$275,000
NAL Estimated Property Value16507 S Ravenswood Drive, Magnolia, TX, 77354
$324,991 ARV
Off Market
Property Lead Type:
High Equity
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
Exterior
Lot Size14,810 sqft
Building Information
Year Built2023
Stories1
Roof Type105
Garage Spaces1
Land Information
APN7985-00-01800
Lot Number18
SubdivisionPine Vista Mh Village
Land UseResidential
Legal DescriptionS798500 - PINE VISTA MH VILLAGE, LOT 18, ACRES 0.34
Census Tract690300
Assessed Land Value$13,329
Assessed Improvement Value$242,182
Assessment Year2025
About this property
Gorgeous countryside home. kitchen with granite, breakfast bar overlooking the breakfast room! The large primary bedroom has bathroom complete with a large walk-in closet. This property is located just minutes away from the new development of HEB and more. All the cabinets in the house are soft close. All Bedrooms has carpet, and the rest of the house has ceramic tile.
Investor Tools
$275,000
Estimated Property Value
$251,039Estimated Mortgage Balance
$23,961Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$324,990
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$635/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,244
$255,511
2025
$13,329
$242,182
$255,511
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,244
$255,511
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security National Mortgage Co
Fha
$250,381
Yes
First
May 15, 2024
Jun 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,039
$23,961
8%
91%
$1,563/mo
