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$264,000

NAL Estimated Property Value

40295 S Hill Pass, Magnolia, TX, 77354

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,698 Sq Ft
price_per_sqft$159.01 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Microwave, Free-Standing Range, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile

Exterior

Lot Size6,062 sqft

Building Information

Year Built2019
Stories1
Roof Type105
Garage Spaces2

Land Information

APN803003
Lot Number11
SubdivisionMostyn Springs Subdivision
Land UseResidential Single Family
Legal DescriptionS733300 - MOSTYN SPRINGS SUBDIVISION 01, BLOCK 3, LOT 11 - UDI: 50.000000%
Census Tract690403
Assessed Land Value$34,000
Assessed Improvement Value$84,000
Assessment Year2025

About this property

Like New! Beautiful one story home located in highly desirable Magnolia area.Featuring open concept that flows from the Kitchen and Dining to Living Room! 3 beds, 2 baths + 2 car garage w/ tons of storage. Primary bedroom w/ HUGE closet & Primary bath with beautifully tiled 5' shower, all bathrooms have granite countertops! Kitchen w/ 42” SLATE cabinets + granite countertops & Whirlpool appliances and island seating! Feature standard 'drop zone' aka MUD ROOM and adjoining utility room! Enjoy the quiet while sitting on the front and back covered porches. Back yard is completely fenced with NO rear neighbors. Energy efficient features include; Environments for Living Certified Home, 16 SEER Carrier HVAC, Low E3 vinyl windows, Radiant barrier roof decking, Rinnai tankless gas water heater, Insulated doors and standard Century Connect Smart Home Technology. Located near the new developed 60 acre development featuring HEB, restaurants, shopping with more to come.

Investor Tools

Property Icon
$264,000
Estimated Property Value
$0Estimated Mortgage Balance
$264,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$346/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,827
$118,000
2025
$34,000
$84,000
$118,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,827
$118,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$232,000
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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40295 S Hill Pass | Property Details | No Agent List