Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$348,000

NAL Estimated Property Value

31607 Terri Ln, Magnolia, TX, 77355

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,479 Sq Ft
price_per_sqft$242.73 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size1.21 acres

Building Information

Year Built2001
Stories1
Roof Type105

Land Information

APN9475-02-01500
Lot Number15
SubdivisionWalnut Springs 02
Land UseResidential
Legal DescriptionWALNUT SPRINGS 02, BLOCK 1, LOT 15, ACRES 1.210
Census Tract690102
Assessed Land Value$105,750
Assessed Improvement Value$199,903
Assessment Year2025

About this property

Discover this unique gem - a charming 3 bedroom 2 bathroom brick home nestled on 1.21 +/- Acres in this sought-after community located in Magnolia. This home has been lovingly cared for and has a spacious, open floor plan. Beautiful wood flooring in the living room and tile throughout kitchen and baths. Primary bedroom with en suite bath featuring double sinks, separate tub and shower. Light and bright country kitchen with large breakfast area. Enjoy nature from your back porch overlooking the large lot. Two storage buildings on property. No HOA and low property tax rate! Make your appointment to view this beautiful home today!

Investor Tools

Property Icon
$348,000
Estimated Property Value
$0Estimated Mortgage Balance
$167,092Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,154 /month
Positive
Cash Flow Estimate:
$718 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$176/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$367
$227,419
2025
$105,750
$199,903
$305,653
No

Tax History

Year
Tax Paid
Assessed Value
2024
$367
$227,419

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$345,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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.

Explore Texas Explore This Area
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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

31607 Terri Ln | Property Details | No Agent List