$314,862
NAL Estimated Property Value16703 Hemlock Forest, Magnolia, TX, 77355
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesWater Heater, Disposal, Microwave, Free-Standing Range, Dishwasher, Oven
FlooringCarpet, Tile, Vinyl
Building Information
Year Built2024
Stories2
Roof Type105
Garage Spaces2
Land Information
APN5399-03-02400
Lot Number5
SubdivisionGrand Pines
Land UseResidential Single Family
Legal DescriptionS539903 - GRAND PINES 03, BLOCK 2, LOT 5
Assessed Land Value$50,000
Assessed Improvement Value$264,862
Assessment Year2025
About this property
New D.R. Horton's Express two story plan with four bedrooms, three full bathrooms, gameroom and a two car garage. The kitchen has lots of cabinets and is open to the dining room and family room. Large primary bedroom downstairs with a spacious closet. Features a large shower in the primary bathroom. Hard surface flooring in all living areas. Easy access from the garage to a generous sized utility room. Ask about available New Home Standard Features within our community.
Investor Tools
$314,862
Estimated Property Value
$293,909Estimated Mortgage Balance
$20,953Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,889 /month
Positive
Cash Flow Estimate:
$630 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$221/month
$525/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,079
$314,862
2025
$50,000
$264,862
$314,862
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,079
$314,862
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$304,865
Yes
First
May 23, 2024
Jun 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$293,909
$20,953
6%
93%
$1,828/mo
