B+

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Owner Contacts

$214,000

7111 Cool Spring Court, Magnolia, TX, 77354

Pending

3 Beds

2 Bath

1,200 Sq Ft

Single Family Residence

$178.33 / sqft

Built in 2008

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher

FlooringCarpet, Laminate

Exterior

Lot Size6,052 sqft

Building Information

Year Built2008

Stories1

Roof Type105

Garage Spaces1

Land Information

APN5095-00-04700

Lot Number2

SubdivisionForest Crossing 01

Land UseResidential

Legal DescriptionS509500 - FOREST CROSSING 01, BLOCK 3, LOT 2

Census Tract690404

Assessed Land Value$34,194

Assessed Improvement Value$188,275

Assessment Year2025

About this property

WELCOME HOME! This CHARMING 3-bedroom, 2-bath home is nestled in the established FOREST CROSSING community of Magnolia! This well-maintained home offers a FUNCTIONAL layout with comfortable living spaces, TIMELESS appeal, and a FRESHLY painted interior! Step inside to find a SPACIOUS living area perfect for RELAXING or entertaining, featuring a blend of laminate and NEW carpet flooring throughout. The kitchen offers AMPLE CABINET and countertop space that flows SEAMLESSLY into the dining area, creating a COZY setting for everyday meals/gatherings. The PRIVATE primary suite includes an en-suite bath and generous closet space, while two secondary bedrooms provide FLEXIBILITY for guests, a home office, or hobbies! Enjoy a manageable, FULLY fenced backyard with a PATIO/DECK with room to personalize and make it your own. LOCATION, LOCATION, LOCATION!! Located near FM 1488, Shopping, Dining, and highly rated Magnolia ISD schools. Schedule your showing today!

Investor Tools

$146,922Estimated Mortgage Balance

$75,547Estimated Equity

33% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,335 /month

Positive

Cash Flow Estimate:

$445 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$267/month

$500/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,088

$222,469

2025

$34,194

$188,275

$222,469

Tax History

Year

Tax Paid

Assessed Value

2024

$2,088

$222,469

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Freedom Mortgage Corp

Fha

$163,395

Yes

First

Mar 26, 2021

Jul 2049

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$146,922

$75,547

33%

66%

$980/mo

Learn About the Market: Opportunity in Texas

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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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