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$249,000

38315 E Sulphur Creek Dr, Magnolia, TX, 77355

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,658 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.18 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size7,784 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6661-00-06500
Lot Number65
SubdivisionLakes Of Magnolia
Land UseResidential
Legal DescriptionS666100 - LAKES OF MAGNOLIA, BLOCK 1, LOT 65
Census Tract690204
Assessed Land Value$33,472
Assessed Improvement Value$234,818
Assessment Year2025

About this property

Beautifully updated one-story home featuring 3 bedrooms, 2 full bathrooms, and stylish, light-filled living spaces. The versatile formal dining room offers the flexibility to serve as a home office or additional living area. The updated kitchen showcases quartz countertops, crisp white cabinetry, stainless steel appliances, and a gas range, all opening seamlessly to the inviting family room with a cozy fireplace. Luxury vinyl plank flooring and fresh interior paint create a modern, sophisticated feel. The spacious primary suite features a spa-inspired bath with dual vanities, soaking tub, and separate shower. Outdoors, enjoy a large backyard, covered patio, and the added privacy of no back neighbors. Complete with a 2-car attached garage and convenient access for an easy commute to Houston. Zoned to Magnolia ISD. Make your showing appointment today!

Investor Tools

$299,440Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,573 /month
Positive
Cash Flow Estimate:
$524 /month

Interested in this property?

Jill Smith

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$325/month
$385/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,589
$262,183
2025
$33,472
$234,818
$268,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,589
$262,183

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometown Lenders Inc
Stand Alone Second / Subordinate Position
$176,739
No
First
Dec 4, 2018
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,440
N/A
0%
114%
$2,120/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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38315 E Sulphur Creek Dr | Property Details | No Agent List