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$266,000

NAL Estimated Property Value

24879 King Palm Trace, Magnolia, TX, 77355

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,415 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.83 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Microwave, Gas Range, Dishwasher, Oven
FlooringCarpet, Vinyl

Building Information

Year Built2024
Stories1
Roof Type105
Garage Spaces2

Land Information

APN5399-04-01800
Lot Number3
SubdivisionGrand Pines
Land UseResidential Single Family
Legal DescriptionS539904 - GRAND PINES 04, BLOCK 2, LOT 3
Census Tract690102
Assessed Land Value$50,000
Assessed Improvement Value$187,935
Assessment Year2025

About this property

OUTSTANDING NEW D.R. HORTON BUILT 1 STORY IN GRAND PINES! NO BACK NEIGHBORS! Popular Split Plan Layout! Impressive Foyer Leads to Gourmet Island Kitchen with Abundant Cabinetry & Large Corner Pantry - AND to Spacious Dining Area & Supersized Living Room! Privately Located Primary Suite Features Great Bath with Large Shower & Walk-In Closet! Generously Sized Secondary Bedrooms! Convenient Indoor Utility Room! Covered Patio & Sprinkler System Included! Awesome Community with Pool & Playground - AND Easy Access to the City of Tomball, the Grand Parkway, & the Rapidly Growing City of Magnolia!

Investor Tools

Property Icon
$266,000
Estimated Property Value
$205,694Estimated Mortgage Balance
$60,306Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,629 /month
Positive
Cash Flow Estimate:
$543 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$201/month
$525/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,079
$237,935
2025
$50,000
$187,935
$237,935
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,079
$237,935

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$212,000
No
First
Sep 27, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,694
$60,306
22%
77%
$1,272/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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24879 King Palm Trace | Property Details | No Agent List