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$309,000

19540 Loafers Ln, Magnolia, TX, 77355

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,857 Sq Ft
price_per_sqft$166.4 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringTile

Exterior

Lot Size20,000 sqft

Building Information

Year Built1994
Stories1
Roof Type112
Garage Spaces4

Land Information

APN9720-04-00500
Lot Number5,8
SubdivisionWoodland Lakes 04 Mag
Land UseResidential
Legal DescriptionS972004 - WOODLAND LAKES 04 MAG, LOT 5, 8, ACRES 0.46
Census Tract690203
Assessed Land Value$44,800
Assessed Improvement Value$192,484
Assessment Year2025

About this property

Gorgeous wood cedar ranch style home on almost half an acre in a peaceful neighborhood. Recently remodeled with 5 bedrooms, 3 bathrooms, and 2 porches. The additional entrance is ideal for a with additional living space for guests. Features a separated one-car garage, workshop, and storage. Enjoy the community pond, pier, picnic areas, playground, and Magnolia ISD. Large outdoor carport/pavilion for entertaining, spacious kitchen, and updated interiors. Washer, dryer, refrigerator included. Never flooded, no broken pipes. Conveniently located near FM 1488 and Magnolia City. A must-see property with plenty to offer.

Investor Tools

$189,742Estimated Mortgage Balance
$58,613Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,854 /month
Positive
Cash Flow Estimate:
$618 /month

Interested in this property?

Gabriel Cadavid

Cadavid Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$417/month
$169/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,762
$237,284
2025
$44,800
$192,484
$237,284
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,762
$237,284

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$207,000
No
First
Dec 1, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,742
$62,258
24%
77%
$1,242/mo

City: Magnolia

19540 Loafers Ln | Property Details | No Agent List