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$915,000

40410 Rolling Forest Drive, Magnolia, TX, 77354

On MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,196 Sq Ft
price_per_sqft$416.67 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Freestanding Oven, Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher
FlooringTile, Vinyl Plank

Exterior

Private PoolPrivate Pool
Exterior FeaturesSprinkler System
Lot Size1.02 acres

Building Information

Year Built2007
Roof Type112
Garage Spaces5

Land Information

APN8389-00-03900
Lot Number19-20
SubdivisionRolling Forest
Land UseResidential
Legal DescriptionROLLING FOREST, BLOCK 2, LOT 19, 20, ACRES 1.0249
Census Tract694603
Assessed Land Value$81,992
Assessed Improvement Value$387,865
Assessment Year2025

About this property

MUST SEE in person - simply too much to list on HAR! Over 2550 SF of total living space offered in this well-designed Morton Builders metal home featuring designer touches & magazine perfect decor thru-out, 2 primary bedrooms with ensuites plus tastefully renovated (2025), eat-in kitchen with all new appliances! Situated on a beautiful, 1+ acre corner lot, this property offers 16x37 covered back porch, hot tub & pool with water features, outdoor living space, 360 sf garage apt with kitchenette (or pool house), 53x30 WORKSHOP with stairs to floored storage areas, covered RV parking with full hook-ups & septic clean-out, whole home 22K Generac back-up generator on its own propane tank, 2nd propane tank, extra parking, carport, mature trees, fully fenced backyard & so much more! High-quality features include 7 inches of batted insulation in exterior walls, metal roof supplemented with R-49, no load-bearing walls & new HVAC in 2022. Literally everything you've ever dreamt about is here!

Investor Tools

$401,374Estimated Mortgage Balance
$529,626Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,586 /month
Positive
Cash Flow Estimate:
$1,862 /month

Interested in this property?

Angela Knee Hahn

Carswell Real Estate Co. Inc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$719/month
$244/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,975
$469,857
2025
$81,992
$387,865
$469,857
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,975
$469,857

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Planet Home Lending Llc
Conventional
$445,500
No
First
Jul 15, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$401,374
$529,626
56%
43%
$2,671/mo

City: Magnolia