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$290,000

NAL Estimated Property Value

31950 S Wiggins St, Magnolia, TX, 77355

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths1,306 Sq Ft
price_per_sqft$210.57 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Refrigerator
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size21,780 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces6

Land Information

APN7210-00-04600
Lot Number46
SubdivisionMeadowood
Land UseResidential
Legal DescriptionMEADOWOOD, LOT 46, ACRES 0.500
Census Tract690207
Assessed Land Value$47,400
Assessed Improvement Value$237,589
Assessment Year2025

About this property

Location in sought-after Tomball ISD. Home sits on a 1/2 acre unrestricted lot in established Decker Prairie Community. The outdoor wet bar area is situated under the covered patio that leads to the saltwater pool, surrounded by slip-resistant stained concrete pool patio, the outdoor area also features it's own half bath. 38x30 shop on slab foundation is equipped with private half bath and electricity. Additionally the 15x15 workshop and attached lean-to provide additional storage for lawn equipment and RV parking. Home boast a walk-in closet in primary bedroom with en-suite full bathroom, recently updated cabinets and counter-tops in the eat-in kitchen. Property's proximity to SH249/Aggie Freeway allows for easy commute to virtually anywhere between Houston and BC/S. NO MUD TAX, NO HOA DUES, affordable MOCO tax rate. Previously the garage was converted to living space; the garage has been restored to originally intended use. 500Y Flood, flooded in 2016 and 2017 Hurricane Harvey.

Investor Tools

Property Icon
$290,000
Estimated Property Value
$266,444Estimated Mortgage Balance
$20,869Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,740 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$470/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,185
$284,989
2025
$47,400
$237,589
$284,989
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,185
$284,989

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Panorama Mortgage Group Llc
Fha
$274,928
Yes
First
Feb 27, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$266,444
$18,545
6%
92%
$1,666/mo

City: Magnolia

31950 S Wiggins St | Property Details | No Agent List