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$966,000

NAL Estimated Property Value

11942 Rainy Oaks Dr, Magnolia, TX, 77354

Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths4,175 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$239.28 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Double Oven, Electric Oven, Microwave, Electric Range, Dishwasher, Refrigerator
FlooringCarpet, Slate, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size2.47 acres

Building Information

Year Built2004
Stories2
Roof Type105
Garage Spaces2

Land Information

APN9243-02-10300
Lot Number29-30
SubdivisionThousand Oaks 02
Land UseResidential
Legal DescriptionS924302 - THOUSAND OAKS 02, BLOCK 6, LOT 29, 30, 31-B, ACRES 2.472
Census Tract690405
Assessed Land Value$220,008
Assessed Improvement Value$664,201
Assessment Year2025

About this property

Come see this stunning farmhouse on nearly 2.5 acres, featuring a park-like backyard, perfect for relaxing or entertaining. Watch deer as you enjoy the outdoor kitchen, fish in the pond, or unwind in the large resort-style pool. The spacious primary suite offers a spa-like bathroom and three closets with built ins. The updated kitchen showcases quartz countertops, double dishwashers and the flexible downstairs game room/flex space adds extra room for guests and entertaining. The charming front porch invites you in, while the gated community provides security and convenient access to local amenities, shopping, H-E-B, Hwy 249 and more! Backyard is equipped with an electric fence and pool has a chiller for hot Summer days! You won't want to miss this one of a kind property!

Investor Tools

Property Icon
$966,000
Estimated Property Value
$739,031Estimated Mortgage Balance
$226,969Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,994 /month
Positive
Cash Flow Estimate:
$1,998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,526/month
$2,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,482
$884,209
2025
$220,008
$664,201
$884,209
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,482
$884,209

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Chevron Fcu
Conventional
$750,000
No
First
Jul 31, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$739,031
$230,969
23%
77%
$4,497/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: Magnolia

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