$370,000
NAL Estimated Property Value16711 Hemlock Forest Lane, Magnolia, TX, 77355
Off Market
Property Lead Type:
High Equity
Highlights
Interior
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Microwave, Gas Range, Dishwasher, Oven
FlooringCarpet, Vinyl
Building Information
Year Built2024
Stories2
Roof Type105
Garage Spaces2
Land Information
APN5399-03-02600
Lot Number7
SubdivisionGrand Pines
Land UseResidential Single Family
Legal DescriptionS539903 - GRAND PINES 03, BLOCK 2, LOT 7
Census Tract690102
Assessed Land Value$50,000
Assessed Improvement Value$273,490
Assessment Year2025
About this property
WELCOME TO GRAND PINES! New D.R. Horton's two story plan with four bedrooms, two and a half bathrooms, study, and gameroom1 The island kitchen has lots of cabinets and is open to the breakfast room and family room. Large primary bedroom with 2 spacious closets. Features a large shower in the primary bathroom. Hard surface flooring in all living areas. Generous sized utility room. Covered Patio overlooking the backyard. Ask about available New Home Standard Features within our community..
Investor Tools
$370,000
Estimated Property Value
$312,368Estimated Mortgage Balance
$57,632Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,220 /month
Positive
Cash Flow Estimate:
$740 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$244/month
$525/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,079
$323,490
2025
$50,000
$273,490
$323,490
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,079
$323,490
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Va
$323,490
Yes
First
Jun 4, 2024
Jul 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$312,368
$57,632
15%
84%
$1,940/mo
