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Days55Days on Market
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$599,000

$635,000

40864 Wesson Ln, Magnolia, TX, 77354

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,645 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$226.47 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringWood

Exterior

Lot Size25,988 sqft

Building Information

Year Built2019
Stories1
Roof Type105
Garage Spaces2

Land Information

APN7308-08-04800
Lot Number2
SubdivisionMostyn Manor 08
Land UseResidential
Legal DescriptionS730808 - MOSTYN MANOR 08, BLOCK 4, LOT 2
Census Tract690403
Assessed Land Value$93,500
Assessed Improvement Value$453,902
Assessment Year2025

About this property

Perched high on a Texas-size lot, this Modern Farmhouse custom home delivers standout curb appeal & an open, airy lifestyle! Double front doors welcome you into soaring ceilings, walls of windows, rich natural light & a spacious living area anchored by a fireplace w/ built-ins. The showpiece kitchen is designed to impress w/ a massive 9’ quartz island, 5-burner gas cooktop, gold faucet & hardware, abundant cabinetry, walk-in pantry & bright breakfast nook. The private primary retreat offers wall of windows, soaking tub, updated tile shower, double sinks & direct utility room access w/ added cabinetry. A junior suite w/ private bath adds flexibility for guests or multigenerational needs. Enjoy a covered patio extension for grilling & gatherings, oversized 2-car garage, backyard extension, garden space, multiple large trees, front fountain, brick landscaping, updated fixtures/fans, front-yard sprinklers, great schools & nearby new restaurants.

Investor Tools

$457,943Estimated Mortgage Balance
$200,894Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,948 /month
Positive
Cash Flow Estimate:
$1,316 /month

Interested in this property?

Mary Taormina

Redfin Corporation

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$870/month
$485/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,149
$547,402
2025
$93,500
$453,902
$547,402
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,149
$547,402

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$495,000
No
First
Jun 15, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$457,943
$200,057
30%
70%
$2,968/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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