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$1,500,000

NAL Estimated Property Value

5900 Magnolia Dr, Eustace, TX, 75124

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,982 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$503.02 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesBoat Slip, Dog Run, Rain Gutters

Building Information

Year Built1999
Garage Spaces5

Land Information

APN4803-0000-0090-30
Lot Number7,13
SubdivisionMagnolia Estates (13)
Land UseResidential
Legal DescriptionLTS 7-13 AB 133 T CARO SUR, MAGNOLIA ESTATES, LTS 7-13, D/203
Census Tract951102
Assessed Land Value$1,200,858
Assessed Improvement Value$299,142
Assessment Year2025

About this property

One owner custom home, 450 ft of shoreline with steel bulkhead and a sidewalk. Boat dock has 2 electric lifts, for pontoon boat and 2 jet skis. There are 4 outbuildings, 20x20 with a concrete floor and electric, a 22x45 steel framed shop with private septic,electric, concrete floor, and plumbing that has been capped. A 10x14 studio with a front porch to enjoy the lake views. This home has a deep water private well that supports the entire home and 8 zone sprinkler system. The main house has floor to ceiling windows in the main living area so you never miss the view. The kitchen is a dream, with a 6 burner stovetop that has a built in grill, huge walk in pantry and did I mention the views of the lake in every room. The loft area, has a full bath and 2 separate storage rooms one of them is climate controlled. A whole home Generac system, electric gate entrance, entire 4.348 acres are fenced. The deck off the primary suite has electricity hook up for a hot tub.

Investor Tools

Property Icon
$1,500,000
Estimated Property Value
$1,166,145Estimated Mortgage Balance
$333,855Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,000 /month
Positive
Cash Flow Estimate:
$3,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$646/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$249
$1,500,000
2025
$1,200,858
$299,142
$1,500,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$249
$1,500,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$1,200,000
No
First
Oct 15, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,166,145
$333,855
22%
78%
$7,195/mo

Learn About the Market: Opportunity in Texas

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Explore

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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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Eustace

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5900 Magnolia Dr | Property Details | No Agent List