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$837,000

NAL Estimated Property Value

2319 Blue Lake Dr, Magnolia, TX, 77354

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,692 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$243.74 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher

Exterior

Lot Size1.54 acres

Building Information

Year Built1997
Stories2
Roof Type105
Garage Spaces2

Land Information

APN7281-02-06800
Lot Number13
SubdivisionMontgomery Trace 02
Land UseResidential
Legal DescriptionMONTGOMERY TRACE 02, BLOCK 2, LOT 13
Census Tract690501
Assessed Land Value$192,750
Assessed Improvement Value$403,932
Assessment Year2025

About this property

WELCOME HOME! This stunning home in Montgomery Trace sits on a 3.5 ACRE lot giving plenty of room for your outdoor projects and adventures. 40X40 shop which includes 40X16 covered carport area. Hard flooring throughout the home with carpet located in the oversized flex/gameroom. Large bedrooms throughout the home. Newly updated bathrooms. Abundant natural lighting! Cozy up with a double sided fireplace from the living room into the kitchen and an additional fireplace in the primary bedroom! Automatic driveway gate, vinyl fence around the property, and an additional interior fiberglass fence at the back of the home. This home is a MUST SEE. Schedule your appointment today!

Investor Tools

Property Icon
$837,000
Estimated Property Value
$1,295,190Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,399 /month
Positive
Cash Flow Estimate:
$1,800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,236/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,649
$596,682
2025
$192,750
$403,932
$596,682
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,649
$596,682

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
N/A
Unknown
$700,000
No
First
May 5, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,295,190
N/A
0%
155%
$7,539/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: Magnolia

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2319 Blue Lake Dr | Property Details | No Agent List