$275,676
NAL Estimated Property Value16808 Elder Pine Lane, Magnolia, TX, 77355
$286,546 ARV
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Microwave, Gas Range, Dishwasher, Oven
FlooringCarpet, Vinyl
Building Information
Year Built2023
Stories1
Roof Type105
Garage Spaces2
Land Information
APN5399-03-00800
Lot Number8
SubdivisionGrand Pines
Land UseResidential Single Family
Legal DescriptionS539903 - GRAND PINES 03, BLOCK 1, LOT 8
Census Tract690102
Assessed Land Value$50,000
Assessed Improvement Value$225,676
Assessment Year2025
About this property
WELCOME TO GRAND PINES! New D.R. Horton's one story plan with four bedrooms, two bathrooms and a two car garage. The island kitchen has lots of cabinets and is open to the breakfast room and family room. Large primary bedroom with a spacious closet. 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
$275,676
Estimated Property Value
$259,461Estimated Mortgage Balance
$16,215Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$286,545
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,662 /month
Positive
Cash Flow Estimate:
$554 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$356/month
$525/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,889
$275,676
2025
$50,000
$225,676
$275,676
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,889
$275,676
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$270,008
Yes
First
Mar 25, 2024
Apr 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$259,461
$16,215
5%
94%
$1,619/mo
