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$346,000

NAL Estimated Property Value

610 Magic Oaks Dr, Spring, TX, 77388

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,628 Sq Ft
price_per_sqft$133.18 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

BankruptcyOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop

Exterior

Private PoolPrivate Pool
Lot Size10,145 sqft

Building Information

Year Built1971
Stories2
Garage Spaces2

Land Information

APN1012980000018
Lot Number18
SubdivisionEnchanted Oaks
Land UseResidential
Legal DescriptionLT 18 BLK 18 ENCHANTED OAKS SEC 2
Census Tract553401
Assessed Land Value$66,009
Assessed Improvement Value$233,991
Assessment Year2025

About this property

Welcome Home! Beautiful 2-story 4 bedroom 2.5 bath home in the highly desired Enchanted Oaks. Freshly painted interior, new tile flooring and baseboards, new light fixtures and more. Minutes from I-45, Grand Parkway, The Woodlands. Open floor plan full of natural light, first floor features a large formal living room, dining area, and half bath. Great floor plan for entertaining, kitchen and breakfast area open to the living area. Spacious family room with gas log fireplace. The second level features large Primary bedroom and bathroom with double vanity, tub/shower, and walk-in closet. 3 secondary bedrooms and a full bath. Large backyard with pool.

Investor Tools

Property Icon
$346,000
Estimated Property Value
$330,521Estimated Mortgage Balance
$15,479Estimated Equity
4% 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
$536/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,699
$300,000
2025
$66,009
$233,991
$300,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,699
$300,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$348,570
Yes
First
Jul 17, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$330,521
$16,479
4%
96%
$2,090/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,180/mo
$2,290/mo
+$890/mo
11.0%

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: Spring

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610 Magic Oaks Dr | Property Details | No Agent List