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B+
NoAgentList RatingHow are grades calculated? Info

$415,000

22703 Rainfern Dr, Magnolia, TX, 77355

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,001 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.85 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Range, Dishwasher

Exterior

Lot Size22,730 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces5

Land Information

APN3415-12-47300
Lot Number13
SubdivisionClear Creek
Land UseResidential
Legal DescriptionCLEAR CREEK FOREST 12, BLOCK 15, LOT 13, ACRES 0.520
Census Tract690101
Assessed Land Value$54,690
Assessed Improvement Value$359,310
Assessment Year2025

About this property

Welcome to this beautiful home in Clear Creek Forest! 3-bedroom 2.5-bathroom split floorplan with a lot of natural light. Master bedroom is a great size with an attached sitting area, master bath has double sinks, separate shower and garden tub. Secondary bedrooms are also a great size with a shared bathroom and huge closets for all your storage needs. Kitchen has white cabinets with nice granite countertops, with a good-sized island for prepping for those family dinners. Stainless steel appliances that all convey with the house. Big living room with vaulted ceilings with wood burning fireplace overlooking the dining room with built in cabinets. Huge pantry with a ton of storage. Enormous laundry room with storage cabinets and washer and dryer that convey with the property. In addition, a huge workshop/garage that is detached but has access from the driveway. This property has it all.......Schedule you're showing today before its gone!

Investor Tools

Property Icon
$415,000
Estimated Property Value
$368,125Estimated Mortgage Balance
$68,926Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$564/month
$212/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,690
$414,000
2025
$54,690
$359,310
$414,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,690
$414,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trustmark National Bank
Conventional
$368,125
No
First
Feb 9, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$346,074
$67,926
16%
83%
$2,208/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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22703 Rainfern Dr | Property Details | No Agent List