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$1,789,000

28913 Pleasant Frst, Magnolia, TX, 77355

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths5,141 Sq Ft
price_per_sqft$347.99 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Slate, Wood

Exterior

Exterior FeaturesOutdoor Kitchen, Sprinkler System
Lot Size3.22 acres

Building Information

Year Built2004
Stories2
Roof Type105
Garage Spaces4

Land Information

APN5799-17-03500
Lot Number11
SubdivisionHigh Meadow Ranch 17
Land UseResidential
Legal DescriptionHIGH MEADOW RANCH 17, BLOCK 4, LOT 11
Census Tract690205
Assessed Land Value$276,049
Assessed Improvement Value$808,421
Assessment Year2025

About this property

Spacious and beautifully situated on 6.590 +/- acres in the prestigious community of High Meadow Ranch, this exceptional home offers an abundance of living space & endless possibilities. Soaring ceilings create an impressive space, while the spacious family rm provides the perfect gathering space. The home features a formal dining room, private home office, media rm, & upstairs game room w/a large storage closet. The island kitchen is equipped w/stainless steel appliances, double ovens, a warming drawer, & a spacious walk in pantry. Upstairs, a versatile bonus room offers incredible potential & could be an additional bedroom, work out room, hobby space, or whatever best suits your family's needs. Utility rm w/a shower. 3 car garage w/built-in cabinets & A/C exercise/storage rm. 40x48 steel building w/a large built-in work bench, cabinets, & 2 12x14 overhead doors. With its expansive acreage & flexible flr plan, this property offers a wonderful opportunity to enjoy the space & privacy.

Investor Tools

$72,726Estimated Mortgage Balance
$1,096,274Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,734 /month
Positive
Cash Flow Estimate:
$3,578 /month

Interested in this property?

Ellisa Carswell

Carswell Real Estate Co. Inc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,361/month
$1,395/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,484
$1,084,470
2025
$276,049
$808,421
$1,084,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,484
$1,084,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Credit Line (Revolving) / Heloc
$100,000
No
First
Apr 11, 2014
May 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$72,726
$1,096,274
93%
6%
$600/mo

City: Magnolia

28913 Pleasant Frst | Property Details | No Agent List