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$248,000

NAL Estimated Property Value

26538 Flower Mound Lane, Magnolia, TX, 77354

Off MarketInfo
Beds— Beds
Baths— Bath
Baths924 Sq Ft

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size6.02 acres

Building Information

Year Built1990
Stories1

Land Information

APN5085-00-00800
Lot Number7
SubdivisionFlower Mound Ranchettes
Land UseResidential
Legal DescriptionS508500 - FLOWER MOUND RANCHETTES, LOT 7-A, 8, SERIAL PH072990, TITLE # 00701499, LABEL # TEX0465935, ACRES 6.023, MODEL 222
Census Tract690408
Assessed Land Value$87,190
Assessed Improvement Value$36,263
Assessment Year2025

About this property

6 acres, located in a cul-de-sac, just minutes from SH 249, less than 10 miles to Grand Parkway/99, and less than 6 miles to Woodlands Parkway. Seriously GREAT location! Property lies within the 100 year floodplain, with the back portion within the floodway ~ offered at this, for that consideration. There is a modest manufactured home on the property with zero value factored in, and will be conveyed with a bill of sale ~ no showings of the interior; no exceptions. Some fencing in place. No warranties or representations as to the condition of any improvements here, as it is being offered at lot value only, however there is electricity in place, and both public water and sewer is serviced by Aqua Texas. Heavily wooded, and surrounded by a mix of auxiliary buildings and homes on slabs. Estate sale, so no disclosures. Do NOT enter the property without an agent present, as an appointment is required.

Investor Tools

Property Icon
$248,000
Estimated Property Value
$3,384Estimated Mortgage Balance
$244,616Estimated Equity
98% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$105/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19
$64,808
2025
$87,190
$36,263
$123,453
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19
$64,808

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
William E Dark
Seller Carryback / Seller Financing / Seller Take-Back
$35,000
No
First
Mar 31, 1998
Apr 2013

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$3,384
$244,616
98%
1%
$210/mo

City: Magnolia

26538 Flower Mound Lane | Property Details | No Agent List