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$245,000

NAL Estimated Property Value

9626 Magnolia Ridge Dr, Houston, TX, 77070

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,508 Sq Ft
price_per_sqft$164.39 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Free-Standing Range, Dishwasher, Dryer, Oven, Refrigerator, Washer
FlooringLaminate, Tile

Exterior

Lot Size7,131 sqft

Building Information

Year Built1979
Stories2
Garage Spaces2

Land Information

APN1121200000005
Lot Number5
SubdivisionCharterwood
Land UseResidential
Legal DescriptionLT 5 BLK 10 017*C2916900-002-010-005 CHARTERWOOD SEC 2
Census Tract554201
Assessed Land Value$57,560
Assessed Improvement Value$142,732
Assessment Year2025

About this property

When you walk into this property, it feels like a new home! Two story vaulted ceiling family room with fireplace, beams, and ceiling fans! Upscale kitchen with stainless appliances, white cabinets, and granite countertops. Beautiful laminate and tile flooring! Knockout staircase and balcony looks out to the huge family room. Primary bedroom is downstairs with two additional spacious bedrooms and bath upstairs. Primary bedroom has private access to the backyard! No homes behind you, so here is your paradise! Window World windows with a lifetime transferable warranty including breakage. Never flooded. Minutes from great dining and shopping at Vintage Park. Zoned to Klein schools and easily accessible to 249, Beltway 8, and the Grand Parkway! The seller has made this a one of a kind beauty for you to move right in!

Investor Tools

Property Icon
$245,000
Estimated Property Value
$0Estimated Mortgage Balance
$245,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,487 /month
Positive
Cash Flow Estimate:
$496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$394/month
$280/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,502
$200,292
2025
$57,560
$142,732
$200,292
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,502
$200,292

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$245,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$280/mo
+$1,840/mo
10.4%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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