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$305,582

NAL Estimated Property Value

17222 Butera Road, Magnolia, TX, 77355

Off MarketInfo
Beds— Beds
Baths— Bath
Baths2,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$247.5 / sqft

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling

Exterior

Lot Size3.20 acres

Building Information

Year Built2020

Land Information

APN0609-00-00715
SubdivisionWier David
Land UseIndustrial
Legal DescriptionA0609 - WIER DAVID, TRACT 7-B, ACRES 3.2
Census Tract690102
Assessed Land Value$209,088
Assessed Improvement Value$96,494
Assessment Year2025

About this property

This 3.2-acre property is an ideal investment opportunity with a large range of possibilities. Located in a fully fenced/gated wooded area, the property includes a 2000 (Rigid brand) metal building that can be transformed into a living space or commercial space. The building's open concept makes it perfect for a workshop/studio, or any other creative venture.One of the best features of this property is the septic system & can accommodate 4-10 campers or a 3 bedroom home. This makes it an ideal location to start an RV business/build a home in a peaceful, natural environment. Additionally, the property has a 200 ft water well, providing a reliable source of water. The unrestricted nature of the property means that there are no limitations on the type of building/business/home that can be developed on the property. It is very attractive to entrepreneurs and people who value autonomy and creativity. The possibilities for this property are numerous.

Investor Tools

Property Icon
$305,582
Estimated Property Value
$365,350Estimated Mortgage Balance
$305,582Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$535/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,897
$305,582
2025
$209,088
$96,494
$305,582
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,897
$305,582

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Unknown
$384,000
No
First
Sep 13, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$365,350
N/A
0%
120%
$2,303/mo

City: Magnolia