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B+
NoAgentList RatingHow are grades calculated? Info

$540,000

40807 Lacey Wood Ct, Magnolia, TX, 77354

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,926 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.08 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Oven, Electric Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size2.44 acres

Building Information

Year Built1999
Stories2
Roof Type105
Garage Spaces2

Land Information

APN8389-00-06400
Lot Number3-4
SubdivisionRolling Forest
Land UseResidential
Legal DescriptionS838900 - ROLLING FOREST, BLOCK 3, LOT 3,4, ACRES 2.44
Census Tract694603
Assessed Land Value$195,200
Assessed Improvement Value$344,800
Assessment Year2025

About this property

*MOVE IN READY!* NEWLY AND FULLY REMODELED & UPGRADED! This beautiful home offers 3 bedrooms, 2 full baths, and 2 door garage! NEW flooring, granite kitchen and restroom counter tops, water and light fixtures, tile surround in both bathrooms, and SO MUCH MORE! Just behind this wonderful home is patio deck open to the open backyard, Great for cookouts and entraining! Just a couple minutes drive from Magnolia HS, this GEM is a must see! Contact me or any friendly realtor for more information and schedule your showing today!

Investor Tools

Property Icon
$540,000
Estimated Property Value
$436,500Estimated Mortgage Balance
$135,442Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,240 /month
Positive
Cash Flow Estimate:
$1,080 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$794/month
$217/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,831
$540,000
2025
$195,200
$344,800
$540,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,831
$540,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$436,500
No
First
Jun 8, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$404,558
$135,442
25%
75%
$2,618/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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40807 Lacey Wood Ct | Property Details | No Agent List