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$685,000

NAL Estimated Property Value

28506 Diamond Creek Dr, Magnolia, TX, 77355

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,863 Sq Ft
price_per_sqft$141.46 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Range, Electric Oven
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size2 acres

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6146-02-06700
Lot Number25
SubdivisionIndigo Lake Estates
Land UseResidential
Legal DescriptionINDIGO LAKE ESTATES 02, BLOCK 2, LOT 25
Census Tract690204
Assessed Land Value$110,000
Assessed Improvement Value$516,264
Assessment Year2025

About this property

Imagine yourself living on two acres in a beautiful wooded community secluded away from the busy city life. Relaxing in your private backyard pool as you enjoy viewing the natural wildlife. This home offers you 4 bedrooms, 2 full baths, formal dining, study, game room and breakfast bar. This property is one block from a recreational lake where you can picnic, fish, swim and sail your boat. Horses are definitely allowed. This home did not flood during Harvey and is a MUST SEE!! Property is an Estate Sale so a Seller's Disclosure is not required.

Investor Tools

Property Icon
$685,000
Estimated Property Value
$557,572Estimated Mortgage Balance
$127,428Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,110 /month
Positive
Cash Flow Estimate:
$1,370 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$884/month
$495/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,186
$601,854
2025
$110,000
$516,264
$626,264
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,186
$601,854

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$560,000
No
First
Feb 17, 2026
Mar 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$557,572
$121,428
17%
81%
$3,358/mo

City: Magnolia

28506 Diamond Creek Dr | Property Details | No Agent List