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$450,000

NAL Estimated Property Value

20024 W Lakeshore Dr, Magnolia, TX, 77355

$453,296 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,746 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.87 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating ElectricHeating Electric
AppliancesDishwasher, Electric Range, Microwave, Electric Water Heater
FlooringCarpet, Laminate, Tile, Vinyl, Wood

Exterior

Lot Size2.80 acres

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces2

Land Information

APN9720-03-00500
Lot Number5
SubdivisionWoodland Lakes 03 Mag
Land UseResidential
Legal DescriptionWOODLAND LAKES 03 MAG, LOT 5, ACRES 2.800
Census Tract690203
Assessed Land Value$125,440
Assessed Improvement Value$321,280
Assessment Year2025

About this property

Nestled on 2.8 acres of picturesque land in Magnolia, TX, this charming property offers a unique blend of comfort, versatility, and natural beauty. The main house boasts 3 spacious bedrooms and 3 full baths, designed with a thoughtful layout to meet all your needs. A standout feature is the in-house, in-law suite, complete with its own kitchen, living, and dining areas, providing a private haven for guests or extended family. Adding to the appeal is an additional dwelling unit with approximately 1,000 square feet that exudes character and functionality. This separate living space includes a well-appointed kitchen, cozy living and dining areas, and a loft-style bedroom located upstairs for a touch of charm and privacy. Surrounded by large, mature trees, the expansive acreage creates a serene retreat for enjoying the outdoors. Whether you’re seeking a multigenerational living arrangement, or just extra space to entertain, this property is a rare gem in a sought-after location.

Investor Tools

Property Icon
$663,000
Estimated Property Value
$0Estimated Mortgage Balance
$663,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$453,296
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,978 /month
Positive
Cash Flow Estimate:
$1,326 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$523/month
$186/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,959
$446,720
2025
$125,440
$321,280
$446,720
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,959
$446,720

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$645,000
100%
0%
$0/mo

City: Magnolia

20024 W Lakeshore Dr | Property Details | No Agent List