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
Main property image
Days46Days on Market
Views2view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$450,000

16007 Long Neck Drive, Magnolia, TX, 77355

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,136 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.67 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Engineered Wood, Travertine

Exterior

Exterior FeaturesBack Green Space
Lot Size1.01 acres

Building Information

Year Built1984
Stories2
Roof Type105
Garage Spaces4

Land Information

APN2157-00-11600
Lot Number12-13
SubdivisionArmadillo Woods 01
Land UseResidential
Legal DescriptionS215700 - ARMADILLO WOODS 01, BLOCK 3, LOT 12, 13, ACRES 1.01
Census Tract690102
Assessed Land Value$44,000
Assessed Improvement Value$255,867
Assessment Year2025

About this property

Set on a full acre of unrestricted, fully fenced land, this Texas log cabin offers a rare blend of rustic character and thoughtful modern refinement. Framed by a wide, welcoming front porch, the home invites a slower pace where mornings begin with coffee outdoors and evenings under open skies. The living spaces are effortlessly connected, designed for both everyday comfort and seamless entertaining. The kitchen serves as the heart of the home, featuring quartz countertops, updated appliances, and classic subway tile backsplash. Significant system upgrades include plumbing and electrical, HVAC, double-pane windows, and full gutter installation. Other recent improvements, include a newly constructed 28x32 garage, enhanced driveway and walkways, improved insulation, fresh interior and exterior paint, and a newly installed main driveway gate. The grounds offer both privacy and flexibility, fully enclosed with dual gated access, ideal for those seeking space without restriction.

Investor Tools

$194,985Estimated Mortgage Balance
$150,015Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

Interested in this property?

Matthew Labita

Compass RE Texas, LLC - Memorial

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$321/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,127
$259,215
2025
$44,000
$255,867
$299,867
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,127
$259,215

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Conventional
$210,000
No
First
Jul 8, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,985
$150,015
43%
57%
$1,260/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...

16007 Long Neck Drive | Property Details | No Agent List