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$550,000

42 Brookefield Circle, Magnolia, TX, 77355

$604,419 ARVInfo
On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,192 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.31 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size25,935 sqft

Building Information

Year Built2015
Stories2
Roof Type105
Garage Spaces3

Land Information

APN9244-00-03400
Lot Number6
SubdivisionThe Villages Of Heritage Point 01
Land UseResidential
Legal DescriptionS924400 - THE VILLAGES OF HERITAGE POINT 01, BLOCK 3, LOT 6
Census Tract690204
Assessed Land Value$101,026
Assessed Improvement Value$487,305
Assessment Year2025

About this property

Welcome home to 42 Brookfield Circle, a beautifully maintained home situated on a generous 0.6-acre lot in the tranquil community of The Villages of Heritage Point - zoned to Magnolia ISD! This 4-bedroom, 3.5-bath property offers the perfect blend of comfort, space, and versatility, including a separate garage apartment, ideal for guests, extended family, or rental income. Inside, you’ll find an open-concept layout with a spacious kitchen featuring granite countertops, rich cabinetry, and seamless flow into the bright and inviting living area. The private primary suite offers a spa-like bath with a walk-in shower, soaking tub, and large walk-in closet. Secondary bedrooms are thoughtfully positioned for added privacy. Step outside to a peaceful backyard oasis with no back neighbors, tiered landscaping, mature trees, and plenty of space to relax, garden, or entertain. This unique property includes a 24kW Generac whole-home generator - never worry about power loss again!

Investor Tools

$232,423Estimated Mortgage Balance
$344,239Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$604,419
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,460 /month
Positive
Cash Flow Estimate:
$1,153 /month

Interested in this property?

Nicole Freer

Corcoran Genesis

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,051/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,728
$576,662
2025
$101,026
$487,305
$588,331
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,728
$576,662

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hancock Mortgage Partners Llc
Conventional
$299,117
No
First
Dec 14, 2015
Jan 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,423
$344,239
59%
40%
$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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