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$354,000

NAL Estimated Property Value

28926 Ashbrook Ln, Magnolia, TX, 77355

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,773 Sq Ft
price_per_sqft$140.95 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Oven
FlooringTile, Wood

Exterior

Lot Size13,876 sqft

Building Information

Year Built1997
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3418-00-04200
Lot Number13
SubdivisionClovercreek 01
Land UseResidential
Legal DescriptionS341800 - CLOVERCREEK 01, BLOCK 4, LOT 13
Census Tract690204
Assessed Land Value$58,000
Assessed Improvement Value$229,496
Assessment Year2025

About this property

ABSOLUTELY DARLING HOME located on 1/3 Acre with mature trees, adorable storage shed, and plenty of room for a pool. RELAX ON your extended Back PATIO that is perfect for grilling, entertaining, and watching the kids play. Large front yard with cute country porch. This 3 bedroom and 2 bathrooms has too many upgrades to list, NO CARPET, Tile flooring and Wood Flooring throughout. Lots of cabinets in Kitchen, Granite Counter tops and tiled Back-splash, Large Breakfast Bar opened into Family Room. Cozy Corner Fire-place with rustic mantle. New Recessed lighting throughout Kitchen, Barndoor, ship-lap wall in Primary Bath. New Roof 2015. Nice Storage Shed located in backyard. All this located in downtown Magnolia and zoned to outstanding schools! Schedule your showings today! Will not last long!!

Investor Tools

Property Icon
$354,000
Estimated Property Value
$210,212Estimated Mortgage Balance
$143,788Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,124 /month
Positive
Cash Flow Estimate:
$708 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$652/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,055
$287,496
2025
$58,000
$229,496
$287,496
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,055
$287,496

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$235,653
Yes
First
Oct 15, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,212
$146,788
41%
59%
$1,413/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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28926 Ashbrook Ln | Property Details | No Agent List