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$314,862

NAL Estimated Property Value

16939 Needle Tea Court, Magnolia, TX, 77355

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,170 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.13 / 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

APN5399-00-05900
Lot Number19
SubdivisionGrand Pines
Land UseResidential Single Family
Legal DescriptionS539900 - GRAND PINES 01, BLOCK 4, LOT 19
Census Tract690102
Assessed Land Value$50,000
Assessed Improvement Value$264,862
Assessment Year2025

About this property

FABULOUS NEW D.R. HORTON BUILT 4 BEDROOM IN GRAND PINES! PREMIUM LOT LOCATION ON A CUL DE SAC LOT ADJACENT TO THE POOL & AMENITIES. Sought-After Interior Layout with Two Bedrooms & Two Full Baths Downstairs! Island Kitchen with Abundant Cabinetry & Corner Pantry Opens to Light & Bright Dining Area AND to Supersized Living Room! Privately Located First Floor Primary Suite Features Lovely Bath with Large Shower & Big Walk-In Closet! Guest Suite/Second Bedroom with Adjoining Full Bath is Also Downstairs! Versatile Gameroom + Two Generously Sized Secondary Bedrooms Up! Covered Patio Included! Great Community with Easy Access to the Grand Parkway, the City of Tomball, & the Rapidly Growing City of Magnolia! Estimated Completion -July 2024.

Investor Tools

Property Icon
$314,862
Estimated Property Value
$306,977Estimated Mortgage Balance
$7,885Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,929 /month
Positive
Cash Flow Estimate:
$643 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$221/month
$525/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,079
$314,862
2025
$50,000
$264,862
$314,862
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,079
$314,862

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$316,388
Yes
First
Sep 27, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$306,977
$7,885
2%
97%
$1,897/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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16939 Needle Tea Court | Property Details | No Agent List