where you can enjoy country living. With 3 bedrooms, 2 baths plus large living area. Detached 2 car garage includes climate control storage area. You will fall in love with the oversized backyard where you can enjoy the quite on your back deck! Schedule your showing today so you dont miss out on this opportunity

Investor Tools

Property Icon
$230,719
Estimated Property Value
$47,969Estimated Mortgage Balance
$182,750Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,384 /month
Positive
Cash Flow Estimate:
$461 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$235/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,664
$230,719
2025
$26,663
$204,056
$230,719
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,664
$230,719

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranty Bank & Trust Na
Commercial
$50,000
No
First
Feb 2, 2024
Feb 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$47,969
$182,750
79%
21%
$300/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.

Explore Texas Explore This Area
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: Conroe

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10623 Royal Magnolia Dr | Property Details | No Agent List