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$385,792

NAL Estimated Property Value

162 Magnolia Grove Ln, Conroe, TX, 77384

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,192 Sq Ft
price_per_sqft$159.67 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,143 sqft

Building Information

Year Built2009
Stories1
Roof Type105
Garage Spaces2

Land Information

APN5553-00-03800
Lot Number14
SubdivisionGrove At Jacobs Reserve
Land UseResidential
Legal DescriptionS555300 - GROVE AT JACOBS RESERVE, BLOCK 2, LOT 14
Census Tract690503
Assessed Land Value$42,052
Assessed Improvement Value$343,740
Assessment Year2025

About this property

This stunning 2,192 SF brick & stone, 1 story, ranch style 4/2/2 home on 6,143 SF lot is nestled in the well sought after neighborhood of Grove at Jacob's Reserve. Just minutes from I-45, The Woodlands & Lake Conroe. Key features include 2022 roof, recent water softener, whole house surge protector, double paned windows, solar screens, open concept, split floorplan, 10 and 12 ft high ceilings throughout, spacious covered patio, double wide driveway, sidewalk lined yards, no back neighbors and highly rated Conroe ISD schools just to name a few! Amenities include Welch Park, community fishing lake, picnic areas, pavilions, trails, playground, resort style swimming pool w/ splash pad, putt putt, and exercise field. Residents can also enjoy all of the scenic views, ponds, and trails within W.G. Jones State Forest which is adjacent to the Grove At Jacob's Reserve. Buyers must verify all info. & measurements. NEVER FLOODED per seller. Act quickly! This home will not last!

Investor Tools

Property Icon
$385,792
Estimated Property Value
$319,185Estimated Mortgage Balance
$66,607Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,315 /month
Positive
Cash Flow Estimate:
$772 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$769/month
$665/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,297
$385,792
2025
$42,052
$343,740
$385,792
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,297
$385,792

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Fha
$340,714
Yes
First
Dec 1, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$319,185
$66,607
17%
83%
$2,043/mo

City: Conroe

162 Magnolia Grove Ln | Property Details | No Agent List