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$645,552

NAL Estimated Property Value

40628 Damuth Drive, Magnolia, TX, 77354

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,036 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$215.74 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Private PoolPrivate Pool
Lot Size17,336 sqft

Building Information

Year Built2016
Stories1
Roof Type105
Garage Spaces2

Land Information

APN7308-07-03900
Lot Number6
SubdivisionMostyn Manor 07
Land UseResidential
Legal DescriptionS730807 - MOSTYN MANOR 07, BLOCK 2, LOT 6
Census Tract690403
Assessed Land Value$93,500
Assessed Improvement Value$552,052
Assessment Year2025

About this property

Welcome home to an amazing floor plan, pool, location. Large, inviting front porch. Formal dining is across from the home office c/w double doors for privacy & front yard views. The living room and kitchen have an open floor plan layout perfect for entertaining & family-a beautiful floor to ceiling, rock fireplace. The butler pantry could be used as a coffee bar, a wine space & extra kitchen area. The walk-in pantry has lots of storage and shelving for all of your food & kitchen needs. The kitchen has lots of cabinetry, amazing design selections, gas stove, double oven, pull out trash can, etc. The master suite is privately located w/an amazing bathroom and large closet spaces. The big laundry room c/w sink, lots of cabinetry, countertop space. Back yard has pool, hot tub, covered space, large bed swing, large yard. The 3-car garage at the end of a long driveway -plenty of room for vehicles, storage. 1/3 acre, low tax rate, good schools, conveniently located to 249 & new HEB center.

Investor Tools

Property Icon
$645,552
Estimated Property Value
$516,898Estimated Mortgage Balance
$128,654Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,930 /month
Positive
Cash Flow Estimate:
$1,310 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$995/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,715
$645,552
2025
$93,500
$552,052
$645,552
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,715
$645,552

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ameris Bank
Conventional
$555,700
No
First
Aug 17, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$516,898
$128,654
19%
80%
$3,332/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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40628 Damuth Drive | Property Details | No Agent List