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$353,000

NAL Estimated Property Value

6203 S Trace Dr, Magnolia, TX, 77354

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size2.84 acres

Land Information

APN7281-03-03100
Lot Number7
SubdivisionMontgomery Trace 03
Land UseResidential
Legal DescriptionS728103 - MONTGOMERY TRACE 03, BLOCK 4, LOT 7
Census Tract690501
Assessed Land Value$353,000
Assessment Year2025

About this property

Beautiful acreage in a highly desirable neighborhood! The 2.844 lot has a lovely greenbelt with nearby. Nature Trails and Horse Trails for those who ride. Horses are allowed, and the neighborhood is very quiet and private. The beautiful trees and natural plants fill the entire parcel so the Buyer can build with the best arbor sanctuary surrounding their custom home. The Real Estate Center at Texas A & M conducted a study a few years ago, and home surrounded by such magnificent trees could save significant energy costs every year. The best of shopping is only minutes away in The Woodlands, and entertainment and fine dining is plentiful at Lake Conroe and The Woodlands. Easy access to FM 1488 and I-45 as well as several toll roads for ease of traffic planning.

Investor Tools

Property Icon
$353,000
Estimated Property Value
$819,782Estimated Mortgage Balance
$353,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,118 /month
Positive
Cash Flow Estimate:
$706 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$604/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,485
$353,000
2025
$353,000
N/A
$353,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,485
$353,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Building Or Construction Loan
$900,000
No
First
May 27, 2022
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$819,782
N/A
0%
232%
$3,732/mo

City: Magnolia

6203 S Trace Dr | Property Details | No Agent List