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$469,900

516 Magnolia Pkwy, Benbrook, TX, 76126

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,402 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.63 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size8,024 sqft

Building Information

Year Built2010
Stories1
Garage Spaces2

Land Information

APN3873-1-5
Lot Number5
SubdivisionBrookside At Benbrook Field
Land UseResidential
Legal DescriptionBROOKSIDE AT BENBROOK FIELD BLOCK 1 LOT 5
Census Tract110907
Assessed Land Value$80,000
Assessed Improvement Value$386,522
Assessment Year2025

About this property

Welcome to this beautifully designed 3-bedroom, 2.5-bathroom home tucked inside the boutique Brookside neighborhood! Built in 2010, this home offers a unique, multifunctional open layout floorplan with flexible living spaces, abundant natural light, and thoughtfully designed spaces that adapt to the way you live. The dream kitchen features ample cabinetry, generous countertop space, and an inviting connection to the main living areas perfect for everyday living or entertaining. The living room is warm and welcoming with a wood-burning fireplace, while a second family room provides incredible flexibility for a game room, playroom, media space, home office, or additional gathering area. The oversized primary suite offers plenty of room to relax, with a spacious primary bathroom designed for comfort and functionality. Secondary bedrooms are split from the primary for added privacy. Outside, enjoy a flat backyard with room to play, entertain, or create your own outdoor retreat. Located in the highly desired Brookside neighborhood and just steps from BASIS, this home offers an unbeatable combination of neighborhood charm and convenience, with easy access to I-20, I-30, and the Chisholm Trail Parkway. Updates include new HVAC in 2022 and water heater in 2023.

Investor Tools

$278,037Estimated Mortgage Balance
$188,485Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,819 /month
Positive
Cash Flow Estimate:
$940 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$840/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,751
$466,522
2025
$80,000
$386,522
$466,522
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,751
$466,522

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bth Bank Na
Unknown
$308,000
No
First
Aug 26, 2021
Aug 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,037
$188,485
40%
60%
$1,847/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$1,847/mo
+$233/mo
5.4%

City: Benbrook

516 Magnolia Pkwy | Property Details | No Agent List