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$335,000

NAL Estimated Property Value

31818 Terri Ln, Magnolia, TX, 77355

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,527 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.85 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringWood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size42,253 sqft

Building Information

Year Built1955
Stories2
Roof Type105
Garage Spaces2

Land Information

APN9475-02-01800
Lot Number2-B
SubdivisionWalnut Springs 02
Land UseResidential
Legal DescriptionWALNUT SPRINGS 02, BLOCK 2, LOT 2-B, ACRES .970
Census Tract690102
Assessed Land Value$84,506
Assessed Improvement Value$203,013
Assessment Year2025

About this property

Loving the outdoors! Enjoy the country living in this 2 bedroom home with guest apartment above garage. Huge .97 acre lot. Wide open backyard features a 20x17 covered patio with outdoor kitchen plus a storage shed. Home has been lovingly restored with Original hardwood floors throughout, recent roof, updated electrical and plumbing, solar panels. Beautiful mature trees, landscaping, extra parking. Garage apartment has separate kitchen and washer/dryer connections. Oversized garage with workbench, separate outdoor storage building. No Restrictions! Multiple Offers - Please give highest and best by Sunday at 3 p.m.

Investor Tools

Property Icon
$335,000
Estimated Property Value
$305,671Estimated Mortgage Balance
$29,329Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$527/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,653
$287,519
2025
$84,506
$203,013
$287,519
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,653
$287,519

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$324,022
Yes
First
Apr 21, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$305,671
$22,329
6%
91%
$1,943/mo

City: Magnolia

31818 Terri Ln | Property Details | No Agent List