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B+
NoAgentList RatingHow are grades calculated? Info

$324,000

514 Shadberry Dr, Magnolia, TX, 77354

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,654 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.36 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Microwave, Free-Standing Range, Gas Range, Dishwasher, Dryer, Oven, Refrigerator, Washer
FlooringTile

Exterior

Lot Size20,000 sqft

Building Information

Year Built2001
Stories1
Roof Type105
Garage Spaces2

Land Information

APN9495-03-82200
Lot Number25
SubdivisionWestwood 03
Land UseResidential
Legal DescriptionWESTWOOD 03, BLOCK 16, LOT 25
Census Tract690501
Assessed Land Value$80,000
Assessed Improvement Value$244,000
Assessment Year2025

About this property

This lovely 3 bedroom 2 bath is move-in ready and waiting for you to call it home. Nestled in oak and pine trees on almost a half acre lot. Features include wood-look tile flooring, gorgeous quartz countertops with subway tile backsplash in the kitchen, white painted cabinets, stainless steel appliances, added recess LED lighting, tankless water heater. The spacious living room is accented with a cozy corner fireplace great for entertaining or family gatherings, The primary suite offers a garden tub with a separate shower and an awesome walk-in closet with built in drawers, Large size secondary bedrooms with ample storage space throughout. The huge backyard has an extended patio with new fencing, an invisible fence installed around perimeter of entire yard and a storage building. the septic system was redone in Spring 2021. Great location, close to community pool and playground area.

Investor Tools

Property Icon
$324,000
Estimated Property Value
$289,250Estimated Mortgage Balance
$58,370Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,944 /month
Positive
Cash Flow Estimate:
$648 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$489/month
$210/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,247
$324,000
2025
$80,000
$244,000
$324,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,247
$324,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$289,250
No
First
Jan 14, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,630
$58,370
18%
82%
$1,735/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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514 Shadberry Dr | Property Details | No Agent List