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$1,110,000

NAL Estimated Property Value

29919 Edgewater Dr, Magnolia, TX, 77354

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,684 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$337.95 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Double Oven, Trash Compactor, Microwave, Gas Cooktop, Dishwasher
FlooringStone, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size6 acres

Building Information

Year Built2001
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6791-02-02700
Lot Number27-28
SubdivisionLake Windcrest 02
Land UseResidential
Legal DescriptionLAKE WINDCREST 02, BLOCK 1, LOT 27, 28
Census Tract690405
Assessed Land Value$489,000
Assessed Improvement Value$588,676
Assessment Year2025

About this property

A HORSE OWNER'S DREAM! Nestled in a picturesque setting, a PREMIUM 6-acre gated horse property includes a 5-stall barn w/air-conditioned tack room & storage space, a well-maintained lighted riding arena with a sand footing perfect for dressage & jumping. A charming, 1 story ranch style home situated in serene setting, backing onto mature trees & horse trails. Features of the home include beautiful wood flooring, huge game room, awesome sunroom, pool bath, 2 fireplaces, quality stainless steel kitchen appliances, large bedrooms, big closets, gorgeous primary bathroom, formal dining room, home office with built in-the-wall fish aquarium & large walk-in attic w/A/C. Outdoor living features a sparkling swimming pool W/spa, covered summer kitchen, vegetation garden, well water feeds irrigation system, auto driveway gate & inviting front covered porch. Minutes from all major amenities in the highly sought-after recreational/golf community of Lake Windcrest. Don't miss this opportunity!

Investor Tools

Property Icon
$1,110,000
Estimated Property Value
$917,780Estimated Mortgage Balance
$192,220Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,470 /month
Positive
Cash Flow Estimate:
$2,490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,546/month
$950/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,008
$1,077,676
2025
$489,000
$588,676
$1,077,676
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,008
$1,077,676

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Champions Funding Llc
Conventional
$940,000
No
First
Jan 14, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$917,780
$195,220
17%
83%
$5,636/mo

City: Magnolia

29919 Edgewater Dr | Property Details | No Agent List