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$658,215

NAL Estimated Property Value

40206 Barksdale Drive, Magnolia, TX, 77354

$693,960 ARVInfo
Off MarketInfo
Beds3 Beds
Baths6 Bath
Baths3,384 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.3 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Electric Oven, Gas Oven, Oven, Microwave, Electric Range, Gas Range, Dishwasher
FlooringCarpet, Concrete, Laminate, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size1.06 acres

Building Information

Year Built2017
Stories2
Roof Type105
Garage Spaces7

Land Information

APN3497-00-01100
Lot Number11
SubdivisionCountry Forest West 01
Land UseResidential
Legal DescriptionCOUNTRY FOREST WEST 01, LOT 11, ACRES 1.060
Census Tract690403
Assessed Land Value$92,346
Assessed Improvement Value$565,869
Assessment Year2025

About this property

Beautiful custom farmhouse on 1.06 acres! Low HOA fees! Enjoy the country feel while staying conveniently close to shopping, dining and recreation. Two-story main house has 3 bedrooms, 2.5 baths, a media room, an office, a mud room and a pet room. Choose to sip your morning coffee on one of TWO front porches or on the large covered back patio with outdoor fireplace. Unwind in your primary bathroom with oversized shower and deep soaking tub. Entertain family and friends in your open-concept dining, living and kitchen with plenty of space for everyone. The two-story secondary home is 1200 square feet and has 2 bedrooms, 2 full baths, a full kitchen and an upstairs storage/utility room that is plumbed. The workshop is 1200 square feet and has 2 rolling doors, a full bathroom and a full bar/kitchen. This is a great space to entertain or use as a workshop/detached garage. All three structures were custom-built in 2017. This truly is a one-of-a-kind property with beautiful custom finishes.

Investor Tools

Property Icon
$658,215
Estimated Property Value
$364,091Estimated Mortgage Balance
$294,124Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$693,959
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,949 /month
Positive
Cash Flow Estimate:
$1,316 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$274/month
$89/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$658,215
2025
$92,346
$565,869
$658,215
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$658,215

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$395,000
Yes
First
Mar 1, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$364,091
$294,124
44%
55%
$2,369/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.

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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: Magnolia

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40206 Barksdale Drive | Property Details | No Agent List