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$687,000

NAL Estimated Property Value

28122 Sycamore Ct, Magnolia, TX, 77355

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,004 Sq Ft
price_per_sqft$224.7 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Oven, Microwave, Electric Cooktop, Electric Range, Free-Standing Range, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size2.13 acres

Building Information

Year Built1997
Roof Type105
Garage Spaces5

Land Information

APN6146-06-06000
Lot Number60
SubdivisionIndigo Lake Estates
Land UseResidential
Legal DescriptionINDIGO LAKE ESTATES 06, BLOCK 1, LOT 60
Census Tract690203
Assessed Land Value$116,985
Assessed Improvement Value$512,293
Assessment Year2025

About this property

Spring is just around the corner & time to get settled into your new home nestled on 2.127 wooded acres w/ fully fenced backyard & large covered patio extending the length of the home. PLUS there is a 1000 sqft APARTMENT above the garage offering two separate entrances surrounded by an upstairs deck. Use the apartment as your personal home office w/ ZERO commuting time or it would be great for live-in relatives (especially a recent college graduate) who will love the privacy of their own place. If you have toys, there's plenty of room in the 3-car garage PLUS 3 car carport. This property boasts 4 bedrooms, an executive study, huge island kitchen with abundance of cabinets, wood floors throughout (no carpet) & freshly painted inside. Family room has custom builtin's & fireplace overlooking the backyard through the expansive wall of windows. The primary suite features 2 closets (one 22' long), luxurious spa bath, separate shower & dual sinks. Super low tax rate-NO MUD tax. Horses allowed

Investor Tools

Property Icon
$687,000
Estimated Property Value
$0Estimated Mortgage Balance
$687,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,122 /month
Positive
Cash Flow Estimate:
$1,374 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$931/month
$1,090/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,738
$629,278
2025
$116,985
$512,293
$629,278
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,738
$629,278

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$690,000
100%
0%
$0/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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28122 Sycamore Ct | Property Details | No Agent List