$450,000
NAL Estimated Property Value157 Linwood, Conroe, TX, 77304
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size2.60 acres
Building Information
Year Built2020
Stories1
Roof Type112
Garage Spaces2
Land Information
APN7080-00-01000
Lot Number8
SubdivisionMagnolia Lake
Land UseResidential
Legal DescriptionS708000 - MAGNOLIA LAKE, LOT 8
Census Tract694307
Assessed Land Value$130,000
Assessed Improvement Value$281,200
Assessment Year2025
About this property
Beautiful 2.6 acre wooded lot, gently sloping to back. Over 390 feet of frontage and 640 feet of depth. Has access point to private Magnolia Lake. Mature trees, wildlife, and nature setting with existing detached garage/workshop of 900 sq. ft. Minimal Deed Restrictions (1950's) provide for community use of private lake and restrictions of hunting and firearm use. Agent is related to owner.
Investor Tools
$450,000
Estimated Property Value
$81,037Estimated Mortgage Balance
$368,963Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$597/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,918
$411,200
2025
$130,000
$281,200
$411,200
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,918
$411,200
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Commercial
$93,750
No
First
Jul 9, 2019
Jul 2024
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$81,037
$330,163
80%
18%
$563/mo
