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$335,946

NAL Estimated Property Value

337 Magnolia Dr, Fate, TX, 75087

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,676 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.32 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size5,706 sqft

Building Information

Year Built2004
Stories2
Garage Spaces2

Land Information

APN5331-000C-0029-00-0R
Lot Number29
SubdivisionWoodcreek Phase 2a
Land UseResidential
Legal DescriptionWOODCREEK PHASE 2A, BLOCK C, LOT 29
Census Tract040406
Assessed Land Value$93,500
Assessed Improvement Value$242,446
Assessment Year2025

About this property

Stunning 4BR Home with Recent Updates in Woodcreek! This charming residence built by Horizon homes offers elegant living spaces, with neutral hues, updated major systems like HVAC (2024), Luxury Vinyl Plank Flooring (2024),Board on Board fencing and a fresh roof (2022), adding comfort and appeal. Enjoy the culinary joy in a spacious Island Kitchen, follow the open flow to the dining areas, comfortable family room or work quietly in the double door study. The primary suite is a dream, with an ensuite bath, garden tub, and walk in closet. Upstairs, a game room with a farm door opens to a recently added unfinished storage space. Perfect for holiday decor, storage boxes and toys! The outdoor space is a delight with a board on board fence, shed, manicured lawn, and a covered patio. Spacious room sizes, and a great neighborhood. Located in the vibrant Woodcreek community loaded with amenities like pool, trails, and a clubhouse, it is across from a greenbelt adding to the lovely location.

Investor Tools

Property Icon
$335,946
Estimated Property Value
$314,384Estimated Mortgage Balance
$21,562Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,016 /month
Positive
Cash Flow Estimate:
$672 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$723/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,992
$335,946
2025
$93,500
$242,446
$335,946
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,992
$335,946

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prime Lending Inc
Fha
$324,022
Yes
First
Sep 13, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$314,384
$21,562
6%
94%
$1,943/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$2,303/mo
+$707/mo
10.8%

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: Fate

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