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$950,000

NAL Estimated Property Value

32238 Spinnaker Run, Magnolia, TX, 77354

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,100 Sq Ft
price_per_sqft$182.9 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size1.50 acres

Building Information

Year Built2000
Roof Type105
Garage Spaces4

Land Information

APN6791-02-07800
Lot Number78
SubdivisionLake Windcrest 02
Land UseResidential
Legal DescriptionS679102 - LAKE WINDCREST 02, BLOCK 1, LOT 78
Census Tract690405
Assessed Land Value$216,000
Assessed Improvement Value$945,638
Assessment Year2025

About this property

BEAUTIFUL CUSTOM WATERFRONT HOME ON 1.5 ACRES IN SOUGHT AFTER LAKE WINDCREST! BRING YOUR BOAT!! LAKEFRONT LIVING IS THE BEST, ESPECIALLY ON THIS AWESOME 100 ACRE LAKE!! SPACIOUS FLOOR PLAN OFFERS BOTH FORMALS, TWO BEDROOMS DOWN, GAME ROOM UP W/HUGE BALCONY!! WALK-IN TEXAS BASEMENT W/ CEDAR CLOSET. VIEWS OF THE LAKE FROM ALMOST EVERY ROOM!! CONVENIENT TO RESTAURANTS, SHOPPING & THE WOODLANDS!! MAGNOLIA SCHOOLS, LOW TAX RATE.

Investor Tools

Property Icon
$950,000
Estimated Property Value
$610,970Estimated Mortgage Balance
$339,030Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,339/month
$585/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,323
$907,500
2025
$216,000
$945,638
$1,161,638
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,323
$907,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Us Bank Na
Conventional
$679,452
No
First
Dec 29, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$610,970
$338,030
35%
64%
$2,774/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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32238 Spinnaker Run | Property Details | No Agent List