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$182,000

NAL Estimated Property Value

29411 Aberdeen Dr, Magnolia, TX, 77354

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,344 Sq Ft
price_per_sqft$145.09 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher

Exterior

Lot Size12,800 sqft

Building Information

Year Built1997
Stories1

Land Information

APN6147-00-04400
Lot Number12
SubdivisionInverness Crossing 01
Land UseResidential
Legal DescriptionS614700 - INVERNESS CROSSING 01, BLOCK 2, LOT 12, SERIAL # TXFLV66A02361CG12, TITLE # 00045379, LABEL # RAD1023680
Census Tract690407
Assessed Land Value$20,480
Assessed Improvement Value$135,715
Assessment Year2025

About this property

Move in ready – this 3 bedroom, 2 bathroom manufactured double wide home on fully fenced over .29 acres was recently updated. The covered front porch overlooks the well maintained landscaped front yard. The wood look flooding and freshly painted walls along with the abundant natural light make this home extremely inviting. Kitchen glistens with shimmery mosaic subway tile wrapped island/bar lends itself to casual dining or just chatting with the chef. Plenty of storage between the kitchen cabinets and expansive shelved pantry. Primary bathroom has dual sinks and framed mirrors as well as walk in shower. Both secondary bedrooms have walk in closets. Access the laundry room off the kitchen as well as the primary bathroom. Admire your front, side, and backyard from the expansive wood deck on the side of your home. Conveniently located between FM 2978 and highway 249.

Investor Tools

Property Icon
$182,000
Estimated Property Value
$93,351Estimated Mortgage Balance
$88,649Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,170 /month
Positive
Cash Flow Estimate:
$390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$346/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,243
$156,195
2025
$20,480
$135,715
$156,195
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,243
$156,195

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
El Pastor Funding
Purchase Money Mortgage
$100,000
No
First
Oct 31, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$93,351
$87,649
48%
51%
$600/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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29411 Aberdeen Dr | Property Details | No Agent List