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$333,000

726 Magic Oaks Dr, Spring, TX, 77388

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,670 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$97.34 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Absentee Owner

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, Laminate, Tile

Exterior

Lot Size10,115 sqft

Building Information

Year Built1971
Stories1
Garage Spaces6

Land Information

APN1012980000028
Lot Number28
SubdivisionEnchanted Oaks
Land UseResidential
Legal DescriptionLT 28 BLK 18 ENCHANTED OAKS SEC 2
Census Tract553401
Assessed Land Value$56,088
Assessed Improvement Value$246,149
Assessment Year2025

About this property

This is a Cool Floor Plan in established Enchanted Oaks in Spring, zoned to Klein ISD. Large Lot with open space and Mature Trees. The primary bedroom is private and secluded from all the activities of daily living. Great kitchen with granite, stainless steel appliances and a double oven. 3 amply sized bedrooms upstairs and accessible via a private staircase near the breakfast area. You have to see the carport! It's a great place to gather outside in good weather or bad, and has an automated privacy gate High efficiency Lennox HVAC system with fully programmable thermostat installed in 2018. New 7' Privacy Fence. Convenient to anything that life requires! Come Check It Out! Garage, Flex and Utility Rooms flooded during Hurricane Harvey. This was the first time since construction in 1971, and has not flooded again. The kitchen, living areas, bedrooms, baths on the main floor and second floor did not flood. Demolition and renovation were done immediately following the storm

Investor Tools

Property Icon
$333,000
Estimated Property Value
$258,236Estimated Mortgage Balance
$90,088Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,998 /month
Positive
Cash Flow Estimate:
$666 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$496/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,281
$302,237
2025
$56,088
$246,149
$302,237
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,281
$302,237

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$258,236
Yes
First
May 18, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,912
$93,088
27%
73%
$1,611/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,180/mo
$1,861/mo
+$1,319/mo
11.5%

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.

Explore Texas Explore This Area
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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726 Magic Oaks Dr | Property Details | No Agent List