$534,000
NAL Estimated Property Value22918 Blackgum Dr, Magnolia, TX, 77355
Off Market
Highlights
Interior
AppliancesDisposal, Microwave, Gas Range, Dishwasher
FlooringTile
Exterior
Lot Size39,204 sqft
Building Information
Garage Spaces2
Land Information
APN3415-12-60300
Lot Number64
SubdivisionClear Creek
Land UseResidential
Legal DescriptionCLEAR CREEK FOREST 12, BLOCK 18, LOT 64, ACRES 0.900
Census Tract690101
Assessed Land Value$58,809
Assessment Year2025
About this property
Wonderful opportunity to build your dream home on spacious wooded lot, boasting just about an acre is within the peaceful, deed restricted community of Clear Creek Forest. Ready for you to design and construct your dream home, tailored to your unique lifestyle within this nature filled community full of deer, birds and towering trees. Wonderful community amenities including covered pavilion, park, pool, fishing pond, picnic area, playground and more. Easy access to FM 2920, FM 249, and HWY 290 ensures a smooth commute to all your needs.
Investor Tools
$534,000
Estimated Property Value
$480,276Estimated Mortgage Balance
$53,724Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,204 /month
Positive
Cash Flow Estimate:
$1,068 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$300/month
$230/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$930
$58,809
2025
$58,809
N/A
$58,809
No
Tax History
Year
Tax Paid
Assessed Value
2024
$930
$58,809
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Lending Corp
Conventional
$495,000
No
First
Sep 18, 2024
Oct 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$480,276
$47,724
9%
90%
$2,968/mo
