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$675,000

26923 Candaba Drive, Magnolia, TX, 77354

$719,481 ARVInfo
Under ContractInfo
Beds4 Beds
Baths4 Bath
Baths4,741 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.38 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl Plank

Exterior

Exterior FeaturesSprinkler System
Lot Size13,000 sqft

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces2

Land Information

APN7402-02-02900
Lot Number29
SubdivisionNorthgrove 02
Land UseResidential
Legal DescriptionS740202 - NORTHGROVE 02, BLOCK 1, LOT 29
Census Tract690603
Assessed Land Value$93,500
Assessed Improvement Value$785,304
Assessment Year2025

About this property

0.3-acre cul-de-sac lot • Private backyard with no rear neighbors • Video + 3D tour available Located in sought-after Northgrove, this 4,741 sq ft home offers two bedrooms down plus a dedicated office, game room, and media room. Open-concept living features a spacious kitchen with island, gas cooktop, and walk-in pantry. The 3-car garage includes an active EV outlet and built-in storage. Outdoor living shines with a covered patio and fenced yard backing to wooded privacy. Northgrove residents enjoy resort-style amenities—year-round pool, rec center with gym, child center, catering kitchen, tennis and pickleball courts, trails, park, and splash pad. Active HOA hosts community events year-round. 2 mi to Mel’s Country Café, 15 min to Spring Creek Nature Trail, 17 min to The Woodlands. Video tour: https://tour.pivo.app/view/mls/96e4ba60-cb2a-41a3-a02a-206bcdf768ce YouTube: https://youtu.be/bIZtWEuRCJE

Investor Tools

$405,744Estimated Mortgage Balance
$473,060Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$719,481
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,273 /month
Positive
Cash Flow Estimate:
$1,758 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,105/month
$1,450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,865
$878,804
2025
$93,500
$785,304
$878,804
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,865
$878,804

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$443,480
No
First
Dec 17, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$405,744
$473,060
53%
46%
$2,659/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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26923 Candaba Drive | Property Details | No Agent List