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B+
NoAgentList RatingHow are grades calculated?Info
Days53Days on Market
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$2,995,000

20002 Indigo Lake Drive, Magnolia, TX, 77355

On MarketInfo
Beds7 Beds
Baths8 Bath
Baths5,702 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$525.25 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 7Bedrooms 7
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Ice Maker, Water Softener, Wine Refrigerator, Convection Oven, Double Oven, Electric Oven, Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher, Dryer, Refrigerator, Washer, Water Purifier, Cooktop
FlooringMarble, Tile, Vinyl, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Outdoor Kitchen, Boat Slip, Dock
Lot Size2 acres

Building Information

Year Built1999
Stories2
Roof Type105
Garage Spaces2

Land Information

APN6146-00-03000
Lot Number30
SubdivisionIndigo Lake Estates
Land UseResidential
Legal DescriptionS614600 - INDIGO LAKE ESTATES 01, BLOCK 1, LOT 30
Census Tract690203
Assessed Land Value$114,000
Assessed Improvement Value$1,548,547
Assessment Year2025

About this property

Architecturally distinctive, this private waterfront estate sits on 2 wooded acres along Indigo Lake & offers a level of design character difficult to find. 150-ft of shoreline, dock/boat launch, the property blends recreation & relaxation. Morning coffee by the water. Evenings on the boat & waterside as the sun sets. The main home spans 5,789-sqft w/ cathedral ceilings, exposed wood beams, a dramatic floor-to-ceiling stone fireplace, & expansive windows framing uninterrupted views of the lake. The kitchen is equipped with a Viking 6-burner gas cooktop, double ovens, Italian Fulgor Milano fridge, & Carrera marble farmhouse sink. Two primary suites down & two bdrs up, plus study, game & flex rooms offer abundant space. Separate 2,354-sqft guest house w/ 3 bdrs & 2.5 ba for multi-gen living. 60kW generator powers entire property, high-efficiency HVAC, water softener & reverse osmosis filtration. 1.58% tax rate, no MUD, horses/hens allowed. More than a home. A private waterfront retreat.

Investor Tools

$931,445Estimated Mortgage Balance
$731,102Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,970 /month
Positive
Cash Flow Estimate:
$5,990 /month

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Erica Stietenroth

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,620/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$23,127
$1,662,547
2025
$114,000
$1,548,547
$1,662,547
No

Tax History

Year
Tax Paid
Assessed Value
2024
$23,127
$1,662,547

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Laraby Financial Group Inc
Conventional
$1,040,000
No
First
Dec 3, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$931,445
$731,102
43%
56%
$6,236/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Magnolia

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20002 Indigo Lake Drive | Property Details | No Agent List