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$730,000

NAL Estimated Property Value

12118 Rainy Oaks Dr, Magnolia, TX, 77354

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,588 Sq Ft
price_per_sqft$107.3 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Range, Double Oven, Gas Oven
FlooringCarpet, Tile, Wood

Exterior

Lot Size1 acre

Building Information

Year Built2002
Stories2
Roof Type105
Garage Spaces7

Land Information

APN9243-02-09500
Lot Number21
SubdivisionThousand Oaks 02
Land UseResidential
Legal DescriptionTHOUSAND OAKS 02, BLOCK 6, LOT 21
Census Tract690405
Assessed Land Value$89,000
Assessed Improvement Value$611,000
Assessment Year2025

About this property

Gorgeous 2 story, 5 bedroom, 3.5 bath on 1 acre in the gated community of Thousand Oaks. Oversized back porch and outdoor kitchen with built-in gas grill overlooking views of the beautifully landscaped back yard complete with stone enhancements. Indoor kitchen features stainless steel appliances, granite countertops, tile backsplash, durable slate flooring, and under cabinet lighting. Large master downstairs and 4 spacious bedrooms upstairs. Oversized game room upstairs. Rainsoft Water Softener. A/C & heating units tuned up seasonally in this impeccably maintained home. Easy access to FM 1488 and I-45 and just minutes from The Woodlands, Lake Conroe, downtown Magnolia and many other great destinations for shopping, dining, and entertainment.

Investor Tools

Property Icon
$730,000
Estimated Property Value
$244,661Estimated Mortgage Balance
$485,339Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,380 /month
Positive
Cash Flow Estimate:
$1,460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,046/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,898
$700,000
2025
$89,000
$611,000
$700,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,898
$700,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Credit Line (Revolving) / Heloc
$178,000
No
First
Dec 23, 2009
Jan 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,661
$494,339
66%
34%
$1,992/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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12118 Rainy Oaks Dr | Property Details | No Agent List