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$342,000

28851 Forest Hill Dr, Magnolia, TX, 77355

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,221 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.98 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size14,233 sqft

Building Information

Year Built1999
Stories2
Roof Type105
Garage Spaces2

Land Information

APN3418-02-01100
Lot Number11
SubdivisionClovercreek 02
Land UseResidential
Legal DescriptionCLOVERCREEK 02, BLOCK 1, LOT 11
Census Tract690204
Assessed Land Value$58,000
Assessed Improvement Value$261,052
Assessment Year2025

About this property

BACK ON THE MARKET!! Beautifully maintained home situated on an oversized lot with no rear neighbors, offering exceptional privacy and a true backyard retreat. Step outside to your personal oasis featuring a sparkling pool and spa, outdoor shower, and a brand-NEW cedar fence with a metal base designed for lasting durability. Inside, you'll find thoughtful upgrades and features throughout, including a NEW HVAC system and a NEW whole-home generator for year-round comfort and peace of mind. The spacious primary suite is a private sanctuary, complete with double doors leading directly to the backyard oasis, a large walk-in shower, and a secure closet with a built-in safe. Additional highlights include a sprinkler system and ample outdoor space for entertaining, recreation, or simply unwinding in complete privacy. Combining comfort, security, and resort-style amenities, this exceptional property offers the perfect blend of everyday living and outdoor enjoyment.

Investor Tools

$26,436Estimated Mortgage Balance
$320,360Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,076 /month
Positive
Cash Flow Estimate:
$692 /month

Interested in this property?

Amy Shelton

LPT Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$551/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,886
$319,052
2025
$58,000
$261,052
$319,052
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,886
$319,052

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hammersmith Financial Lp
N/A
$76,700
N/A
First
Feb 25, 2000
Mar 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$26,436
$358,564
93%
8%
$610/mo

City: Magnolia

28851 Forest Hill Dr | Property Details | No Agent List