$193,500
3502 Magnolia Avenue, Texas City, TX, 77590
On Market
Property Lead Type:
High EquityMove-In Ready
Highlights
Interior
AppliancesElectric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Laminate, Tile
Exterior
Lot Size6,896 sqft
Building Information
Year Built1980
Stories1
Roof Type105
Land Information
APN3905-0007-0021-000
Lot Number21,22
SubdivisionHeights Annex
Land UseResidential
Legal DescriptionABST 63 H FERGUSON SUR LOTS 21 & 22 BLK 7 HEIGHTS ANNEX REPLAT
Census Tract721902
Assessed Land Value$10,410
Assessed Improvement Value$94,940
Assessment Year2025
About this property
Check out this perfect 1st time buyer home with tons of updates which include***new roof***new siding and fresh paint both in and out***new HVAC system***new lites and fans***bathroom completely redone***new tankless water heater***new laminate and carpet flooring***new appliances***kitchen completely redone with new cabinets,quartz tops and tile backsplash***all new doors and trim.Show it your buyer will be pleased.
Investor Tools
$39,250Estimated Mortgage Balance
$154,750Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,164 /month
Positive
Cash Flow Estimate:
$388 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$96/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$182
$92,785
2025
$10,410
$94,940
$105,350
No
Tax History
Year
Tax Paid
Assessed Value
2024
$182
$92,785
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United States Small Business Admin
Sba Participation Trust Deed
$42,900
No
First
Dec 2, 2021
Dec 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$39,250
$154,750
79%
20%
$258/mo
