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$705,000

NAL Estimated Property Value

31353 Dobbin Huffsmith Rd, Magnolia, TX, 77354

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,611 Sq Ft
price_per_sqft$495.98 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Cooktop, Dishwasher

Exterior

Lot Size2.15 acres

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces4

Land Information

APN0533-00-00216
SubdivisionSmith John H
Land UseResidential
Legal DescriptionA0533 - SMITH JOHN H, TRACT 2D1-A, ACRES 2.15
Census Tract690408
Assessed Land Value$86,000
Assessed Improvement Value$261,714
Assessment Year2024

About this property

Welcome to 8.2 acres of unrestricted property! This property can be used for commercial and/or residential purposes, the best of both worlds! Conveniently located on Dobbin Huffsmith, alongside many other commercial properties. The proposed WoodTrace Blvd. Extension will connect FM 2978 to SH 249, and will travel through Dobbin Huffsmith- just minutes from this property! The property boasts a single family home with 10 foot ceilings throughout, a large office, 3 bedrooms and 2.5 baths, and an open concept kitchen. The home also has approximately 600-800 sq ft of attic space that could easily be converted to additional living space or office space. The oversized shop is 1600 sq ft with a 400 sq ft office with large commercial tempered glass windows. The shop features 2 Trane heat pump A/C and heating systems, one to service the shop and one for the office space. Towards the back you will find a large socked pond. This property truly has it all!

Investor Tools

Property Icon
$705,000
Estimated Property Value
$0Estimated Mortgage Balance
$705,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,770 /month
Positive
Cash Flow Estimate:
$2,590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$316/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$261
$347,714
2024
$86,000
$261,714
$347,714
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2024
$261
$347,714

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$705,000
100%
0%
$0/mo

City: Magnolia

31353 Dobbin Huffsmith Rd | Property Details | No Agent List