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$313,217

237 Augustine Way, Magnolia, TX, 77354

SoldInfo
7/01/26
Beds3 Beds
Baths2 Bath
Baths2,078 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.11 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,841 sqft

Building Information

Year Built2023
Stories1
Roof Type105
Garage Spaces2

Land Information

APN7122-16-01900
Lot Number10
SubdivisionMagnolia Ridge Forest 16
Land UseResidential
Legal DescriptionS712216 - MAGNOLIA RIDGE FOREST 16, BLOCK 2, LOT 10
Census Tract690300
Assessed Land Value$50,000
Assessed Improvement Value$263,217
Assessment Year2025

About this property

This amazing home features an open floor plan with a HUGE living room, a large island kitchen, and a large dining area. The primary suite is beautiful with lots of room. The two secondary bedrooms have ample room, and the study/flex room is 16X11....so much room! This home has gorgeous colors and finishes & is very clean and well kept. Plus, a whole home generator was recently installed so you don't ever have to worry about losing power again! All this sits on a nice size corner lot with plenty of yard space and a covered patio. Truly one of the best floor plans that was built in this neighborhood!

Investor Tools

Property Icon
$313,217
Estimated Property Value
$284,747Estimated Mortgage Balance
$40,940Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,879 /month
Positive
Cash Flow Estimate:
$626 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$644/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,167
$313,217
2025
$50,000
$263,217
$313,217
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,167
$313,217

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Fha
$284,747
Yes
First
Feb 23, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$272,277
$40,940
13%
87%
$1,708/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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237 Augustine Way | Property Details | No Agent List