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$739,000

NAL Estimated Property Value

28126 Walnut Creek Ct, Magnolia, TX, 77355

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,695 Sq Ft
price_per_sqft$291.28 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size2 acres

Building Information

Year Built1997
Stories1
Roof Type105
Garage Spaces3

Land Information

APN6146-06-00600
Lot Number6
SubdivisionIndigo Lake Estates
Land UseResidential
Legal DescriptionINDIGO LAKE ESTATES 06, BLOCK 1, LOT 6
Census Tract690203
Assessed Land Value$110,000
Assessed Improvement Value$622,691
Assessment Year2025

About this property

Tucked away on a 2-acre wooded lot, this beautifully updated home offers privacy, a peaceful setting, & room to breathe. Inside, the open family room flows seamlessly into the remodeled kitchen & bright breakfast area, perfect for everyday living. A formal dining room sits nearby, offering flexibility as a study. Just off the kitchen, a bonus room serves as a media room. The primary suite features a spa-like bath with dual vanities, soaking tub, & separate shower. Two additional guest bedrooms & a full bath provide space for family. The converted garage now serves as a versatile bonus room with its own mini-split A/C. Step outside to your private oasis: a heated saltwater pool/spa, covered patio, & pergola. Additional highlights include a 30-amp RV hookup, walk-in attic storage, carport, & a fenced yard area complete with a shed, perfect for outdoor animals or hobbies. All of this comes at a low tax rate & the perks of a lake & equine-friendly community.

Investor Tools

Property Icon
$739,000
Estimated Property Value
$0Estimated Mortgage Balance
$507,822Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,710 /month
Positive
Cash Flow Estimate:
$1,570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$992/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,215
$677,878
2025
$110,000
$622,691
$732,691
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,215
$677,878

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$744,000
100%
0%
$0/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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28126 Walnut Creek Ct | Property Details | No Agent List