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$394,000

NAL Estimated Property Value

27927 Nichols Sawmill Rd, Magnolia, TX, 77355

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size12.94 acres

Land Information

APN6146-05-02900
Lot Number5
SubdivisionIndigo Lake Estates
Land UseResidential
Legal DescriptionINDIGO LAKE ESTATES 05, BLOCK 1, LOT 5, REPLAT 5A
Census Tract690204
Assessed Land Value$385,450
Assessment Year2025

About this property

Welcome to Indigo Lake Estates, Magnolia’s premier acreage community! This stunning 12+ acre homesite offers the perfect canvas for your dream estate. Embrace serene country living surrounded by natural forest where deer, birds, & wildlife roam freely. Enjoy exclusive access to a 160-acre private lake stocked for fishing, boating & water sports, just moments from your future doorstep. Located minutes from top-rated schools, dining, & shopping w/ easy access to the Aggie Expressway-this is where rural charm meets city convenience. Situated in one of the fastest-growing areas n/w of Houston, this property is a rare opportunity in a multi-million dollar neighborhood. Approx. 5 acres are within a drill site (non-buildable), w/ remaining 7 acres across mixed flood, flood way & non-flood zones. (See the attached Guideline documents for building). Don't miss this rare opportunity to build in this amazing neighborhood. Taxes, flood zones & flood way to be independently verified.

Investor Tools

Property Icon
$394,000
Estimated Property Value
$0Estimated Mortgage Balance
$394,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,364 /month
Positive
Cash Flow Estimate:
$788 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$673/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,102
$385,450
2025
$385,450
N/A
$385,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,102
$385,450

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$392,000
100%
0%
$0/mo

City: Magnolia

27927 Nichols Sawmill Rd | Property Details | No Agent List