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$268,000

NAL Estimated Property Value

5915 Stone Creek Drive, Magnolia, TX, 77354

Off MarketInfo

About this property

Extremely *RARE* opportunity! Heavily wooded 5 acre tract, located in a cul-de-sac, within an established rural community boasting a broad range of home styles, with re-sale prices ranging from $330-$900k over the past two years. This lot is on the interior of the community and will require some clearing for a home site, as well as water tap-in and an aerobic septic system. This equestrian friendly neighborhood offers amenities conducive to quite, country living ~ bridle trails, two parks, a private pond, and playground. The acreage features a few modest clearings, lovely hardwoods, and wildlife. Please use caution when walking this lot due to the heavy foliage and bed of leaves on the ground camouflaging some critters. Zoned to Magnolia ISD, and boasting easy access to Fishcreek Thoroughfare, as well as FM 1488, SH 242, and Loop 336. Conveniently close to The Woodlands and Conroe, yet situated in a rural environment, this is an ideal location!

Investor Tools

Property Icon
$268,000
Estimated Property Value
$0Estimated Mortgage Balance
$268,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,608 /month
Positive
Cash Flow Estimate:
$536 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$450/month
5.947%

City: Magnolia

5915 Stone Creek Drive | Property Details | No Agent List