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$299,711

NAL Estimated Property Value

513 Copper Springs Drive, Magnolia, TX, 77354

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,872 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.6 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringVinyl

Exterior

Lot Size6,467 sqft

Building Information

Year Built2024
Stories1
Roof Type105
Garage Spaces2

Land Information

APN7122-16-00300
Lot Number3
SubdivisionMagnolia Ridge Forest 16
Land UseVacant Land
Legal DescriptionS712216 - MAGNOLIA RIDGE FOREST 16, BLOCK 1, LOT 3
Census Tract690300
Assessed Land Value$50,000
Assessed Improvement Value$249,711
Assessment Year2025

About this property

25K PRICE REDUCTION!Better than new Moscoso floorplan backed to a greenbelt with no rear neighbors! Interior decorator designed with over 20K in added upgrades.Exterior upgrades include custom landscaping with fruit trees,Red Maple Tree,topiaris and a plethora of gorgeous flower gardens.Exterior house lights,pathway pavers on both sides of house and full sprinkler system for easy maintenance.Covered back patio to sit and enjoy the serenity of it all.Interior features and upgrades include several new light fixtures,vinyl plank flooring,custom built in shelving/desk in front bedroom with a bold color drenched paint that is absolutely stunning on camera and in person.Open concept kitchen with stainless appliances,quartz countertops and upgraded light fixtures. Why wait to build when this home is like new and ready today for a new owner with thousands in upgrades? Magnolia schools, close to shopping and more.Washer&Dryer Included. Gardens can be removed upon request.Must see to appreciate.

Investor Tools

Property Icon
$299,711
Estimated Property Value
$299,480Estimated Mortgage Balance
$231Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$220/month
$575/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,147
$299,711
2025
$50,000
$249,711
$299,711
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,147
$299,711

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Fha
$304,385
Yes
First
Jun 15, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,480
$231
0%
100%
$1,825/mo

City: Magnolia

513 Copper Springs Drive | Property Details | No Agent List