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$350,000

NAL Estimated Property Value

506 Magnolia Bnd, New Caney, TX, 77357

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,972 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.05 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Cooktop, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size22,611 sqft

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces4

Land Information

APN8397-01-58800
Lot Number5
SubdivisionRoman Forest 01
Land UseResidential
Legal DescriptionROMAN FOREST 01, BLOCK 19, LOT 5
Census Tract692802
Assessed Land Value$45,222
Assessed Improvement Value$278,601
Assessment Year2025

About this property

This beautiful ONE Story home, located on almost a half acre lot in the highly desired Roman Forest is what you have been looking for! Split floor plan, 3 bedrooms and 2 baths, His and her garages. NEW ROOF, Fresh paint, new floors, Brand new air conditioning system, brand new water heater. New Granite Countertops and backsplash Extended driveway for extra parking space. Enormous scaled backyard perfect for any future landscape projects, pool, gazebo or extension of back porch making this the perfect entertainment backyard! No HOA fees. Never flooded, nor in the flood zone.Excellent New Caney ISD schools. Within walking distance to Dogwood Elementary. Beautiful community park, pool, splash pad, and pavilion. Roman Forest is a quiet, friendly subdivision with local police.

Investor Tools

Property Icon
$350,000
Estimated Property Value
$212,126Estimated Mortgage Balance
$137,874Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$653/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,082
$323,823
2025
$45,222
$278,601
$323,823
No

Tax History

Year
Tax Paid
Assessed Value
2023
$6,082
$323,823

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Pacific Mortgage Corp
Va
$238,280
Yes
First
Sep 25, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,126
$139,874
39%
61%
$1,429/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.

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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: New Caney

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506 Magnolia Bnd | Property Details | No Agent List