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$125,000

2109 Magnolia Drive, La Marque, TX, 77568

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,250 Sq Ft
price_per_sqft$100 / sqft
Year BuiltBuilt in 1946

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size9,230 sqft

Building Information

Year Built1946
Stories1
Roof Type105
Garage Spaces2

Land Information

APN4870-0000-0007-000
Lot Number7
SubdivisionMagnolia
Land UseResidential
Legal DescriptionABST 150 J D MOORE SUR LOT 7 MAGNOLIA ADDN
Census Tract722900
Assessed Land Value$5,540
Assessed Improvement Value$102,320
Assessment Year2025

About this property

Investor Special with Exceptional Potential! This property offers an outstanding opportunity for investors, builders, or buyers looking to customize a home from the ground up while benefiting from substantial work already completed. It features a solid structural frame with electrical, plumbing, and HVAC systems already in place. The owner has also purchased flooring, providing an added value for the next owner. A newly poured driveway leads to a spacious two-car tandem garage complete with a workshop and rinse station, offering excellent functionality for hobbies, storage, or future projects.The current layout is well suited for a modern open-concept design with the potential for a spacious 3-bedroom, 2-bath floor plan. With an estimated ARV that will blow your mind, this property presents an excellent opportunity to renovate, resell, or create a long-term income-producing investment.Bring your vision and transform this promising property into something truly special.

Investor Tools

$294,182Estimated Mortgage Balance
$147,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$882 /month
Positive
Cash Flow Estimate:
$294 /month

Interested in this property?

Therese Rogers

Anchored Real Estate Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$197/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,627
$107,860
2025
$5,540
$102,320
$107,860
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,627
$107,860

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Residential Mortgage Group
Va
$299,000
Yes
First
Jul 18, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$294,182
N/A
0%
200%
$1,793/mo

City: La Marque

2109 Magnolia Drive | Property Details | No Agent List