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$211,000

NAL Estimated Property Value

123 Lee St, Magnolia, TX, 77354

$234,505 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,260 Sq Ft
price_per_sqft$111.11 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating ElectricHeating Electric
AppliancesMicrowave, Dishwasher

Exterior

Lot Size5,618 sqft

Building Information

Year Built1950
Stories1
Roof Type112

Land Information

APN7490-00-00700
Lot Number7
SubdivisionOak Forest Terrace 320
Land UseResidential
Legal DescriptionS749000 - OAK FOREST TERRACE 320, LOT 7
Census Tract690300
Assessed Land Value$6,461
Assessed Improvement Value$62,413
Assessment Year2025

About this property

Beautiful updated home located in a quiet neighborhood but with access to all amenities! Fully updated 3 bedroom and 1 full bathroom plus a large formal dining and living room. 12' high ceilings throughout. Completely remodeled home ready for move-in. Schedule your show today before it's gone!

Investor Tools

Property Icon
$211,000
Estimated Property Value
$134,631Estimated Mortgage Balance
$76,369Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$234,504
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,266 /month
Positive
Cash Flow Estimate:
$422 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$178/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,084
$68,874
2025
$6,461
$62,413
$68,874
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,084
$68,874

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$137,464
Yes
First
Mar 21, 2025
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$134,631
$66,369
33%
64%
$825/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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123 Lee St | Property Details | No Agent List