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$301,000

NAL Estimated Property Value

18955 Ranchcrest Dr, Magnolia, TX, 77355

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,638 Sq Ft
price_per_sqft$140.35 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Electric Range, Electric Oven
FlooringLaminate, Tile, Wood

Exterior

Lot Size26,268 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN8211-02-15400
Lot Number52
SubdivisionRanch Crest 02
Land UseResidential
Legal DescriptionRANCH CREST 02, BLOCK 4, LOT 52
Census Tract690203
Assessed Land Value$52,536
Assessed Improvement Value$236,694
Assessment Year2025

About this property

**WOW** Unbelievable find in Magnolia ISD....1-story on 1/2+ acre lot, at fantastic price point! Recent upgrades include interior paint, updated stainless steel appliances (microwave being replaced on 5/2!), & new gate access to backyard to the left of the home. Laminate wood flooring and ceramic tile throughout, w/ exception of only carpeted (new carpet!) area being master closet. High ceilings in living areas, w/ unique architectural detail near ceiling between den & formal dining. Den boasts corner wood burning fireplace. Kitchen offers oak finish cabinetry, SS appliances, & eat-in breakfast area. Master suite includes spacious master bedroom, bathroom with soaking tub, and separate shower, and linen storage, and walk-in master closet. The garage was also recently painted. *HUGE* fenced backyard for plenty of 'play' time. Fire-pit, storage shed, and smaller fenced in area for a garden or dog run. Close proximity to area schools, and literally across the street from community park!

Investor Tools

Property Icon
$301,000
Estimated Property Value
$193,245Estimated Mortgage Balance
$107,755Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,806 /month
Positive
Cash Flow Estimate:
$602 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$520/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,740
$289,230
2025
$52,536
$236,694
$289,230
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,740
$289,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$218,405
No
First
Jun 22, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$193,245
$101,755
34%
64%
$1,310/mo

City: Magnolia

18955 Ranchcrest Dr | Property Details | No Agent List