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$304,000

2606 Magnolia Fair Way, Spring, TX, 77386

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,372 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.02 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Free-Standing Range, Gas Cooktop, Dishwasher, Oven
FlooringCarpet, Tile

Exterior

Lot Size5,040 sqft

Building Information

Year Built2014
Stories2
Roof Type105
Garage Spaces5

Land Information

APN5159-07-05300
Lot Number49
SubdivisionForest Village 07
Land UseResidential
Legal DescriptionS515907 - FOREST VILLAGE 07, BLOCK 2, LOT 49
Census Tract692007
Assessed Land Value$42,500
Assessed Improvement Value$217,071
Assessment Year2025

About this property

You've arrived, nestled in the amazing community of Forest Village in the town of Spring is 2606 Magnolia Fair Way. The 2 story, 4 bedroom, 2.5 bath features clean lines, a large family room warmed by a gas fireplace, and entertainment space upstairs. Owner pride can be seen even outdoors with an all organic, Round Up free, yard, featuring plum and sweet kumquat trees. Have the quiet serenity of no rear neighbors, backing up to a forest reserve without any future homes behind you, and even enjoy the bonus of a gate that leads out to the back community easement that runs alongside Spring Creek Bend! The retention pond & fountain offers a relaxing retreat in this area. Neighborhood amenities feature a play area and splash pad. You're close to 99 access, with grocery and shopping amenities just a short distance away. Come by to see this amazing home today!

Investor Tools

Property Icon
$304,000
Estimated Property Value
$325,000Estimated Mortgage Balance
$2,237Estimated Equity
-7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$486/month
$424/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,307
$259,571
2025
$42,500
$217,071
$259,571
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,307
$259,571

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Va
$325,000
Yes
First
Jul 26, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$301,763
$5,237
1%
99%
$1,949/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: Spring

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2606 Magnolia Fair Way | Property Details | No Agent List