$340,000
NAL Estimated Property Value40470 Red Poppy Ln, Magnolia, TX, 77354
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesWater Heater, Disposal, Gas Oven, Microwave, Dishwasher
FlooringCarpet, Vinyl
Exterior
Lot Size7,266 sqft
Building Information
Year Built2021
Stories2
Roof Type105
Garage Spaces2
Land Information
APN7148-00-09300
Lot Number48
SubdivisionMill Creek
Land UseResidential
Legal DescriptionS714800 - MILL CREEK ESTATES 01, BLOCK 3, LOT 48
Census Tract694603
Assessed Land Value$50,000
Assessed Improvement Value$272,308
Assessment Year2025
About this property
Beautiful 2 story in Mill Creek Estates! Great floor plan with open living spaces, modern finishes, granite countertops, SS appliances, timeless LVP flooring, ample storage space and the list goes on! Lovely primary suite with spa like bath and another bedroom located on the 1st floor! Game room and 2 more bedrooms upstairs! Nice outdoor space with covered patio and pool sized ready yard! Zoned to Magnolia ISD! Come see today!
Investor Tools
$340,000
Estimated Property Value
$247,922Estimated Mortgage Balance
$92,078Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$828/month
$450/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,237
$322,308
2025
$50,000
$272,308
$322,308
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,237
$322,308
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$258,000
No
First
Mar 19, 2024
Apr 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,922
$85,078
25%
73%
$1,547/mo
