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$423,000

NAL Estimated Property Value

315 Garrett Dr, Magnolia, TX, 77354

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,164 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.95 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size20,000 sqft

Building Information

Year Built1997
Stories1
Roof Type105
Garage Spaces2

Land Information

APN9495-03-28900
Lot Number28
SubdivisionWestwood 03
Land UseResidential
Legal DescriptionWESTWOOD 03, BLOCK 6, LOT 28
Census Tract690501
Assessed Land Value$80,000
Assessed Improvement Value$342,754
Assessment Year2025

About this property

Discover this beautifully remodeled and expanded single-story home, nestled in the prestigious Westwood subdivision. Situated on a large lot, this exquisite property offers both luxury and comfort. As you enter, you are welcomed by elegant flooring and a stunning lighting package that illuminates the space perfectly. The chef's dream kitchen boasts sweeping granite countertops, state-of-the-art stainless steel appliances, a spacious walk-in pantry, and stunning new cabinetry. The open-concept design seamlessly connects the kitchen to the family area, where you'll find a large covered patio, perfect for entertaining guests or enjoying serene evenings outdoors. The primary suite is a private retreat, featuring a stunning, expansive shower, an incredible walk-in closet, and a private covered patio just off the bedroom. This home is an absolute gem, offering style, comfort, and convenience in a prime location. Don't miss the chance to make this dream home your own!

Investor Tools

Property Icon
$423,000
Estimated Property Value
$350,395Estimated Mortgage Balance
$72,605Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$605/month
$225/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,149
$422,754
2025
$80,000
$342,754
$422,754
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,149
$422,754

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citibank Na
Conventional
$360,000
No
First
Nov 6, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$350,395
$73,605
17%
83%
$2,159/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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315 Garrett Dr | Property Details | No Agent List