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$360,000

2610 Magnolia Fair Way, Spring, TX, 77386

Off MarketInfo
Beds6 Beds
Baths2 Bath
Baths2,765 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.72 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Refrigerator, Washer, Microwave, ENERGY STAR Qualified Appliances, Tankless Water Heater, Free-Standing Range
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size5,040 sqft

Building Information

Year Built2014
Stories2
Roof Type105
Garage Spaces2

Land Information

APN5159-07-05200
Lot Number48
SubdivisionForest Village 07
Land UseResidential
Legal DescriptionS515907 - FOREST VILLAGE 07, BLOCK 2, LOT 48
Census Tract692007
Assessed Land Value$42,500
Assessed Improvement Value$303,154
Assessment Year2025

About this property

Welcome home to this bright, fresh, modern, spacious 6 bedroom, 3 full bath, 2 car garage home conveniently located near I-45 and 99. Two master bedrooms, one up and one (smaller) down. Enjoy cooking in the fully remodeled kitchen (2018) with stainless steel appliances, and beautiful quartz counters. Downstairs Master Bath remodeled with modern subway tiled shower and frameless shower door, cabinets and quartz counters. Downstairs windows and breakfast nook trimmed out with fresh white moulding giving the home a "modern farmhouse" appearance. The covered back porch with ceiling fan is perfect for resting and enjoying the quiet and trees of the nature preserve in the distance. Privacy is greater with this home as there are no back neighbors to distract from the view. Home flooded approx 6 inches during Harvey and was completely remediated.

Investor Tools

Property Icon
$360,000
Estimated Property Value
$355,000Estimated Mortgage Balance
$31,576Estimated Equity
1% 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
$571/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$345,654
2025
$42,500
$303,154
$345,654
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$345,654

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$355,000
Yes
First
May 12, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$328,424
$35,576
9%
91%
$2,129/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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