$160,000
$180,000
18718 Connie Avenue, Magnolia, TX, 77355
On Market
Price Drop
About this property
Lovely wooded lot with close access to (less than 10 miles) to both SH 249 and Grand Parkway/99. Situated on the outskirts of the city limits, this property offers city utility services. This small community boasts very little turn-over with established owner occupied homes on surrounding properties. Generously sized, at approximately 2/3 of an acre, there is plenty of space for a home, and a shop, and/or a pool. Great opportunity to build a home in a nice area without an HOA. No maintenance fees and low taxes!
Investor Tools
$0Estimated Mortgage Balance
$160,000Estimated Equity
100% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$960 /month
Positive
Cash Flow Estimate:
$320 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
