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$579,405

NAL Estimated Property Value

22915 Baneberry Rd, Magnolia, TX, 77355

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,914 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$261.23 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Convection Oven, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size5.17 acres

Building Information

Year Built1995
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3415-11-18000
Lot Number60
SubdivisionClear Creek
Land UseResidential
Legal DescriptionS341511 - CLEAR CREEK FOREST 11, BLOCK 8, LOT 60
Census Tract690101
Assessed Land Value$225,383
Assessed Improvement Value$354,022
Assessment Year2025

About this property

If you are looking for a property with privacy and seclusion on 5 or more acres while still remaining close to major highways for quick access around Houston, you have found it with this 5.17 acres in Magnolia! On the highest point of the land sits a 1-story Ranchette-style home that has been well maintained. New TRANE AC unit in 2020, new kitchen appliances in 2020, new roof in 2018, w/ gutters and brick all the way around. Back deck was redone in 2020 to watch the plentiful wildlife that comes to this property. Deer, hawks, blue birds, and owls are just some of the wildlife that loves this property. Horses are also welcomed here as you can have 1 horse per every 3/4 acres in Clear Creek Forest 11. See photos for the fences this property already comes with. There is a 875 sq ft detached garage building with a tall bay door to store almost anything. The entire front of the property is tree-lined, so once you turn thru the gate into your driveway, it's a secluded world just for you.

Investor Tools

Property Icon
$579,405
Estimated Property Value
$461,412Estimated Mortgage Balance
$117,993Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,476 /month
Positive
Cash Flow Estimate:
$1,159 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$848/month
$174/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,276
$579,405
2025
$225,383
$354,022
$579,405
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,276
$579,405

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cherry Creek Mortgage Co Inc
Conventional
$498,750
No
First
May 3, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$461,412
$117,993
20%
80%
$2,991/mo

City: Magnolia

22915 Baneberry Rd | Property Details | No Agent List