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$605,242

NAL Estimated Property Value

31616 Johlke Road, Magnolia, TX, 77355

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,187 Sq Ft
price_per_sqft$172.26 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size14,523 sqft

Building Information

Year Built2020
Stories2
Roof Type105
Garage Spaces2

Land Information

APN7147-00-00400
Lot Number4
SubdivisionMeadow Point
Land UseResidential
Legal DescriptionS714700 - MEADOW POINT, BLOCK 1, LOT 4
Census Tract690207
Assessed Land Value$43,569
Assessed Improvement Value$584,535
Assessment Year2025

About this property

Welcome home! Beautiful, better than new, 4 bedroom, 3 bathroom home on a 1/3 of an acre. Fantastic Location! Zoned to Tomball ISD with LOW Montgomery county taxes, and no HOA! This is a one of a kind opportunity, the home backs up to a farm where you can watch cattle graze with amazing views. Large, open, split floor plan with huge kitchen, a gameroom, formal dining, and office! The kitchen features granite countertops, stainless steel appliances, 5 burner gas stove, breakfast area and a walk in pantry. A beautiful brick fireplace is the center piece for the large living room. The home is light and bright with large windows, a formal entry way, tons of storage space, a 3 car garage, covered front & back patios, double wide driveway for plenty of parking. Pre-wired for surround sound, pre-wired for alarm system, pre-wired for security cameras. To much to list, this is a must see. Still under builder warranties! Less than 5 minutes from shopping, dining, gyms, doctors and entertainment!

Investor Tools

Property Icon
$605,242
Estimated Property Value
$368,700Estimated Mortgage Balance
$236,542Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,631 /month
Positive
Cash Flow Estimate:
$1,210 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$832/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,963
$605,242
2025
$43,569
$584,535
$628,104
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,963
$605,242

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$400,000
No
First
Mar 10, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$368,700
$236,542
39%
61%
$2,399/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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31616 Johlke Road | Property Details | No Agent List