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$438,073

32920 Old Hempstead Rd, Magnolia, TX, 77355

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,734 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$239.33 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Gas Range, Dishwasher
FlooringWood, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size4.80 acres

Building Information

Year Built1994
Stories2
Roof Type112
Garage Spaces1

Land Information

APN0168-01-01705
SubdivisionDunlavey W T
Land UseResidential
Legal DescriptionA0168 DUNLAVEY W T, TRACT 17-C, ACRES 4.797
Census Tract690203
Assessed Land Value$287,820
Assessed Improvement Value$150,253
Assessment Year2025

About this property

If you are looking for a piece of land in the country, look no further! This Beautiful country home resides in a peaceful community in Magnolia, TX! Offering a Beautiful, Well Maintained 3 Bedroom, 2 Bathroom Country Home sitting on over 4 + Unrestricted Acres! With gorgeous views of the mature trees from the 6 ft wrap around porch on three sides of this home! This property offers a 21x30 Shop that has concrete floors, a 10x10 electric roll up door with a work-bench, A 36x26 Horse Barn with 5 12x12 stalls & a 12x12 feed room with concrete floors. All of the pastures have water going to all of them plus an Arena with 2 working lights! Enjoy your quiet country life, just a mile or two down the road from all of the town conveniences! High & Dry! Never Flooded! Truly a must see! Schedule a Showing today!

Investor Tools

Property Icon
$438,073
Estimated Property Value
$250,000Estimated Mortgage Balance
$209,345Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,628 /month
Positive
Cash Flow Estimate:
$876 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$646/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,562
$438,073
2025
$287,820
$150,253
$438,073
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,562
$438,073

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Interlinc Mortgage Services Llc
Conventional
$250,000
No
First
Nov 12, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,728
$209,345
47%
52%
$1,499/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.

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

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32920 Old Hempstead Rd | Property Details | No Agent List