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$360,000

NAL Estimated Property Value

2532 Magnolia Fair Way, Spring, TX, 77386

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,733 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.84 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher

Exterior

Lot Size1,752 sqft

Building Information

Year Built2016
Stories2
Roof Type105
Garage Spaces2

Land Information

APN5159-08-07100
Lot Number7
SubdivisionForest Village 08
Land UseResidential
Legal DescriptionS515908 - FOREST VILLAGE 08, BLOCK 3, LOT 7
Census Tract692007
Assessed Land Value$35,275
Assessed Improvement Value$210,747
Assessment Year2025

About this property

This exceptional two-story home is available for lease, offering four bedrooms, 3.5 bathrooms, a large game room, and a private study. The kitchen is impressive with beautiful backsplash, granite counters, SS appliances and lots of cabinets. The downstairs primary suite is generously sized and privately tucked away from the rest of the bedrooms. Upstairs you will find the game room, three additional bedrooms and two full bathrooms as well as the utility room. Schedule your private tour today!

Investor Tools

Property Icon
$360,000
Estimated Property Value
$162,733Estimated Mortgage Balance
$197,267Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$480/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,958
$246,022
2025
$35,275
$210,747
$246,022
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,958
$246,022

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Benchmark Mortgage
Conventional
$203,269
No
First
Nov 14, 2016
Dec 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$162,733
$192,267
54%
45%
$1,219/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Spring

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