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$318,682

NAL Estimated Property Value

126 Magnolia Point Dr, Houston, TX, 77336

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,659 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.79 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Cooktop, Dishwasher
FlooringTile

Exterior

Lot Size16,675 sqft

Building Information

Year Built1973
Stories1
Garage Spaces2

Land Information

APN0954560000006
Lot Number6,7
SubdivisionMagnolia Point U/R R/P
Land UseResidential
Legal DescriptionLTS 6 & 7 MAGNOLIA POINT U/R R/P
Census Tract251600
Assessed Land Value$130,624
Assessed Improvement Value$188,058
Assessment Year2025

About this property

Discover lakefront living at its finest in this beautifully remodeled 3-bedroom, 2-bath home featuring flexible spaces and stunning waterfront views. The open living area seamlessly connects to the updated kitchen, complete with a large island, abundant storage, soft-close cabinetry, and thoughtful features perfect for organization and everyday convenience. A spacious bonus room offers endless possibilities—use it as a game room, office, or second living area. Step outside to the covered patio overlooking the lake and enjoy peaceful sunsets! The property also includes parking and FULL RV hook-up!! With tasteful updates throughout, ample storage, and direct lake access, this home blends comfort, functionality, and scenic appeal—perfect for everyday living or a relaxing retreat. Tasteful updates throughout and direct lake access make this home the perfect blend of comfort, functionality, and scenic appeal—whether for everyday living or a relaxing retreat.

Investor Tools

Property Icon
$318,682
Estimated Property Value
$288,730Estimated Mortgage Balance
$29,952Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,912 /month
Positive
Cash Flow Estimate:
$637 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$344/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,534
$318,682
2025
$130,624
$188,058
$318,682
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,534
$318,682

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Unknown
$289,987
No
First
Feb 13, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$288,730
$29,952
9%
91%
$1,739/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,739/mo
$-17/mo
6.5%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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126 Magnolia Point Dr | Property Details | No Agent List