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$690,000

NAL Estimated Property Value

21814 Michael Dr, Magnolia, TX, 77355

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,763 Sq Ft
price_per_sqft$247.92 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size4.13 acres

Building Information

Year Built1983
Stories2
Roof Type105
Garage Spaces3

Land Information

APN5335-02-02900
Lot Number28A-1
SubdivisionGlenmont Estates
Land UseResidential
Legal DescriptionS533502 - GLENMONT ESTATES 02, LOT 28A-1, 29-A, 30-A, ACRES 4.126
Census Tract690101
Assessed Land Value$177,418
Assessed Improvement Value$337,311
Assessment Year2025

About this property

Tucked into the natural beauty of the Piney Woods, this stunning 4+ acre property offers privacy, character, and luxurious updates throughout. Nestled on a sloping ravine, the home is surrounded by majestic trees and features a wrap-around porch, perfect for morning coffee or evening sunsets. Inside, rustic charm meets modern design with Z-Line Autograph Edition appliances, custom black onyx-stained white oak cabinetry, and leathered granite countertops in the kitchen. Hand-scraped hardwood floors, sourced locally, add warmth and authenticity. Bathrooms feature Cle Tile, granite counters, and white oak vanities, while bedrooms offer new carpet and peaceful views. Additional upgrades include new siding and paint, black-framed picture windows, and a spacious workshop with attached carport and guest house potential. Curated furnishings may also convey with the sale, offering a turnkey opportunity to step into this peaceful East Texas retreat and instantly feel at home.

Investor Tools

Property Icon
$690,000
Estimated Property Value
$551,810Estimated Mortgage Balance
$138,190Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,140 /month
Positive
Cash Flow Estimate:
$1,380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$998/month
$160/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,527
$514,729
2025
$177,418
$337,311
$514,729
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,527
$514,729

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexera Holding Llc
Conventional
$560,000
No
First
Jul 11, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$551,810
$132,190
19%
80%
$3,358/mo

City: Magnolia

21814 Michael Dr | Property Details | No Agent List