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$164,000

NAL Estimated Property Value

28606 Strathdon, Magnolia, TX, 77354

$170,312 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,216 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.47 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2

Exterior

Lot Size29,805 sqft

Building Information

Year Built1997
Stories1

Land Information

APN6147-03-08700
Lot Number86-87
SubdivisionInverness Crossing 03
Land UseResidential
Legal DescriptionS614703 - INVERNESS CROSSING 03, LOT 87, SERIAL HOTX09904971, LABEL # NTA0754225
Census Tract690407
Assessed Land Value$35,660
Assessed Improvement Value$98,790
Assessment Year2025

About this property

Endless potential with a little TLC. Three bedroom two bath home nestled on a wooded half acre+ lot. Located on a quiet cul-de-sac in well established subdivision. Low taxes, Magnolia ISD, reasonable HOA and room to grow. Property lies partially within special flood zone, according to seller the home has never flooded and remained high and dry even surviving the Tax Day Flood and Harvey. Property is fenced on three sides. The front gate/driveway on Strathdon is the driveway of this property.

Investor Tools

Property Icon
$164,000
Estimated Property Value
$106,088Estimated Mortgage Balance
$57,912Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$170,312
Rent-to-Value Ratio: 0.72%
Rent Estimate
$984 /month
Positive
Cash Flow Estimate:
$328 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$110/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$497
$134,450
2025
$35,660
$98,790
$134,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$497
$134,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Garza Family Limited Partnership
Purchase Money Mortgage
$110,400
No
First
Mar 26, 2024
Apr 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$106,088
$56,912
34%
65%
$662/mo

City: Magnolia

28606 Strathdon | Property Details | No Agent List