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$330,852

NAL Estimated Property Value

571 Pelican St, Magnolia, TX, 77355

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,639 Sq Ft
price_per_sqft$183.04 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size2.34 acres

Building Information

Year Built1988
Stories2
Roof Type105

Land Information

APN3415-11-12900
Lot Number8&9
SubdivisionClear Creek
Land UseResidential
Legal DescriptionCLEAR CREEK FOREST 11, BLOCK 8, LOT 8 & 9
Census Tract690101
Assessed Land Value$86,438
Assessed Improvement Value$244,414
Assessment Year2025

About this property

Introducing a must-see opportunity in a stunning country setting! This charming 3-bdrm, 2-bath home on stilts is nestled on approx. 2.5 acres of serene landscape, perfect for nature lovers. Step inside to discover a spacious living room adorned w/large windows that invite natural light & frame beautiful views. The cozy fireplace is perfect for gatherings or quiet evenings at home. The well-appointed kitchen features an inviting island, ideal for culinary enthusiasts. French doors lead you to a delightful patio, seamlessly blending indoor & outdoor living spaces. Experience the tranquility of country living, complete w/the freedom to bring your horses. The property offers endless possibilities for outdoor activities & wildlife enjoyment. Priced to sell, this property is a rare find that you won't want to miss.

Investor Tools

Property Icon
$330,852
Estimated Property Value
$153,761Estimated Mortgage Balance
$177,091Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,985 /month
Positive
Cash Flow Estimate:
$662 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$441/month
$225/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,636
$330,852
2025
$86,438
$244,414
$330,852
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,636
$330,852

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Houston Fcu
Conventional
$170,000
No
First
Jun 18, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$153,761
$177,091
53%
46%
$1,020/mo

City: Magnolia

571 Pelican St | Property Details | No Agent List