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$507,000

NAL Estimated Property Value

40327 Rolling Forest Dr, Magnolia, TX, 77354

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,277 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$219.37 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Double Oven, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Oven
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size38,333 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces9

Land Information

APN8389-00-09000
Lot Number29
SubdivisionRolling Forest
Land UseResidential
Legal DescriptionS838900 - ROLLING FOREST, BLOCK 3, LOT 29, ACRES 0.88
Census Tract694603
Assessed Land Value$70,400
Assessed Improvement Value$552,196
Assessment Year2025

About this property

Come by and view this magazine gorgeous farm house home under the trees or sit a spell on the front porch! 3 Bedrooms, 2.5 Baths with a large bonus room (4th BR) over the garage! Owners retreat downstairs, features walk-in shower w/ a unique free standing tub, double counter vessels and shiplap walls! Family room framed with windows, gas log fireplace and rich walnut planked floor. The kitchen boasts the ever popular shaker cabinet w/stainless & granite with a view of the backyard. Large bedrooms up, both w/enormous storage closets behind room and another sleek bath. Large covered patio overlooking a serene country setting. Front porch and back patio are wired for sound. One of the highlights of this property is the 50x30 insulated shop with a full bath, a full kitchen, storage room and loft! Covered porch off the shop takes you to a 42ft covered RV pad!

Investor Tools

Property Icon
$507,000
Estimated Property Value
$458,533Estimated Mortgage Balance
$48,467Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,042 /month
Positive
Cash Flow Estimate:
$1,014 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$651/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,278
$460,900
2025
$70,400
$552,196
$622,596
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,278
$460,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gibraltar Mortgage Services Llc
Conventional
$505,979
No
First
Jun 18, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$458,533
$625,467
57%
90%
$3,034/mo

City: Magnolia

40327 Rolling Forest Dr | Property Details | No Agent List