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Days17Days on Market
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$309,990

27227 Mockingbird Terrace Lane, Magnolia, TX, 77354

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,759 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.23 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesENERGY STAR Qualified Appliances, Disposal, Refrigerator Included, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Vinyl Plank

Exterior

Exterior FeaturesSprinkler System

Building Information

Garage Spaces2

Land Information

APN7176-03-11200
Lot Number9
SubdivisionMill Creek
Land UseVac Res Single Fam-In City, < 5 Acres
Legal DescriptionS717603 - MILL CREEK NORTH 03, BLOCK 4, LOT 9
Census Tract690408
Assessed Land Value$58,000
Assessment Year2024

About this property

MODEL HOME ALERT!! FINAL OPPORTUNITY!! Comes equipped with Irrigation, Security System, Refrigerator, Smart Home Package, Gas Connection at Rear Patio for future outdoor kitchen. Colina Homes believes in building your dream home. Feast Your Eyes on this Cozy 4 Bed, 3 Bath home with spacious Covered Patio. This homes is loaded with all upgrades & options. The floorplan features a well-appointed kitchen with generous 42” Cabinets, Granite Countertops, Stylish 4'x12' Tile Backsplash, Stainless Garden Sink & Dishwasher, topping it all off a 5-BURNER SS GAS RANGE Stove and Oven, SS fridge! The Primary Suite boasts a Walk-In Closet, Raised Height Vanities, 5’ Garden Tub W/ Separate Shower. The home is also equipped with 2” Faux Wood Blinds, 16 SEER Lennox Air-Con System, and an In-Wall Pest Defense System. Colina Homes and our Sales Team are here to help.

Investor Tools

$19,092,395Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month

Interested in this property?

Cameron Galatas

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$266/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,777
$58,000
2024
$58,000
N/A
$58,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,777
$58,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Capital Bank Na
Commercial
$20,000,000
No
First
Feb 16, 2024
Sep 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$19,092,395
N/A
0%
6770%
$119,911/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: Magnolia

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