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$190,000

16306 Oaklane Trl, Magnolia, TX, 77355

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,440 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.94 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2

Exterior

Lot Size11,050 sqft

Building Information

Year Built2000
Stories1

Land Information

APN9265-00-11300
Lot Number25
SubdivisionTimberloch Estates
Land UseResidential
Legal DescriptionS926500 - TIMBERLOCH ESTATES, BLOCK 4, LOT 25, SERIAL # TXFLT66B00501CG11, TITLE # 00421034, LABEL # RAD0887223
Census Tract690102
Assessed Land Value$44,200
Assessed Improvement Value$18,600
Assessment Year2025

About this property

Completely renovated and move-in ready, this is a beautifully updated 3-bedroom, 2-bath. Inside you'll find brand-new flooring throughout, fresh interior paint, new stainless steel appliances, granite countertops, and beautifully updated bathrooms featuring stylish tile shower surrounds. Situated on a spacious lot in the established Timberloch Estates community, this home offers plenty of outdoor space to enjoy while maintaining convenient access to Highway 249, FM 1488, shopping, dining, and Magnolia ISD schools. Unlike a mobile home, this is a manufactured home permanently affixed to the property and qualifies for traditional financing, including FHA, Conventional, VA, and USDA loans (subject to buyer qualification and lender approval). If you've been looking for an affordable, fully renovated home with modern finishes and flexible financing options, this is one you won't want to miss.

Investor Tools

$88,743Estimated Mortgage Balance
$81,257Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,140 /month
Positive
Cash Flow Estimate:
$380 /month

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Jeremy Humphrey

Specialized Property Management

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$154/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$994
$62,800
2025
$44,200
$18,600
$62,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$994
$62,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Commercial
$102,000
No
First
Jan 30, 2020
Jan 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$88,743
$81,257
47%
52%
$612/mo

City: Magnolia