$348,693
NAL Estimated Property Value731 Magnolia Ln, Cottonwood Shores, TX, 78657
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesOven, Electric Cooktop, Dishwasher, Disposal
FlooringCarpet, Tile
Exterior
Lot Size10,001 sqft
Building Information
Year Built2003
Garage Spaces2
Land Information
APN12793
Lot Number285,286
SubdivisionDriftwood
Land UseResidential
Legal DescriptionS4220 DRIFTWOOD LOT 285 & 286
Census Tract960801
Assessed Land Value$43,000
Assessed Improvement Value$305,693
Assessment Year2025
About this property
Cottonwood Shores-3 bed, 2 bath home on 2 lots. Living room w/ fireplace. Kitchen w/ all stainless appliances, granite counters, center-island w/ eating bar, and dining area. Master w/ en-suite bath with granite counters. Two guest rooms use shared hall bath. Entirely private backyard represents the ideal gathering zone on a warm afternoon. Home is less than 1 mile from the lake & public boat ramp access, so grab your fishing gear, your kayak, or your swimming suit, and head over for a day on the water!FEMA - Unknown Restrictions: Yes Sprinkler Sys:Yes
Investor Tools
$348,693
Estimated Property Value
$174,082Estimated Mortgage Balance
$175,300Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,092 /month
Positive
Cash Flow Estimate:
$697 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$550/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,853
$348,693
2025
$43,000
$305,693
$348,693
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,853
$348,693
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Planet Home Lending Llc
Conventional
$193,600
No
First
Dec 8, 2020
Jan 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,082
$174,611
50%
50%
$1,161/mo
