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$326,000

NAL Estimated Property Value

618 Magnolia St, Denton, TX, 76201

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,457 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.37 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer
FlooringCeramic Tile, Laminate

Exterior

Lot Size12,641 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR25104
Lot Number14
SubdivisionHeadlee
Land UseResidential
Legal DescriptionHEADLEE BLK 4 LOT 14 14/444-4 // TOBY AB 1288
Census Tract020402
Assessed Land Value$74,586
Assessed Improvement Value$192,877
Assessment Year2025

About this property

Welcome to this spacious and versatile 3-bedroom, 2-bath home for lease in the desirable Headlee subdivision of Denton. With multiple living areas and flexible spaces, this home offers room to spread out, work from home comfortably, and truly settle in. In addition to the three bedrooms, you’ll find an additional flex space for an office perfect for remote work, studying, or creative space. The converted garage provides additional living space ideal for a second living area, game room, workout space, or media room — the options are endless. Enjoy your mornings on the charming screened-in front porch and unwind in the back sunroom overlooking the yard — perfect for relaxing year-round. For added convenience, the home comes equipped with a washer, dryer, and refrigerator, making move-in easy and stress-free. Located in Denton with convenient access to schools, especially UNT and TWU, plus shopping, dining, and major roadways, this home offers both comfort and practicality in one inviting package.

Investor Tools

Property Icon
$326,000
Estimated Property Value
$290,979Estimated Mortgage Balance
$35,021Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,956 /month
Positive
Cash Flow Estimate:
$652 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$607/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,656
$267,463
2025
$74,586
$192,877
$267,463
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,656
$267,463

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$294,566
Yes
First
Aug 4, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$290,979
$35,021
10%
89%
$1,838/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,838/mo
+$134/mo
7.3%

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: Denton

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618 Magnolia St | Property Details | No Agent List