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$865,000

NAL Estimated Property Value

6118 S Trace Dr, Magnolia, TX, 77354

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,272 Sq Ft
price_per_sqft$125.23 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Cooktop, Electric Oven
FlooringCarpet, Tile, Wood

Exterior

Lot Size1.82 acres

Building Information

Year Built2002
Stories2
Roof Type105
Garage Spaces3

Land Information

APN7281-03-04600
Lot Number22
SubdivisionMontgomery Trace 03
Land UseResidential
Legal DescriptionMONTGOMERY TRACE 03, BLOCK 4, LOT 22
Census Tract690501
Assessed Land Value$227,625
Assessed Improvement Value$482,375
Assessment Year2025

About this property

Fabulous home on almost 2 acres in Montgomery Trace. Plantation shutters throughout. New carpeting and Hardwood floors 4/19. A/C and hot water heaters 2015. Whole house water softener. Wrap-around front porch. 2 story Foyer w/curved staircase. Formal Dining & Study. Kitchen has oversized island, glass front cabinets, breakfast bar, stainless appliances, and amazing arched stone wall opening to bright Sunroom & Breakfast room. Den with vaulted ceiling is open to Kitchen. Master with sitting area & en-suite bath with dual sinks, jetted tub, shower w/seat and huge Walk-in closet. 2 staircases for convenience. Upstairs is Game Room with built-in desk corner and 3 bedrooms with 2 baths (one Hollywood & one private). 3 car detached garage with additional rear full-sized garage door. Huge yard ready for your dream pool. Located on quiet street with close activities and shopping. Great Montgomery schools. Click on movie reel icon or see first photo caption for link to video walk-through!!

Investor Tools

Property Icon
$865,000
Estimated Property Value
$424,789Estimated Mortgage Balance
$440,211Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,190 /month
Positive
Cash Flow Estimate:
$1,730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,166/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,662
$710,000
2025
$227,625
$482,375
$710,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,662
$710,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Va
$469,652
Yes
First
May 22, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$424,789
$403,211
48%
49%
$2,816/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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6118 S Trace Dr | Property Details | No Agent List