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$329,900

626 Magic Oaks Dr, Spring, TX, 77388

$337,721 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,846 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$115.92 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl Plank

Exterior

Lot Size10,197 sqft

Building Information

Year Built1972
Stories2
Garage Spaces2

Land Information

APN1012980000022
Lot Number22
SubdivisionEnchanted Oaks
Land UseResidential
Legal DescriptionLT 22 BLK 18 ENCHANTED OAKS SEC 2
Census Tract553401
Assessed Land Value$66,045
Assessed Improvement Value$220,510
Assessment Year2025

About this property

High & Dry! See this fabulously maintained home on a spacious lot & quiet street. This stately home has been lovingly cared for & maintained by the same wonderful family for 25 years. Big items have already been done here, with double pane windows, roof(2022), updated HVAC, Hardie-Plank siding, sprinkler system, & more! 24 KW Generac Generator means not having to worry about power outages!Super versatile floor plan offers huge family room w/wet bar, spacious dining room, generous game room downstairs, & kitchen with double ovens, lots of cabinet & counter space, & ample breakfast area.Primary suite is on the ground floor with his/hers closets, double sinks, plus vanity area! Upstairs you'll find 3 spacious bedrooms, all with generous closet space & a full bathroom.The spacious garage was rebuilt after a tree fell on it, so it is more modern, & has tons of storage!Tucked behind the garage is a 16'x12' shed, providing even more storage!Easy access to I-45, shopping, restaurants, & more!

Investor Tools

$129,206Estimated Mortgage Balance
$218,500Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$337,721
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,082 /month
Positive
Cash Flow Estimate:
$694 /month

Interested in this property?

Rebecca Drake

RE/MAX The Woodlands & Spring

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$218/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$886
$286,555
2025
$66,045
$220,510
$286,555
No

Tax History

Year
Tax Paid
Assessed Value
2024
$886
$286,555

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amegy Mortgage Company Llc
Conventional
$164,000
No
First
Jul 19, 2016
Aug 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$129,206
$205,794
61%
37%
$984/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,180/mo
$1,134/mo
+$2,046/mo
11.0%

City: Spring

626 Magic Oaks Dr | Property Details | No Agent List