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$450,000

NAL Estimated Property Value

157 Linwood, Conroe, TX, 77304

Off MarketInfo
Beds— Beds
Baths2 Bath
Baths1,600 Sq Ft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

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

Property Icon
$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

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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

City: Conroe

157 Linwood | Property Details | No Agent List