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$300,631

NAL Estimated Property Value

23238 Gallanda Dr, Magnolia, TX, 77354

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,949 Sq Ft
price_per_sqft$118.01 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size5,500 sqft

Building Information

Year Built2014
Stories1
Roof Type105
Garage Spaces2

Land Information

APN4066-06-08300
Lot Number31
SubdivisionDurango Creek
Land UseResidential
Legal DescriptionS406606 - DURANGO CREEK 06, BLOCK 3, LOT 31
Census Tract690404
Assessed Land Value$42,500
Assessed Improvement Value$258,131
Assessment Year2025

About this property

Here is your chance to own a property on the water in Durango Creek! This charming 4 bedroom home offers a split flexable floorplan. Kitchen, dining and living area are open to each other and provides a bright, open space for everyday life. It will be a pleasure to whip something up in the well-designed kitchen with it's  beautiful cabinetry, granite counters, stainless steel appliances and a large island that serves as both workspace and breakfast bar. The main living area offers a high, vaulted ceiling to enhance its spacious look.  Each living area flows into the next. Secondary bedrooms are spacious and are the pefect place to dream or play. The large master bedroom comes complete with ensuite, views of the water and is tucked away from the rest of the home for privacy. The grassy yard offers plenty space for outdoor activities and is sure to be a retreat from your busy life with no neighbors behind you! Come fall in love! Convenient to shopping and zoned to Magnolia ISD!

Investor Tools

Property Icon
$300,631
Estimated Property Value
$273,867Estimated Mortgage Balance
$26,764Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,804 /month
Positive
Cash Flow Estimate:
$601 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$414/month
$460/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,463
$300,631
2025
$42,500
$258,131
$300,631
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,463
$300,631

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$285,000
No
First
Mar 2, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,867
$26,764
8%
91%
$1,709/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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23238 Gallanda Dr | Property Details | No Agent List