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$320,000

31718 Debbi Lane, Magnolia, TX, 77355

PendingInfo
Beds3 Beds
Baths1 Bath
Baths2,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.45 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher

Exterior

Lot Size41,574 sqft

Building Information

Year Built1975
Stories2
Roof Type105

Land Information

APN9475-03-00900
Lot Number9
SubdivisionWalnut Springs 03
Land UseResidential
Legal DescriptionS947503 - WALNUT SPRINGS 03, BLOCK 1, LOT 9, ACRES 0.95
Census Tract690102
Assessed Land Value$83,148
Assessed Improvement Value$302,882
Assessment Year2025

About this property

This is an opportunity to own a property with no HOA and plenty of space to make your vision a reality. Situated on a generous lot, this property offers the freedom and flexibility that’s becoming harder to find, whether you’re looking to create your ideal homestead, expand, or simply enjoy more room to spread out. The home is an excellent option for buyers looking to customize and add value. While some repairs will be needed, this property presents a strong opportunity for homeowners or anyone looking to bring their personal touch to a space with room to grow. Conveniently located in Magnolia with easy access to nearby amenities, this property combines country-style living with city accessibility. If you’ve been searching for space, freedom, and potential, this is one you won’t want to miss.

Investor Tools

$320,070Estimated Mortgage Balance
$65,960Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,316 /month
Positive
Cash Flow Estimate:
$772 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$550/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,672
$386,030
2025
$83,148
$302,882
$386,030
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,672
$386,030

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Fha
$278,856
Yes
First
Jul 26, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$320,070
$65,960
17%
83%
$2,088/mo

City: Magnolia

31718 Debbi Lane | Property Details | No Agent List