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$314,455

40688 Mostyn Lake Drive, Magnolia, TX, 77354

$335,492 ARVInfo
On MarketInfo
Beds5 Beds
Baths4 Bath
Baths2,651 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.62 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4Bathrooms 4
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Convection Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Vinyl

Building Information

Garage Spaces2

Land Information

APN7333-03-06900
Lot Number69
SubdivisionMostyn Springs Subdivision
Land UseVac Res Single Fam-In City, < 5 Acres
Legal DescriptionS733303 - MOSTYN SPRINGS SUBDIVISION 03, BLOCK 1, LOT 69
Census Tract690403
Assessed Land Value$68,000
Assessment Year2025

About this property

The Canton II offers a spacious two-story open-concept design with a versatile game room perfect for entertaining or relaxing. Located on an oversized lot, This thoughtfully designed home features stylish upgrades including a modern backsplash, enhanced cabinetry, stainless steel appliances with a gas range, and elegant under-cabinet lighting. Quartz countertops with undermount sinks create a clean, sophisticated look throughout. The downstairs primary suite includes a large walk-in closet and a fiberglass walk-in shower with a semi-frameless glass door for a spa-like feel. Additional highlights include a Wi-Fi-enabled thermostat, LED lighting, Low-E tilt-in windows, tankless gas water heater, structured wiring panel, and radiant barrier roof decking. With 5 bedrooms, 3.5 baths, ceiling fans in every bedroom, and a covered back patio, this home blends modern upgrades with everyday functionality.

Investor Tools

Property Icon
$311,000
Estimated Property Value
$0Estimated Mortgage Balance
$311,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$335,492
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,887 /month
Positive
Cash Flow Estimate:
$629 /month

Interested in this property?

Justin Dickey

CB&A, Realtors

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$289/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,913
$68,000
2025
$68,000
N/A
$68,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,913
$68,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$311,000
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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40688 Mostyn Lake Drive | Property Details | No Agent List