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$876,000

NAL Estimated Property Value

28103 Hickory Ct, Magnolia, TX, 77355

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,483 Sq Ft
price_per_sqft$223.94 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator, Cooktop
FlooringCarpet, Slate, Tile, Wood

Exterior

Lot Size5.02 acres

Building Information

Year Built2000
Stories2
Roof Type105
Garage Spaces2

Land Information

APN6146-06-04600
Lot Number46-47
SubdivisionIndigo Lake Estates
Land UseResidential
Legal DescriptionS614606 - INDIGO LAKE ESTATES 06, BLOCK 1, LOT 46, 47
Census Tract690203
Assessed Land Value$269,115
Assessed Improvement Value$605,885
Assessment Year2025

About this property

This beautiful custom home is located on 5 acres with a 40x70 steel building w/ a private gated entrance. Tastefully designed kitchen features granite counters*wrap around breakfast bar*builtin refrig*double ovens*wine refrig*5 burner gas stove-all stainless. TWO family rooms downstairs-one with floor to ceiling stone fireplace has 18' ceiling & second family room with built-in storage,gas log fireplace & french doors to outside covered patio. There is also a game room upstairs with private staircase. Slate & natural wood floors downstairs for easy maintenance. Primary suite offers french doors to outside patio plus 2 person remodeled shower! Upstairs are two more bedrooms & bath. The steel building has a 20x40 overhang in front & a 20x40 concrete pad behind the building-perfect for parking a boat or RV. Fully insulated w/ a/c, bathroom & washer/dryer connections & 220 service. Has separate entrance from street or from side gate at house. Horses allowed. No MUD taxes & low tax rate!

Investor Tools

Property Icon
$876,000
Estimated Property Value
$594,350Estimated Mortgage Balance
$281,650Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,256 /month
Positive
Cash Flow Estimate:
$1,752 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,311/month
$1,090/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,352
$875,000
2025
$269,115
$605,885
$875,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,352
$875,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colonial National Mortgage
Conventional
$647,200
No
First
Jan 14, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$594,350
$280,650
32%
68%
$3,881/mo

Learn About the Market: Opportunity in Texas

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Explore

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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28103 Hickory Ct | Property Details | No Agent List