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$356,000

2646 Magnolia Fair Way, Spring, TX, 77386

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,730 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.84 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringLaminate

Exterior

Lot Size5,039 sqft

Building Information

Year Built2014
Stories2
Roof Type105
Garage Spaces2

Land Information

APN5159-07-04300
Lot Number39
SubdivisionForest Village 07
Land UseResidential
Legal DescriptionS515907 - FOREST VILLAGE 07, BLOCK 2, LOT 39
Census Tract692007
Assessed Land Value$42,500
Assessed Improvement Value$300,478
Assessment Year2025

About this property

WELCOME HOME. This beautiful 5 BEDROOM 3 FULL BATH home is MOVE-IN READY!! Home has several updates and features throughout. MASSIVE LIVING ROOM , beautiful FIREPLACE. Kitchen has GRANITE countertops, new stainless steel appliances, BREAKFAST BAR. Stunning FORMAL DINING natural light. Large BREAKFAST NOOK with view to front of home. Spacious PRIMARY ROOM w/DOUBLE VANITY and CUSTOM WALK-IN closet. HUGE GAMEROOM or FAMILY ROOM. All other bedrooms are nice in size and one bedroom down and full bath. Large FULLY FENCED backyard. Relax under the LARGE COVERED PATIO. Perfect for BBQ & entertaining. NO BACK NEIGHBORS. DOUBLE DRIVEWAY. Home is minutes away from The Woodlands, Grand Parkway, I-45 and Lake Conroe. Schedule your private tour TODAY!!

Investor Tools

Property Icon
$356,000
Estimated Property Value
$293,250Estimated Mortgage Balance
$71,473Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,136 /month
Positive
Cash Flow Estimate:
$712 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$395/month
$424/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,954
$342,978
2025
$42,500
$300,478
$342,978
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,954
$342,978

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bay Equity Llc
Conventional
$293,250
No
First
Sep 18, 2024
Oct 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$284,527
$67,473
19%
80%
$1,759/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.

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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2646 Magnolia Fair Way | Property Details | No Agent List