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$44,900

NAL Estimated Property Value

Lot 140 Magnolia Point Drive, Houston, TX, 77336

Off MarketInfo
Baths0 Bath

About this property

REDUCED $5,100!! Situated on Magnolia Point Dr. in Huffman, backs up to The Commons of Lake Houston. Did NOT flood during Harvey. Boat ramp for residents right down the street! There are three lots available that are 60x120 each, Lots 139 and 140 are contiguous, Lot 137 is on the Eastside of the Metal Building. Building is an excellent structure to store your boat, RV, cars, etc. with a loft. Lots 137, 138, 139, 140. The structure sits on lot 138. Lots of potential to build a beautiful home next to the current structure.

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0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

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

Learn About the Market: Opportunity in Houston

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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.

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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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Lot 140 Magnolia Point Drive | Property Details | No Agent List