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$2,300

40463 Garden Heights Ln, Magnolia, TX, 77354

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,848 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.24 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Vinyl

Exterior

Lot Size6,082 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APN7148-05-06500
Lot Number16
SubdivisionMill Creek
Land UseVacant Land
Legal DescriptionS714805 - MILL CREEK ESTATES 05, BLOCK 4, LOT 16
Census Tract694603
Assessed Land Value$50,000
Assessed Improvement Value$238,996
Assessment Year2025

About this property

This charming one-story home offers a great open layout with Luxury Vinyl Plank flooring in the main living areas and cozy carpet in the bedrooms. The oversized family room flows nicely into the kitchen, which features an island with sink, Granite Countertops,plenty of cabinet space, a walk-in pantry, gas cooktop, and refrigerator included. The primary suite is spacious and includes a private bath with a large walk-in shower, double sinks, and a generous walk-in closet. You will also find ceiling fans in the family room and all bedrooms, a roomy utility area, a full sprinkler system, and a covered back patio that is perfect for relaxing or entertaining. Landlod to pay for lawn care.

Investor Tools

$242,381Estimated Mortgage Balance
$55,035Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,782 /month
Positive
Cash Flow Estimate:
$594 /month

Interested in this property?

David Jordan

Acadia Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$722/month
$760/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,177
$288,996
2025
$50,000
$238,996
$288,996
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,177
$288,996

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$256,491
No
First
Jul 27, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,381
$54,619
18%
82%
$1,538/mo

City: Magnolia

40463 Garden Heights Ln | Property Details | No Agent List