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$254,000

NAL Estimated Property Value

1602 Magnolia Bend W, Cove, TX, 77523

$330,200 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,597 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.78 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDisposal, Ice Maker, Microwave, Gas Range, Dishwasher
FlooringTile

Exterior

Lot Size18,774 sqft

Building Information

Garage Spaces2

Land Information

APN51760-00306-00000-003000
Lot Number30
SubdivisionSouthern Plantation Est
Land UseResidential
Legal DescriptionLT30 SOUTHERN PLANTATION EST 1/2 UND INT P#68045
Census Tract710202
Assessed Land Value$22,710
Assessed Improvement Value$217,800
Assessment Year2025

About this property

This stunning new construction home is a masterpiece of modern design and luxury. Nestled on almost one acre with no back neighbors. There are 2 bedrooms & 2 bathrooms downstairs, while a game room, 2 bedrooms, & 1 bathroom are upstairs. Luxury amenities include Chicago Commons style brick, custom cabinetry in the kitchen & bathrooms, a walk-in pantry, & a custom mud bench. The kitchen is a chef's delight, equipped with a custom wood vent hood, pot filler, beverage fridge, & separate ice maker. The laundry room has a sink, cabinetry, & ample counter space. The spa-like primary bathroom is complete with double sinks, soaking tub, rain shower, & a towel warmer. The walk-in closet is a sight to be seen! The sliding back door leads to the covered back patio. It is also plumbed for an outdoor kitchen. A bathroom on the first floor opens up to the outside, providing a convenient option for guests & those enjoying outdoor activities. Schedule a showing & make this dream home yours!

Investor Tools

Property Icon
$254,000
Estimated Property Value
$418,630Estimated Mortgage Balance
$254,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$330,200
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$196/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,083
$240,510
2025
$22,710
$217,800
$240,510
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,083
$240,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Novus Home Mortgage
Conventional
$440,000
No
First
Sep 29, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$418,630
N/A
0%
165%
$2,639/mo

City: Cove

1602 Magnolia Bend W | Property Details | No Agent List