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$395,000

333 Flower Reed Ct Fl Ower, Magnolia, TX, 77354

$402,949 ARVInfo
On MarketInfo
Beds5 Beds
Baths2 Bath
Baths3,172 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.53 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Double Oven, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Vinyl

Exterior

Lot Size7,448 sqft

Building Information

Year Built2022
Stories2
Roof Type105
Garage Spaces2

Land Information

APN7122-12-04500
Lot Number7
SubdivisionMagnolia Ridge Forest 12
Land UseResidential
Legal DescriptionS712212 - MAGNOLIA RIDGE FOREST 12, BLOCK 4, LOT 7
Census Tract690300
Assessed Land Value$50,000
Assessed Improvement Value$360,228
Assessment Year2025

About this property

Welcome to 333 Flower Reed Ct in Magnolia! This stunning 5 bedroom/ 3 full bath property is an entertainer’s paradise, featuring a seamless, open-concept layout that effortlessly flows from the expansive family room to the dining area and a gourmet kitchen. The kitchen boasts a large center island, an abundance of storage cabinets, and under-cabinet lighting. Retreat to the luxurious primary suite, complete with a soaking tub, separate shower, dual sinks, and walk in closet. Perfect for guests or multi-generational living, a coveted second bedroom with an ensuite bathroom and walk-in shower is also located on the main floor. Upstairs, discover a massive game room with a walk-in storage closet, along with three additional secondary bedrooms and a full bath. A spacious backyard featuring a covered patio and an external gas connection, ready for your custom outdoor kitchen or grill. Easy access to 249, FM 1488, restaurants and shopping. Schedule your private showing today!

Investor Tools

$410,134Estimated Mortgage Balance
$94Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$402,949
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,461 /month
Positive
Cash Flow Estimate:
$820 /month

Interested in this property?

Ashley Reaves

Corcoran Genesis

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,047/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,510
$410,228
2025
$50,000
$360,228
$410,228
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,510
$410,228

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
M/I Financial Llc
Fha
$416,350
Yes
First
Dec 16, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$410,134
$94
0%
100%
$2,630/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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