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Owner Contacts

$521,000

NAL Estimated Property Value

24503 Chipwood Dr, Magnolia, TX, 77355

$522,778 ARV

Off Market

4 Beds

3 Bath

2,725 Sq Ft

$183.48 / sqft

Built in 2015

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Oven, Microwave, Gas Cooktop, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Lot Size1.55 acres

Building Information

Year Built2015

Stories1

Roof Type105

Garage Spaces4

Land Information

APN3415-13-24000

Lot Number5

SubdivisionClear Creek

Land UseResidential

Legal DescriptionS341513 - CLEAR CREEK FOREST 13 REPLAT, BLOCK 11, LOT 5, ACRES 1.549

Census Tract690101

Assessed Land Value$92,940

Assessed Improvement Value$389,012

Assessment Year2025

About this property

GORGEOUS Trinity Signature Custom Home On 1.549 Acres. This FARMHOUSE STYLE HOME Is Surrounded by Mature Trees & Extensive Landscaping! Stunning Front Elevation With Added Rustic Stone & AN OVERSIZE 3 CAR GARAGE WITH CABINETS FOR WORKSHOP! Executive Study Right Off Of The Entry With Full Glass French Doors & High Ceilings! The Formal Dining Room Has Added Tray Ceilings Laced With Crown Molding! A Chef's Dream Kitchen Includes: Custom White Shaker Cabinets, Massive Kitchen Island, Stainless Steel Appliances, Custom Travertine Tumbled Backsplash & Granite Counters! Spacious Family Room (11 FT CEILINGS) With A Rustic Stone Fireplace, Upgraded Built-Ins & Engineered Hard Wood Flooring. Private Primary Bedroom With 2 Rows of Crown Molding & Added Bay Windows! A Spa Like Primary Bathroom Retreat With HIS & HER CLOSETS, Jacuzzi Tub & Custom Frameless Shower. Over $80,000 Of Upgrades INCLUDED IN THIS BEAUTY! Bonus Feature Epoxy Garage Floor! No Flooding Here! Relax & Come Home to Tranquility.

Investor Tools

$521,000

Estimated Property Value

$370,438Estimated Mortgage Balance

$150,562Estimated Equity

31% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$522,777

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,126 /month

Positive

Cash Flow Estimate:

$1,042 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$818/month

$400/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,211

$481,952

2025

$92,940

$389,012

$481,952

Tax History

Year

Tax Paid

Assessed Value

2024

$7,211

$481,952

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Provident Funding Associates Lp

Conventional

$407,200

First

Aug 30, 2021

Sep 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$370,438

$166,562

31%

71%

$2,442/mo

Learn About the Market: Opportunity in Texas

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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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