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$344,000

NAL Estimated Property Value

16934 Needle Tea Court, Magnolia, TX, 77355

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,561 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.49 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Microwave, Gas Range, Dishwasher, Oven
FlooringCarpet, Vinyl

Building Information

Year Built2024
Stories2
Roof Type105
Garage Spaces2

Land Information

APN5399-00-05700
Lot Number17
SubdivisionGrand Pines
Land UseResidential Single Family
Legal DescriptionS539900 - GRAND PINES 01, BLOCK 4, LOT 17
Census Tract690102
Assessed Land Value$50,000
Assessed Improvement Value$284,440
Assessment Year2025

About this property

FABULOUS NEW D.R. HORTON BUIL 4 BEDROOM IN GRAND PINES! PREMIUM OVERSIZED LOT ON CUL DE SAC ADJACENT TO POOL & AMENITIES! Versatile interior layout with home office/ study and Gameroom! Impressive Foyer Leads to Gourmet Island Kitchen with corner pantry, spacious dining area & Adjoining living room! Privately located first floor primary suite boasts luxurious bath with TWO HUGE Walk-in closets and large shower! Home office/study with walk-in storage closet and access to under stair storage area! Huge Gameroom and three generously sized secondary bedrooms (One with walk-in closet) Up! Convenient indoor utility room! Covered patio and sprinkler system included! Great community with pool and playground - PLUS Easy access to the Grand Parkway, the city of Tomball, and the Rapidly growing city of Magnolia! Estimated completion July 2024!

Investor Tools

Property Icon
$344,000
Estimated Property Value
$154,747Estimated Mortgage Balance
$189,253Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,067 /month
Positive
Cash Flow Estimate:
$689 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$233/month
$525/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,079
$334,440
2025
$50,000
$284,440
$334,440
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,079
$334,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$160,000
No
First
Jul 31, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,747
$189,253
55%
45%
$960/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.

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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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16934 Needle Tea Court | Property Details | No Agent List