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$1,385,000

NAL Estimated Property Value

1720 Magnolia Lane, Kingwood, TX, 77339

Off MarketInfo
Beds5 Beds
Baths7 Bath
Baths7,400 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.05 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony, Outdoor Kitchen
Lot Size1.02 acres

Building Information

Year Built2008
Stories1
Garage Spaces7

Land Information

APN0952750000010
Lot Number10
SubdivisionForest Cove U/R
Land UseResidential
Legal DescriptionLT 10 BLK 19 FOREST COVE SEC 5 U/R
Census Tract251100
Assessed Land Value$136,160
Assessed Improvement Value$1,013,840
Assessment Year2025

About this property

Gorgeous custom-designed home on a 1-acre lot in upfront Kingwood Forest Cove with easy access to Hwy 59. This home lives like a one-story with 3 bedrooms down, each with en suite baths, and is ideal for next-gen living. Enter through stately double doors into a grand foyer. Formal dining, private office, and a spacious family room open to a chef’s kitchen with a large island and a separate back/prep kitchen. Bonus/yoga room, oversized utility, and mudroom. Beautiful wood floors and craftsmanship throughout. Upstairs offers 2 additional bedrooms with en suite baths, plus a media room, game room, and bonus room. Oversized 3-car garage. Large covered patio with outdoor kitchen overlooking the expansive lot. Separate workroom could be converted with AC into a sunroom, gym, or apartment. The home has never flooded.

Investor Tools

Property Icon
$1,385,000
Estimated Property Value
$476,842Estimated Mortgage Balance
$908,158Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,394 /month
Positive
Cash Flow Estimate:
$2,798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,172/month
$195/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,141
$1,150,000
2025
$136,160
$1,013,840
$1,150,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,141
$1,150,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Community Bank Na
Unknown
$650,000
No
First
Feb 28, 2008
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$476,842
$908,158
65%
34%
$19,868/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: Kingwood

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1720 Magnolia Lane | Property Details | No Agent List