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$285,000

16010 Long Neck Drive, Magnolia, TX, 77355

$370,500 ARVInfo
On MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,452 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$82.56 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Must-SellARV FlipHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Cooktop, Dishwasher, Cooktop
FlooringCarpet, Laminate, Tile

Exterior

Lot Size21,000 sqft

Building Information

Year Built2015
Stories2
Roof Type105

Land Information

APN2157-00-04000
Lot Number13
SubdivisionArmadillo Woods 01
Land UseResidential
Legal DescriptionARMADILLO WOODS 01, BLOCK 2, LOT 13, ACRES 0.482
Census Tract690102
Assessed Land Value$19,149
Assessed Improvement Value$545,147
Assessment Year2025

About this property

Discover this one-of-a-kind property offering space, flexibility, and exceptional features. Situated on a large lot with no restrictions, this home provides endless possibilities for comfortable living and entertaining. Inside, you’ll find an open-concept layout with a spacious kitchen featuring granite countertops, ample cabinet space, and a seamless flow into the living and dining areas. Tile and laminate flooring run throughout, with carpet in select rooms. The oversized primary suite includes a large walk-in closet and a well-appointed bathroom with dual granite vanities, a separate shower, and a soaking tub. An additional en-suite bedroom adds convenience for guests. All bedrooms are generously sized with great closet space, and a large game room offers additional room for entertainment. Enjoy outdoor living with an oversized patio deck, perfect for gatherings, along with a welcoming front porch. This property is being sold as-is, will need TLC!

Investor Tools

$123,723Estimated Mortgage Balance
$161,277Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$370,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

Interested in this property?

Hector Falcon

FYI Realty - Humble

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$299/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,162
$230,614
2025
$19,149
$545,147
$564,296
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,162
$230,614

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$141,000
No
First
Feb 11, 2020
Mar 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$123,723
$161,277
56%
43%
$846/mo

City: Magnolia