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$335,000

16526 Walnut Springs Lane, Magnolia, TX, 77355

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,900 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.32 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Tile, Vinyl, Wood

Exterior

Lot Size14,645 sqft

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces4

Land Information

APN9475-00-02600
Lot Number22
SubdivisionWalnut Springs 01
Land UseResidential
Legal DescriptionWALNUT SPRINGS 01, BLOCK 2, LOT 22, ACRES 0.330
Census Tract690102
Assessed Land Value$29,290
Assessed Improvement Value$267,120
Assessment Year2025

About this property

Nestled on a serene 1/3-acre unrestricted lot in Magnolia, this charming 3-BDRM, 2-BTH home offers a perfect blend of country tranquility and modern convenience. Anchored by a charming potbelly stove, the living room is warm and welcoming, while the formal dining provides an elegant setting for hosting and entertaining. The kitchen is equipped with stainless steel appliances, wood cabinets, and breakfast nook. Enjoy the outdoors from a screened porch overlooking the backyard, or utilize the spacious 3-car garage with attached workshop for projects and storage. Enjoy added peace of mind with new roofs on both the home and detached garage/workshop (June 2025), along with updated flooring (2025). An income-producing property, this home offers opportunity for investors seeking established cash flow. This property provides easy access to major roadways, including TX249, enhancing your daily commutes. Embrace the best of both worlds with this delightful home—schedule your private tour today!

Investor Tools

$0Estimated Mortgage Balance
$377,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,262 /month
Positive
Cash Flow Estimate:
$754 /month

Interested in this property?

Ryan Jockers

Better Homes and Gardens Real Estate Gary Greene - Champions

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$200/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$512
$296,410
2025
$29,290
$267,120
$296,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$512
$296,410

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$377,000
100%
0%
$0/mo

City: Magnolia

16526 Walnut Springs Lane | Property Details | No Agent List