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Owner Contacts

$296,000

26563 Lazy Ln, Magnolia, TX, 77355

Off Market

3 Beds

2 Bath

1,488 Sq Ft

Single Family Residence

$200.94 / sqft

Built in 1989

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDouble Oven, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher, Refrigerator

FlooringLaminate, Tile, Vinyl, Wood

Exterior

Lot Size19,000 sqft

Building Information

Year Built1989

Stories1

Roof Type105

Garage Spaces3

Land Information

APN9720-01-07700

Lot Number1-2

SubdivisionWoodland Lakes 01 Mag

Land UseResidential

Legal DescriptionWOODLAND LAKES 01 MAG, BLOCK 9, LOT 1, 2, ACRES 0.440

Census Tract690203

Assessed Land Value$42,560

Assessed Improvement Value$184,515

Assessment Year2025

About this property

WELCOME TO THIS STUNNING SINGLE STORY RANCH STYLE HOME ON .44 ACRES! This three bedroom, two bath home has been updated & well maintained making relaxed country living a reality! Most loved features include rich wood paneling with a vaulted ceiling in the living room, a slate wood burning fireplace, updated kitchen with granite countertops & stainless appliances, private backyard, hot tub/spa, 2-car garage, outdoor kitchen/carport all on .44 acres (2 lots). This lovely home is move in ready & includes a new roof (8/2025), new dishwasher, new electrical breaker box, sprinkler system in front & back yards, aerobic septic system, freshly painted exterior & re-landscaped front flower beds! Woodland Lakes offers residents a relaxed environment where they can enjoy the use of a lovely private lake, park/picnic area, playground, pier & more, all just a 2-minute walk from home! Low HOA dues & no MUD tax! Magnolia ISD Schools. Live the peaceful lifestyle you've been dreaming of right here!

Investor Tools

$296,000

Estimated Property Value

$88,500Estimated Mortgage Balance

$235,931Estimated Equity

70% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,794 /month

Positive

Cash Flow Estimate:

$598 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$423/month

$255/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,595

$227,075

2025

$42,560

$184,515

$227,075

Tax History

Year

Tax Paid

Assessed Value

2024

$3,595

$227,075

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Hometrust Mortgage Co

Conventional

$88,500

First

Jun 27, 2012

Jul 2042

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$60,069

$235,931

79%

20%

$0/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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