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$175,960

NAL Estimated Property Value

120 Magnolia Lane, Shepherd, TX, 77371

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,300 Sq Ft
price_per_sqft$119.23 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Refrigerator
FlooringLaminate

Exterior

Lot Size10,903 sqft

Building Information

Year Built2007

Land Information

APN73981
Lot Number10
SubdivisionLake Water Wheel Estates
Land UseResidential
Legal DescriptionLAKE WATER WHEEL ESTATES #6, BLOCK 9, LOT 10, ACRES .2503
Census Tract200103
Assessed Land Value$3,820
Assessed Improvement Value$172,140
Assessment Year2025

About this property

WELCOME HOME! Recently updated home has 4 bedrooms & 2 baths on almost half an acre in Lake Waterwheel Subdivision! All new flooring, doors, custom trim work and freshly painted throughout! AC unit is only 1 year old. Fully fenced backyard and storage building. If you're looking for privacy- look no further no side, back or front neighbors! Neighborhood amenities include a pool, playground, ball fields, lakes, tennis courts and a clubhouse for gatherings. Home has NEVER flooded! This is a MUST SEE- schedule your showing today!

Investor Tools

Property Icon
$175,960
Estimated Property Value
$128,963Estimated Mortgage Balance
$46,997Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,056 /month
Positive
Cash Flow Estimate:
$352 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$148/month
$39/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$896
$175,960
2025
$3,820
$172,140
$175,960
No

Tax History

Year
Tax Paid
Assessed Value
2025
$896
$175,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Fha
$147,283
Yes
First
Jan 17, 2020
Feb 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$128,963
$46,997
26%
73%
$884/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$923/mo
+$384/mo
8.9%

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: Shepherd

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120 Magnolia Lane | Property Details | No Agent List