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$109,900

26775 Lazy Lane, Magnolia, TX, 77355

$142,870 ARVInfo
PendingInfo
Beds3 Beds
Baths1 Bath
Baths1,260 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$87.22 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

BankruptcyDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringWood

Exterior

Lot Size1.04 acres

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces5

Land Information

APN9720-05-01500
Lot Number10
SubdivisionWoodland Lakes 05 Mag
Land UseResidential
Legal DescriptionWOODLAND LAKES 05 MAG, BLOCK 2, LOT 10, ACRES 1.040
Census Tract690203
Assessed Land Value$43,532
Assessed Improvement Value$214,471
Assessment Year2025

About this property

Comfortable 3-bedroom, 1-bath home situated on approximately 1.04 acres of beautiful wooded land in Magnolia. This property features a 2-car attached garage and offers a peaceful rural setting with plenty of space and privacy. Conveniently located near FM 1488, residents enjoy easy access to nearby shopping, dining, schools, and major roadways while still maintaining a quiet country atmosphere. This home presents a great opportunity for renovation or customization to fit your vision. Sold AS-IS, offering excellent potential for investors or buyers looking to create their ideal retreat.

Investor Tools

$63,540Estimated Mortgage Balance
$194,463Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$142,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,548 /month
Positive
Cash Flow Estimate:
$516 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$334/month
$185/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,717
$258,003
2025
$43,532
$214,471
$258,003
Yes (2019)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,717
$258,003

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bnc Mortgage Inc
Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)
$106,200
No
First
Oct 18, 2005
Nov 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$63,540
$194,463
75%
25%
$830/mo

City: Magnolia