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$540,000

NAL Estimated Property Value

34002 Lynnwood Ct, Magnolia, TX, 77354

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,388 Sq Ft
price_per_sqft$251.15 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Cooktop, Free-Standing Range, Dishwasher, Oven
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size2.04 acres

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces3

Land Information

APN6939-00-01800
Lot Number18
SubdivisionLynwood
Land UseResidential
Legal DescriptionLYNWOOD, LOT 18, ACRES 2.040
Census Tract690405
Assessed Land Value$183,600
Assessed Improvement Value$356,400
Assessment Year2025

About this property

Escape HOA and restrictions to enjoy quiet country living on this secluded 2.04+/-acre property. The brick, one-story home boasts 3 bedrooms, 3 bathrooms, walk-in closets, an office/study, and a formal dining room. The country-style kitchen features an island, laminate countertops, and a buffet counter. French doors in the living room lead to a fenced backyard with a covered porch, pool area, and storage building. Other highlights include a laundry/utility area, a breezeway attached to a 3-car garage, and a propane-fueled backup generator. Conveniently located off Spur149 with quick access to Hwy 249 and FM 1488. Low property taxes and no MUD tax. Schedule your showing today!

Investor Tools

Property Icon
$540,000
Estimated Property Value
$365,004Estimated Mortgage Balance
$165,797Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,599 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$461/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,832
$540,000
2025
$183,600
$356,400
$540,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,832
$540,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$378,000
No
First
Jun 10, 2024
Jul 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$365,004
$174,996
32%
68%
$2,267/mo

City: Magnolia

34002 Lynnwood Ct | Property Details | No Agent List