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$691,000

NAL Estimated Property Value

21118 Timber Ridge Dr, Magnolia, TX, 77355

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,063 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.5 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Microwave, Free-Standing Range, Dishwasher
FlooringCarpet, Laminate, Slate, Tile

Exterior

Lot Size1.94 acres

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6146-03-05800
Lot Number38
SubdivisionIndigo Lake Estates
Land UseResidential
Legal DescriptionINDIGO LAKE ESTATES 03, BLOCK 2, LOT 38
Census Tract690204
Assessed Land Value$106,535
Assessed Improvement Value$604,029
Assessment Year2025

About this property

Exceptional one story home on 2+/- acres in prestigious Indigo Lake Estates. NEW ROOF Nov 2020! Nicely wooded front with a circular driveway. Beautiful open floor plan, high/tray ceilings, arched entry way, large living room w/ fireplace, study w/ french doors and closet (could be used as 4th bedroom). Breakfast area; Sizable kitchen offers large island, granite counter tops, tile back splash, plenty of cabinets and butlers pantry. Huge primary w/ sitting area, primary bath offers his/her sinks, vanity, jetted tub and separate shower. Lg laundry room with plenty of storage & under counter sink. Third bedroom on opposite side offers it's own living area and full bath (could be used as mother-in-law or guest quarters). Covered back patio for enjoying BBQ, morning coffee or afternoon tea. Beautiful wooded back yard with mature trees and wild life. The 165 acre subdivision lake allows for boating, fishing and swimming, horses allowed. Come make this your new home.

Investor Tools

Property Icon
$691,000
Estimated Property Value
$162,172Estimated Mortgage Balance
$528,828Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,146 /month
Positive
Cash Flow Estimate:
$1,382 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$744/month
$1,300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,477
$652,190
2025
$106,535
$604,029
$710,564
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,477
$652,190

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$180,000
No
First
Mar 3, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$162,172
$514,828
76%
23%
$1,080/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.

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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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21118 Timber Ridge Dr | Property Details | No Agent List