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$824,000

NAL Estimated Property Value

29222 Sky Forest Cir, Magnolia, TX, 77355

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,259 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$273.09 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size2.71 acres

Building Information

Year Built2008
Stories2
Roof Type105
Garage Spaces2

Land Information

APN9423-02-02800
Lot Number2
SubdivisionThe Village At High Meadow 02
Land UseResidential
Legal DescriptionS942302 - THE VILLAGE AT HIGH MEADOW 02, BLOCK 2, LOT 2
Census Tract690205
Assessed Land Value$272,563
Assessed Improvement Value$500,385
Assessment Year2025

About this property

Presenting a meticulously maintained, custom two-story home in the prestigious Village at High Meadow Ranch. Situated on a breathtaking 2.7-acre wooded lot, this residence offers a serene retreat with Sulphur Branch Creek as its backdrop. The well-appointed island kitchen effortlessly connects with the breakfast area, family room, and formal dining room. A covered front porch leads to a two-story foyer, with a dining room to the right and a study to the left. The spacious family room features soaring ceilings, wood floors, built-ins, and a captivating stone fireplace. Unwind on the covered back porch and embrace the beauty of nature. Upstairs, discover three generous bedrooms, two baths, and a game room. This home is generator ready and has its own water well for yard irrigation. Residents can enjoy walking distance to the pool and tennis courts, and a short drive to the golf course.

Investor Tools

Property Icon
$824,000
Estimated Property Value
$331,877Estimated Mortgage Balance
$492,123Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,340 /month
Positive
Cash Flow Estimate:
$1,780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,044/month
$660/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,408
$772,948
2025
$272,563
$500,385
$772,948
No

Tax History

Year
Tax Paid
Assessed Value
2023
$8,408
$772,948

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Lending Corp
Va
$350,000
Yes
First
Jul 28, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$331,877
$498,123
60%
40%
$2,099/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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29222 Sky Forest Cir | Property Details | No Agent List