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$185,000

$199,000

21456 Magnolia Dr, New Caney, TX, 77357

On MarketInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths1,390 Sq Ft
price_per_sqft$133.09 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringLaminate

Exterior

Lot Size7,000 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces1

Land Information

APN9355-03-00200
Lot Number2
SubdivisionTwin Village Estates
Land UseResidential
Legal DescriptionTWIN VILLAGE ESTATES 03, LOT 2
Census Tract692501
Assessed Land Value$1,596
Assessed Improvement Value$207,441
Assessment Year2025

About this property

Buyer got cold feet during option, no repairs were requested. This 4-bedroom, 1.5-bath home delivers comfort, value, and serious extras. The kitchen stands out with granite countertops, electric appliances, and a refrigerator that stays. Even better—washer, dryer, and deep freeze are all included. Enjoy peace of mind with a slab foundation (no known issues), no history of flooding, a 2021 HVAC system, an upgraded composite roof, updated electrical panel including a generator port and updated plumbing. The enclosed back porch (approx. 9’ x 20’) adds versatile living space, perfect for relaxing or entertaining. Step outside to a backyard oasis featuring mature fig, apple, and orange trees, two storage sheds, a parking awning, and convenient secondary access from Baptist Encampment Dr. Bonus: curtains and rods, garage items, and all appliances convey. Move-in ready, packed with value, and priced to sell—schedule your showing today before it’s gone.

Investor Tools

$0Estimated Mortgage Balance
$199,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month

Interested in this property?

Joel McGrath

McGrath Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$98/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$185
$73,011
2025
$1,596
$207,441
$209,037
No

Tax History

Year
Tax Paid
Assessed Value
2024
$185
$73,011

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Department Of Veterans Affairs
Seller Carryback / Seller Financing / Seller Take-Back
$38,975
No
First
Mar 19, 1996
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$203,000
100%
0%
$0/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: New Caney

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