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$962,000

NAL Estimated Property Value

31002 Johlke Rd, Magnolia, TX, 77355

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,438 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$225.1 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size12.08 acres

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces5

Land Information

APN6911-00-01900
Lot Number11
SubdivisionLexington Estates
Land UseResidential
Legal DescriptionS691100 - LEXINGTON ESTATES, BLOCK 2, LOT 11
Census Tract690207
Assessed Land Value$100,330
Assessed Improvement Value$807,971
Assessment Year2025

About this property

Don't miss your opportunity to own 31002 Johlke now with an adjusted price to make it your dream home. A custom-built sitting on 12.082 acres with a white brick exterior giving a modern look and luxurious interior that features wood-looking tiled floors and high ceilings throughout. The kitchen is truly functional with all the bells & whistles; granite, Stainless Steel appliances, an island with a downdraft gas stove, and under-counter lights. You enter the primary suite from the family room to the formal dining room with its HVAC control for comfort, a nice seating area, and a gracious master bath. Winding up the stairs lies a game room, 3 bedrooms, 2 full baths & another set of return stairs. Close to the cities of Tomball, Magnolia, and Pinehurst via 99 tollway and TX 249, but far enough to live in a tranquil setting allowing for fishing in the stocked pond, equestrian activities, off-road riding, and playing on the basketball court or just relax in your outdoor equipped kitchen.

Investor Tools

Property Icon
$962,000
Estimated Property Value
$187,363Estimated Mortgage Balance
$774,637Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,994 /month
Positive
Cash Flow Estimate:
$1,998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,586/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,217
$908,301
2025
$100,330
$807,971
$908,301
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,217
$908,301

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Premia Mortgage Llc
Conventional
$200,000
No
First
Dec 30, 2022
Feb 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,363
$842,637
81%
19%
$1,200/mo

City: Magnolia

31002 Johlke Rd | Property Details | No Agent List