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$297,000

NAL Estimated Property Value

40627 Pine Spruce Lane, Magnolia, TX, 77354

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,909 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.74 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesENERGY STAR Qualified Appliances, Water Heater, Microwave, Gas Range, Dishwasher

Exterior

Lot Size6,375 sqft

Building Information

Year Built2023
Stories1
Garage Spaces2

Land Information

APN7148-04-00700
Lot Number7
SubdivisionMill Creek
Land UseResidential
Legal DescriptionS714804 - MILL CREEK ESTATES 04, BLOCK 1, LOT 7
Census Tract694603
Assessed Land Value$50,000
Assessed Improvement Value$243,490
Assessment Year2025

About this property

D.R. Horton Homes on 50’ lots. You’ll love our Spacious Floor Plans, Quality Standard Features; such as Stainless Steel Appliances, Quartz Counter Tops, Oversized Tile in the Primary Shower, as well as our Home Is Connect Smart Homes Package for a full home automation experience. Our homes also include a Tankless Water Heater, Full Landscape Package; to include a full irrigation system and more. Spacious Four Bedroom, Two Bathroom, Single Story, Two Car Garage Home with open Living Space, Kitchen with large pantry, lots of cabinets, an Island for additional seating, formal dining area, Covered Patio, and generous size Utility Room. Bedroom 1 is separate from other rooms and comes with a Large Closet. Plan offers high ceilings, and recessed lighting. Light gray colored cabinetry, home automation system included! Ask about available New Home Standard Features within our community.

Investor Tools

Property Icon
$297,000
Estimated Property Value
$277,817Estimated Mortgage Balance
$19,183Estimated Equity
6% 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

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$484/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,326
$293,490
2025
$50,000
$243,490
$293,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,326
$293,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$288,173
Yes
First
May 24, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$277,817
$19,183
6%
94%
$1,728/mo

City: Magnolia

40627 Pine Spruce Lane | Property Details | No Agent List