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Owner Contacts

$760,000

NAL Estimated Property Value

509 Abney Ln, Magnolia, TX, 77355

Off Market

2 Beds

3 Bath

3,298 Sq Ft

Single Family Residence

$242.27 / sqft

Built in 1972

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

AppliancesWater Heater, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator

FlooringCarpet, Tile, Vinyl

Exterior

Private Pool

Lot Size4.29 acres

Building Information

Year Built1972

Stories1

Roof Type105

Garage Spaces2

Land Information

APN2065-00-00200

Lot Number2

SubdivisionAbney Estates

Land UseResidential

Legal DescriptionS206500 - ABNEY ESTATES, BLOCK 1, LOT 2

Census Tract690204

Assessed Land Value$257,100

Assessed Improvement Value$390,533

Assessment Year2025

About this property

FULLY RENOVATED 4 ACRE HORSE FARM IN THE COUNTRY! Amenities include 4 stall horse barn with wash bay, 30x70 covered shop area, and new heated pool and spa (2021).Complete home Renovation includes custom mill work, custom cabinets throughout , new paint interior/exterior, custom built LED fireplace, gated entry, 2 tankless hot water heaters, custom ordered 48" range in kitchen, all new carpet and lighting fixtures. This Magnolia home is in the country but so close to medical facilities and The Woodlands retail and restaurants. Gated entrance. 75x40 metal covered parking area for boats, RVs, cars or equipment. Inside the home you will find an amazing kitchen with an 8 burner gas range with 2 ovens. Custom cabinetry, quartz counter tops, backsplash, new dishwasher and microwave. Fantastic game room/media room is great for entertaining. Three bathrooms and 4 bedrooms are completely updated. An additional adjoining 2.3 acres is also available for separate purchase.

Investor Tools

$760,000

Estimated Property Value

$743,086Estimated Mortgage Balance

$16,914Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,794 /month

Positive

Cash Flow Estimate:

$1,598 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,076/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,112

$647,633

2025

$257,100

$390,533

$647,633

Tax History

Year

Tax Paid

Assessed Value

2023

$9,112

$647,633

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Loandepot.Com Llc

$785,000

Yes

First

Jun 30, 2023

Jul 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$743,086

$4,914

98%

$4,707/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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