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A+
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$936,000

34020 High Point Dr, Magnolia, TX, 77355

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths4,295 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$89.64 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Cooktop, Double Oven
FlooringCarpet, Tile, Wood

Exterior

Lot Size2.98 acres

Building Information

Year Built2001
Stories2
Roof Type105
Garage Spaces4

Land Information

APN8301-02-03300
Lot Number24
SubdivisionRiver Park Ranch 02
Land UseResidential
Legal DescriptionRIVER PARK RANCH 02, BLOCK 2, LOT 24
Census Tract690203
Assessed Land Value$161,082
Assessed Improvement Value$546,342
Assessment Year2025

About this property

Offered by Fannie Mae - 2.98 sprawling acres in River Park Ranch. Country kitchen with large island, breakfast bar and plenty of storage, opens to family room with fireplace. Formal dining is lined with bookcases and just around the corner from the media/game room. Master suite with adjoining study. Check out the claw foot tub! Floor to ceiling windows overlook the covered back porch and acreage. 2nd master up with private bath. Gameroom and cedar closet upstairs. Fully fenced with electric gate. Plenty of room for a barn or workshop. Very near downtown Magnolia and Hwy 249.

Investor Tools

Property Icon
$936,000
Estimated Property Value
$376,967Estimated Mortgage Balance
$608,734Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,616 /month
Positive
Cash Flow Estimate:
$1,872 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,213/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,878
$707,424
2025
$161,082
$546,342
$707,424
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,878
$707,424

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Va
$376,967
Yes
First
Sep 30, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$327,266
$551,734
62%
35%
$2,261/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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