Last 24 Hours
$779,000
NAL Estimated Property Value508 Pelican Street, Magnolia, TX, 77355
Off Market
5 Beds
5 Bath
3,315 Sq Ft
Single Family Residence
$234.99 / sqft
Built in 2024Highlights
Interior
Bedrooms 5
Bathrooms 5AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Oven
FlooringTile, Vinyl
Building Information
Garage Spaces3
About this property
FEMA has agreed to remove the house structure from the Flood Zone AE (100-year flood zone) to Flood Zone X (minimal flood risk). One of the few and only newer homes on an acre lot in Magnolia area. Come take a look at all the upgrades included in this home. Spray foam insulated. Professional chef stove. Outdoor bathroom for entertaining or future pool. LED mirrors in bathrooms. Many other upgrades.
Investor Tools
$779,000
Estimated Property Value
$0Estimated Mortgage Balance
$779,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,674 /month
Positive
Cash Flow Estimate:
$1,558 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$475/month
5.947%
12.4%