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$516,999

NAL Estimated Property Value

5918 Mahogany Way, Magnolia, TX, 77354

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,241 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.96 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Lot Size20,000 sqft

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces4

Land Information

APN9495-03-36800
Lot Number28
SubdivisionWestwood 03
Land UseResidential
Legal DescriptionWESTWOOD 03, BLOCK 9, LOT 28
Census Tract690501
Assessed Land Value$80,000
Assessed Improvement Value$436,999
Assessment Year2025

About this property

Welcome to this beautifully updated home offering the perfect blend of comfort, space, and versatility! Freshly painted throughout with new vinyl plank flooring, carpet, and upgraded countertops in the kitchen and all four baths, this home is move-in ready and full of possibilities. This property has room to grow—add a pool, garden, or even additional structures. The large covered patio is ideal for relaxing or entertaining, and the driveway gate adds privacy and security. Inside, you’ll find spacious secondary bedrooms and half baths both up and down. A large study/craft room/flex space gives you options to work, create, or unwind your way. In addition to the attached garage with its own sink area, there’s a detached garage perfect for a workshop, storage, or easily convert it to guest quarters or living space. Low tax rate and HOA fees, no MUD taxes, and USDA qualification makes it even more accessible. Schedule your showing today!

Investor Tools

Property Icon
$516,999
Estimated Property Value
$354,411Estimated Mortgage Balance
$162,588Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,102 /month
Positive
Cash Flow Estimate:
$1,034 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$744/month
$251/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,340
$516,999
2025
$80,000
$436,999
$516,999
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,340
$516,999

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$357,000
No
First
Dec 2, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$354,411
$162,588
31%
69%
$2,141/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: Magnolia

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5918 Mahogany Way | Property Details | No Agent List