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$673,450

NAL Estimated Property Value

21516 Timber Ridge Dr, Magnolia, TX, 77355

Off MarketInfo
Beds— Beds
Baths2 Bath
Baths3,192 Sq Ft
Year BuiltBuilt in 2020

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size2.02 acres

Building Information

Year Built2020
Stories2
Roof Type105
Garage Spaces3

Land Information

APN6146-03-07000
Lot Number50
SubdivisionIndigo Lake Estates
Land UseResidential
Legal DescriptionINDIGO LAKE ESTATES 03, BLOCK 2, LOT 50
Census Tract690204
Assessed Land Value$111,155
Assessed Improvement Value$648,655
Assessment Year2025

About this property

Land - It's not being made anymore!!! 2+ acres in the beautiful, scenic, highly desirable & family-centered community of Indigo Lake Estates. Luxurious, Serene, Captivating, Impeccable, are just a few of the thoughts that come to mind to describe the 2200 acreage subdivision. Come build YOUR custom dream home on YOUR own lot!!! Lot is excellently in the subdivision - 2 minutes from the water.

Investor Tools

Property Icon
$673,450
Estimated Property Value
$647,669Estimated Mortgage Balance
$25,781Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,041 /month
Positive
Cash Flow Estimate:
$1,347 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$960/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,155
$673,450
2025
$111,155
$648,655
$759,810
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,155
$673,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$455,000
No
First
Oct 29, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$647,669
$71,331
9%
96%
$4,227/mo

City: Magnolia

21516 Timber Ridge Dr | Property Details | No Agent List