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A+
NoAgentList RatingHow are grades calculated? Info

$718,000

40202 Garwood Ct, Magnolia, TX, 77354

$860,994 ARVInfo
Off MarketInfo
Beds4 Beds
Baths6 Bath
Baths5,538 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$108.34 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
AppliancesDouble Oven, Electric Oven, Microwave, Dishwasher
FlooringBrick, Tile

Exterior

Lot Size2.78 acres

Building Information

Year Built1999
Stories2
Roof Type105
Garage Spaces4

Land Information

APN3497-00-05301
Lot Number53
SubdivisionCountry Forest West 01
Land UseResidential Single Family
Legal DescriptionS349700 - COUNTRY FOREST WEST 01, LOT 53, ACRES 2.777 - UDI: 50.000000%
Census Tract690403
Assessed Land Value$120,966
Assessed Improvement Value$240,146
Assessment Year2025

About this property

A gorgeous home right in the heart of Magnolia! A Perfect home with an expansive 5,538 sqft. This home features beautiful brick & tile floors throughout the whole house, aesthetic front entry, large beautiful kitchen, and so much more! You will be hard-pressed to find this unique open floor plan in this neighborhood. With 4 beds, 5 baths and 3 garage spaces, this home has everything you could ever want! The main house has 4 bedrooms 3 bathrooms and a garage apartment. The house also has a Mother In Law Suite in the back which also has a 1 bathroom as well as a 1/2 bath. This home has a high powered generator that kept the home powered through the winter storm. This gem will not last long - schedule a showing today!

Investor Tools

Property Icon
$718,000
Estimated Property Value
$0Estimated Mortgage Balance
$718,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$860,993
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,308 /month
Positive
Cash Flow Estimate:
$1,436 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$697/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,778
$361,112
2025
$120,966
$240,146
$361,112
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,778
$361,112

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$707,000
100%
0%
$0/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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40202 Garwood Ct | Property Details | No Agent List