Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View
A
NoAgentList RatingHow are grades calculated? Info

$461,000

1218 Virgie Community Rd, Magnolia, TX, 77354

$599,300 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,533 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.17 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Range, Dryer, Refrigerator, Washer
FlooringTile, Vinyl

Exterior

Lot Size3.04 acres

Building Information

Year Built1983
Stories2
Roof Type105

Land Information

APN0343-00-02320
SubdivisionMury Bartley
Land UseResidential
Legal DescriptionA0343 MURY BARTLEY, TRACT 23A1, ACRES 3.042
Census Tract690405
Assessed Land Value$121,680
Assessed Improvement Value$220,197
Assessment Year2025

About this property

Very well maintained home. Large family area open to breakfast area and kitchen. Lots of light. Kitchen with tons of storage. Utility room in house. Two bedrooms downstairs. Very nice secondary bath. Master is upstairs and has a large master bath suite and a sitting room. Also a balcony overlooking back yard. The owner is next door and has a swimming pool with is not accessible to tenant. Tenant has a small yard in the back to mow and a small portion of the front. Landlord will split trash pick up with tenant so tenant doesn't have to apply for pick up. Must have good credit and good rental history

Investor Tools

Property Icon
$461,000
Estimated Property Value
$140,000Estimated Mortgage Balance
$398,153Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$599,300
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,766 /month
Positive
Cash Flow Estimate:
$922 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$392/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,401
$337,429
2025
$121,680
$220,197
$341,877
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,401
$337,429

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Taylor Bean & Whitaker Mortgage Corp
Stand Alone First / Home Equity First Lien
$140,000
No
First
Oct 6, 2005
Nov 2020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$62,847
$403,153
86%
14%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...