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$317,000

NAL Estimated Property Value

40415 Basalt Elm Road, Magnolia, TX, 77354

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,173 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.81 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Microwave, Gas Cooktop, Dishwasher
FlooringVinyl

Exterior

Lot Size6,062 sqft

Building Information

Year Built2024
Stories2
Roof Type105
Garage Spaces2

Land Information

APN7148-04-10300
Lot Number17
SubdivisionMill Creek
Land UseResidential
Legal DescriptionS714804 - MILL CREEK ESTATES 04, BLOCK 5, LOT 17
Census Tract694603
Assessed Land Value$50,000
Assessed Improvement Value$264,865
Assessment Year2025

About this property

Exceptional Open Concept 2 story 4 bedroom home with gameroom!! Two bedrooms down!! Features Include Open Concept living w/large dining room open to family room & kitchen! Primary bathroom suite offers huge walk in closet! Features include shaker style cabinets, quartz contertops, 4 burner gas cooktop w/SS appliances, tile wall surrounds in bathrooms, smart home system, full sprinklers, front & back sod, fully front landscape, tankless water heater, LED lighting and more! Large covered patio overlooks the backyard! Mill Creek Offers 50' wide lots! Call us today to schedule your showing!

Investor Tools

Property Icon
$317,000
Estimated Property Value
$257,900Estimated Mortgage Balance
$59,100Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,902 /month
Positive
Cash Flow Estimate:
$634 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$235/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,229
$314,865
2025
$50,000
$264,865
$314,865
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,229
$314,865

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$267,083
Yes
First
Jun 7, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$257,900
$59,100
18%
81%
$1,602/mo

City: Magnolia

40415 Basalt Elm Road | Property Details | No Agent List