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$289,000

NAL Estimated Property Value

42545 Summer Crest Road, Magnolia, TX, 77354

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,660 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.3 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size5,403 sqft

Building Information

Year Built2023
Stories1
Roof Type105
Garage Spaces1

Land Information

APN4570-04-03300
Lot Number4
SubdivisionEscondido 04
Land UseResidential
Legal DescriptionS457004 - ESCONDIDO 04, BLOCK 2, LOT 4
Census Tract690300
Assessed Land Value$68,000
Assessed Improvement Value$207,260
Assessment Year2025

About this property

This beautiful one-story home boasts an open concept design that you are going to adore. Walking into the home, you will enjoy how the foyer opens into a hallway that leads to the heart of the home. The family room and kitchen are the center of attention and feature 42-inch upper cabinets, gorgeous granite countertops, a beautiful tile back splash, and an ample size island perfect fo the chef of the home. Enjoy meals in the dining room or outside on the covered patio. The primary suite is secluded at the rear of the home complete with an en-suite bathroom. This home is certified Environments for Living and offers some of the highest energy features available today.

Investor Tools

Property Icon
$289,000
Estimated Property Value
$230,401Estimated Mortgage Balance
$58,599Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,746 /month
Positive
Cash Flow Estimate:
$582 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$704/month
$900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,004
$275,260
2025
$68,000
$207,260
$275,260
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,004
$275,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jet Homeloans Llc
Fha
$239,377
Yes
First
Apr 26, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,401
$58,599
20%
80%
$1,436/mo

City: Magnolia

42545 Summer Crest Road | Property Details | No Agent List