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$355,000

NAL Estimated Property Value

29107 Forest Hill Dr, Magnolia, TX, 77355

$360,227 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,716 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$86.52 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range
FlooringCarpet, Tile, Wood

Exterior

Lot Size14,201 sqft

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces1

Land Information

APN3418-00-08800
Lot Number2
SubdivisionClovercreek 01
Land UseResidential
Legal DescriptionCLOVERCREEK 01, BLOCK 7, LOT 2
Census Tract690204
Assessed Land Value$58,000
Assessed Improvement Value$283,910
Assessment Year2025

About this property

Kick back and relax under the fan on the over-sized covered front porch of this 4-5 bedroom, plus game room, 2 ½ bath, 2 car attached garage home. Dine in the formal dining room or sit at the bar or in the breakfast nook off the open easy flowing kitchen design. Spacious master bath features over-sized tub, dual sinks with vanity and a separate shower. Half bath down stairs accommodates the adjoining additional bedroom/study/office, as well as guests. A second AC unit services the 3 bedrooms and 1 full bathroom and large game room upstairs. Sit in the shade of the many trees in this relaxing one-third acre backyard.

Investor Tools

Property Icon
$355,000
Estimated Property Value
$385,983Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$360,226
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$796/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,775
$341,910
2025
$58,000
$283,910
$341,910
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,775
$341,910

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$333,841
Yes
First
Jul 21, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$385,983
N/A
0%
109%
$2,428/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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29107 Forest Hill Dr | Property Details | No Agent List