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$1,173,000

NAL Estimated Property Value

39422 Cimarron Way, Magnolia, TX, 77354

Off MarketInfo
Beds6 Beds
Baths6 Bath
Baths4,237 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$330.19 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Cooktop, Dishwasher
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size5.48 acres

Building Information

Year Built2002
Stories2
Roof Type105
Garage Spaces3

Land Information

APN0225-00-00130
Lot Number6
SubdivisionGarrett Dickson
Land UseResidential
Legal DescriptionA0225 GARRETT DICKSON, TRACT 1-B, LT 6 (SENDERA FARMS UNREC), ACRES 5.4776
Census Tract690404
Assessed Land Value$219,104
Assessed Improvement Value$482,842
Assessment Year2025

About this property

Charm meets convenience in this fantastic Farmhouse on 5.4 acres! Warmth & comfort throughout the property as you walk into the home with an open concept living room with high ceiling, remodeled island kitchen with a large breakfast bar. Real pine wood floors and plantation shutters throughout the home. The 3rd bedroom in the main house is currently being used as a study and can easily be converted back. Spacious primary suite with access to the backyard offers room for a sitting area, jetted tub, separate shower and large walk in closet. Embrace the tranquility of the backyard oasis with the waterfall pool, firepit & pergola. The guest house is just off of the outdoor kitchen and fireplace provides 2 additional bedrooms, bath and exercise room. The garage apt is accessed through the 3 car garage, walk up the stairs to a bedroom, bathroom, kitchenette and living area. A 3 car workshop with car lift, RV cover, barn, full home generator plus a shared pond at the back of the property.

Investor Tools

Property Icon
$1,173,000
Estimated Property Value
$332,535Estimated Mortgage Balance
$840,465Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,394 /month
Positive
Cash Flow Estimate:
$2,798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,222/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,799
$701,946
2025
$219,104
$482,842
$701,946
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,799
$701,946

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
George Shirk Etal
Unknown
$400,000
No
First
Feb 15, 2018
Apr 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$332,535
$719,465
68%
28%
$2,399/mo

City: Magnolia

39422 Cimarron Way | Property Details | No Agent List