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$315,000

NAL Estimated Property Value

28923 Pine Forest Dr, Magnolia, TX, 77355

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,371 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130.75 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size13,875 sqft

Building Information

Year Built1997
Stories2
Roof Type105
Garage Spaces1

Land Information

APN3418-00-05200
Lot Number23
SubdivisionClovercreek 01
Land UseResidential
Legal DescriptionCLOVERCREEK 01, BLOCK 4, LOT 23
Census Tract690204
Assessed Land Value$58,000
Assessed Improvement Value$224,953
Assessment Year2025

About this property

This spacious four bedroom home is situated on a beautiful oversized lot with mature trees in The Villages of Heritage Point. The home features an updated kitchen featuring quartz countertops, farmhouse sink, beautiful vinyl plank flooring in the main living areas, spacious bedrooms, water softener, reverse osmosis water filtration system, Smart Lock with smart garage door opener and garage camera, hardwired security cameras, smart HVAC thermostats, smart plugs for above cabinet lighting in kitchen and all can be remotely accessed with WiFi or Zwave System. Outside you will find a spacious backyard that is fully fenced with a fire pit and playground equipment. The home is in need of paint and a little TLC, but has SO MUCH potential!! Never flooded. Don't miss this opportunity!! Schedule an appointment TODAY!

Investor Tools

Property Icon
$315,000
Estimated Property Value
$0Estimated Mortgage Balance
$315,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$750/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,429
$282,953
2025
$58,000
$224,953
$282,953
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,429
$282,953

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$321,000
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.

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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28923 Pine Forest Dr | Property Details | No Agent List