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$258,003

26775 Lazy Lane, Magnolia, TX, 77355

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

Property Icon
$258,003
Estimated Property Value
$0Estimated Mortgage Balance
$194,463Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
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

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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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Magnolia

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26775 Lazy Lane | Property Details | No Agent List