$450,000
32502 Old Hempstead Road, Magnolia, TX, 77355
Pending
Property Lead Type:
BankruptcyOff-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Oven, Electric Range
FlooringLaminate
Building Information
Year Built2010
Stories1
Land Information
APN0168-01-03901
SubdivisionDunlavey W T
Land UseResidential
Legal DescriptionA0168 A0168 - DUNLAVEY W T, TRACT 39, SERIAL # PH2214872, TITLE # 00368516, LABEL # PFS1071838, IMP ONLY
Census Tract690203
Assessed Improvement Value$29,125
Assessment Year2025
About this property
Expansive 4.11+/- acres featuring rental potential if wanted. Includes two mobile homes, one currently rented. The red mobile home is rented and not given any value to it. The blue mobile home is 1292 sq. ft. with 3 bedrooms and 2 baths built 2021. Two darling cottages, with one currently leased. Small office building with A/C, 50x60 barn with 14 ft. doors, and 70x24 lean-to with a small pond on the property. Fenced and crossed fenced. Sale is "as is". Great Investment property.
Investor Tools
$0Estimated Mortgage Balance
$176,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$112/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$461
$29,125
2025
N/A
$29,125
$29,125
No
Tax History
Year
Tax Paid
Assessed Value
2024
$461
$29,125
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$176,000
100%
0%
$0/mo
