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$308,000

NAL Estimated Property Value

438 Magnetic Hill Drive, Crosby, TX, 77532

$315,899 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,687 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.69 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size6,534 sqft

Building Information

Garage Spaces2

Land Information

APN1478760010008
Lot Number8
Land UseRes Vacant Table Val
Legal DescriptionLT 8 BLK 1 CROSBY FARMS SEC 2
Assessed Land Value$53,640
Assessment Year2025

About this property

Discover this beautiful 4-bedroom, 2-bath home offering 1,687 sq. ft. of thoughtfully designed living space. Built by Saratoga Homes, this brand-new residence features an open-concept layout perfect for everyday living and entertaining. The spacious kitchen flows seamlessly into the living and dining areas, creating a warm, inviting atmosphere. The private primary suite offers a relaxing retreat, while three additional bedrooms provide flexibility for family, guests, or a home office. Enjoy modern finishes, energy-efficient construction, and quality craftsmanship throughout. Move-in ready and waiting for you—schedule your showing today!

Investor Tools

Property Icon
$308,000
Estimated Property Value
$283,472Estimated Mortgage Balance
$24,528Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$315,899
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,859 /month
Positive
Cash Flow Estimate:
$620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$128/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$53,640
2025
$53,640
N/A
$53,640
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$53,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Fha
$284,706
Yes
First
Feb 27, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$283,472
$24,528
7%
92%
$1,707/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Crosby

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438 Magnetic Hill Drive | Property Details | No Agent List