40642 Balsam Run Ln, Magnolia, TX, 77354
About This Home
FANTASTIC NEW TWO STORY 4 BEDROOM IN MILL CREEK! Sought-After Interior Layout with Two Bedrooms & Two Full Baths Downstairs, plus a Study! Island Kitchen with Abundant Cabinetry & Corner Pantry Opens to Light & Bright Dining Area AND to Supersized Living Room! Privately Located First Floor Primary Suite Features Lovely Bath with Separate Tub and Shower & Big Walk-In Closet! Guest Suite/Second Bedroom with Adjoining Full Bath is Also Downstairs! Versatile Gameroom + Two Generously Sized Secondary Bedrooms Up! Covered Patio. Great Community with Fantastic Amenities for the Residents! Easy Access to the Grand Parkway & the Rapidly Growing City of Magnolia! Summer 2026 Move In!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- New construction: Yes
- Year built: 2026
Materials
- Foundation: Slab
- Roof: Composition
- Construction materials: Batts Insulation,Blown-In Insulation,Brick,Cement Siding
Other
- Builder name: D.R. Horton
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Water Heater,Disposal,Gas Oven,Microwave,Gas Range,Dishwasher
- Laundry features: Electric Dryer Hookup,Washer Hookup
Bedroom
- Level: Second
- Area: 121
- Dimensions: 11x11
Bedroom
- Level: Second
- Area: 121
- Dimensions: 11x11
Bedroom
- Level: First
- Area: 110
- Dimensions: 11x10
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Family Room
- Level: First
- Area: 270
- Dimensions: 18x15
Features
- High Ceilings,Prewired for Alarm System,En-Suite Bath,Primary Bed - 1st Floor,Walk-In Closet(s)
- Window features: Insulated/Low-E windows
- Flooring: Carpet,Vinyl
Game Room
- Level: Second
- Area: 320
- Dimensions: 20x16
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Electric
Interior Area
- Total structure area: 2,681
- Total interior livable area: 2,681 sqft
Other
- Level: First
- Area: 143
- Dimensions: 13x11
Primary Bedroom
- Level: First
- Area: 224
- Dimensions: 16x14
Property
Details
- Parcel number: 814122
Features
- Stories: 2
- Patio & porch: Covered
- Exterior features: Sprinkler System
- Fencing: Back Yard
Lot
- Features: Back Yard,Subdivided,0 Up To 1/4 Acre
Parking
- Total spaces: 2
- Parking features: Attached,Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Tornado
- Heat Wave
- Ice Storm
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,771 | $21,252 |
| Home Insurance * | $280 | $3,360 |
| Property Taxes | $420 | $5,040 |
| Electricity | $294 | $3,532 |
| Total | $2,765 | $33,180 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-17 | Price change | $329,990 |
| 2026-08-04 | Price change | $339,990 |
| 2026-06-29 | Listed for sale | $350,390 |
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