$518,000
NAL Estimated Property Value26444 Fm 2978 Rd, Magnolia, TX, 77354
Off Market
Commercial
Highlights
Interior
Exterior
Lot Size3.41 acres
Land Information
APN0027-01-07104
SubdivisionMiller Joseph
Land UseResidential
Legal DescriptionA0027 - MILLER JOSEPH, TRACT 85, ACRES 3.407
Census Tract690603
Assessed Land Value$341,340
Assessment Year2024
About this property
RESIDENTIAL OR COMMERICAL DEVELOPMENT OPPORTUNITY! 5.14 acres with FM 2978 frontage. This property is a combination of 2 lots that border FM 2978. Lot bordering Huffsmith Conroe in listing photos is no longer available. Flat build site, lot lines are approximate, contact agent for details.
Investor Tools
$518,000
Estimated Property Value
$785,439Estimated Mortgage Balance
$518,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,108 /month
Positive
Cash Flow Estimate:
$1,036 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$666/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,404
$341,340
2024
$341,340
N/A
$341,340
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,404
$341,340
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Unknown
$1,008,000
No
First
Jan 29, 2016
Jan 2018
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$785,439
N/A
0%
152%
$6,044/mo
