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Owner Contacts

$1,022,000

29322 Champions Dr, Magnolia, TX, 77355

Off Market

4 Beds

5 Bath

4,244 Sq Ft

Single Family Residence

$164.93 / sqft

Built in 2007

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator

FlooringConcrete, Tile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen

Lot Size2.12 acres

Building Information

Year Built2007

Stories1

Roof Type105

Garage Spaces6

Land Information

APN9423-03-04700

Lot Number47

SubdivisionThe Village At High Meadow 03

Land UseResidential

Legal DescriptionS942303 - THE VILLAGE AT HIGH MEADOW 03, BLOCK 1, LOT 47

Census Tract690205

Assessed Land Value$181,875

Assessed Improvement Value$826,125

Assessment Year2025

About this property

Beautiful 1 story home-approx 2.12 acres w/ courtyard entry w/ fountain! This custom home by JW Neatherly is nestled in the woods. Workshop /Guest Quarters has open room w/ built ins w/sink + office area & full bath.(Currently used as Man Cave/Shop) Main home is gorgeous! It has a Wine Cellar+ a wet bar off kitchen for entertaining that opens to family room! 3 car garage w/ cabinets & sink + walk up attic access- tons of storage! Split floor plan! Study has built ins! Kitchen has tons of beautiful cabinets w/ under counter lighting, DBL Ovens, large island & breakfast bar all overlooking living room that has vaulted ceiling & double sided Fireplace to outdoor patio! breakfast & sunroom! Master has large walk-in closet w/cedar, dual vanities + heated towel rack! Outdoor living area included tiered landscaping, fountains, Outdoor Kitchen & large covered patio! Landscape lighting! Mosquito mist + misting fans for hot days! Roof, interior paint & A/C unit all new in 2020! Never Flooded!

Investor Tools

$1,022,000

Estimated Property Value

$537,000Estimated Mortgage Balance

$537,241Estimated Equity

47% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$6,132 /month

Positive

Cash Flow Estimate:

$2,044 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,279/month

$550/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,233

$1,008,000

2025

$181,875

$826,125

$1,008,000

Tax History

Year

Tax Paid

Assessed Value

2024

$10,233

$1,008,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Network Funding Lp

Conventional

$537,000

First

Apr 6, 2021

May 2036

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$484,759

$523,241

51%

47%

$3,220/mo

Learn About the Market: Opportunity in Texas

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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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