Last 24 Hours
$199,000
NAL Estimated Property Value20590 Fm 1488 Rd, Magnolia, TX, 77355
Off Market
Commercial
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size1.38 acres
Land Information
APN7125-00-04200
Lot Number42
SubdivisionMagnolia West
Land UseResidential
Legal DescriptionS712500 - MAGNOLIA WEST, LOT 42, ACRES 1.38
Census Tract690203
Assessed Land Value$120,226
Assessment Year2025
About this property
Wooded 1.38 acre lot that has been recently under-brushed just 2 miles west of FM 1774 on FM 1488. The property is across the street from the Magnolia Super Burger on the north side of FM 1488. Next door is Spring Creek Builders located at 20560 FM 1488.
Investor Tools
$199,000
Estimated Property Value
$0Estimated Mortgage Balance
$199,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$242/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,903
$120,226
2025
$120,226
N/A
$120,226
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,903
$120,226
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$199,000
100%
0%
$0/mo
12.4%