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$505,417

NAL Estimated Property Value

217 Amarillo Dr, Magnolia, TX, 77354

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,175 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.87 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size30,600 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces4

Land Information

APN9513-00-11600
Lot Number16-17
SubdivisionWindmill Acres
Land UseResidential
Legal DescriptionS951300 - WINDMILL ESTATES, BLOCK L, LOT 16, 17, ACRES 0.7
Census Tract690300
Assessed Land Value$73,440
Assessed Improvement Value$440,109
Assessment Year2025

About this property

Rare find in the Heart of Magnolia! An expanded driveway welcomes you home to this inviting 3/2 ranch style home that has it ALL on a beautifully wooded 0.7+/- acre homesite! A 2-stall carport plus oversized 3-car garage offering AC in 3rd stall with insulated 8 ft overhead door - ideal for workshop, hobbies, workout space or home school -adjacent to the 1/1 garage apt/guest suite complete with kitchenette & living space. Recent updates include: 2 Water Heaters 9/2020; Exterior Paint 8/2020; Roof 5/2020; Main House HVAC - Outside Unit 7/2020 & Inside Unit 2018; Interior Paint, New Sink, Faucet, Stainless Cooktop, Backsplash & Granite 4/2019; Expanded Concrete Entry, Driveway & Parking 2015. Enjoy the outdoors from the sprawling front porch or back covered patio & extensive concrete decking. A portion of the backyard is fenced for pets, leaving extended back & side yards open. Enjoy easy access to the new Aggie Expressway & more in this great location within the City Limits of Magnolia.

Investor Tools

Property Icon
$505,417
Estimated Property Value
$273,513Estimated Mortgage Balance
$231,904Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,033 /month
Positive
Cash Flow Estimate:
$1,011 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$796/month
$508/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,021
$505,417
2025
$73,440
$440,109
$513,549
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,021
$505,417

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$306,000
No
First
Nov 24, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,513
$231,904
45%
54%
$1,835/mo

City: Magnolia