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Owner Contacts

$215,000

NAL Estimated Property Value

519 Magnolia Point Drive, Huffman, TX, 77336

Off Market

1 Beds

1 Bath

860 Sq Ft

Single Family Residence

$243.02 / sqft

Built in 2017

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Garage Available

Heating Central

Cooling

Exterior

Lot Size7,200 sqft

Building Information

Year Built2017

Garage Spaces6

Land Information

APN0954560000138

Lot Number138

SubdivisionMagnolia Point U/R R/P

Land UseResidential

Legal DescriptionLT 138 (PR YR IMPS 2014*0954560000208) MAGNOLIA POINT U/R R/P

Census Tract251600

Assessed Land Value$36,000

Assessed Improvement Value$179,000

Assessment Year2025

About this property

MUST SEE! Situated on Magnolia Point Dr. in Huffman, backs up to The Commons of Lake Houston. Did NOT flood during Harvey. Excellent property to store your boat, RV, cars, etc... There is one RV bay with a 16-foot garage door that is 44-feet long. The second bay (regular garage door) is also 44-feet long and has a rear garage door at the back of it. The third bay (regular garage door) is approximately 27 feet long. Separate restroom with toilet and sink downstairs. City of Houston water. Septic tank installed and operational. City of Houston sewer connection is now available. Seller remodeled upstairs loft into 1 bedroom 1 bath w/ living area & kitchenette w/ Central AC/Heat. Room to remodel more living area downstaris! Boat ramp available right down the street! There are three adjacent lots also available that are 60x120 each. Adjacent Lots 137, 139, 140 available at $46,800 each. This structure sits on lot 138. Lots of potential to build home next to the current structure.

Investor Tools

$215,000

Estimated Property Value

$0Estimated Mortgage Balance

$215,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,290 /month

Positive

Cash Flow Estimate:

$430 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$292/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,425

$215,000

2025

$36,000

$179,000

$215,000

Tax History

Year

Tax Paid

Assessed Value

2024

$2,425

$215,000

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$215,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,095/mo

N/A

+$1,095/mo

6.1%

Learn About the Market: Opportunity in Texas

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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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