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$400,000

7318 Ramblewood Dr, Magnolia, TX, 77354

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,808 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$221.24 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size40,000 sqft

Building Information

Year Built1998
Stories1
Roof Type105
Garage Spaces2

Land Information

APN9495-00-15600
Lot Number10,11
SubdivisionWestwood 01
Land UseResidential
Legal DescriptionS949500 - WESTWOOD 01, BLOCK 3, LOT 10, 11
Census Tract690406
Assessed Land Value$160,000
Assessed Improvement Value$268,810
Assessment Year2025

About this property

Recently remodeled house on half acre lot in sought after Westwood. New kitchen with soft closing cabinets, countertops with eat at bar, walk in pantry & oven that. Kitchen is open to the family room. New flooring in entry, family room, bedrooms, hallway & secondary bath. Primary bath features new vanities, countertops, mirrors & faucets. Secondary bath has new vanity, countertop, mirror, flooring, lighting, tub & surround. Backyard fenced with large gate, shed for storage. A/C unit is from 2024 and water heater from 2026. Ideal for those looking for a modern, move-in ready home with plenty of space and upgrades.

Investor Tools

$257,856Estimated Mortgage Balance
$172,448Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,573 /month
Positive
Cash Flow Estimate:
$858 /month

Interested in this property?

Monique Wren

Elite Texas Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$594/month
$414/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,986
$428,810
2025
$160,000
$268,810
$428,810
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,986
$428,810

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lakeview Loan Servicing Llc
Fha
$283,989
Yes
First
Sep 7, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$257,856
$170,954
39%
60%
$1,703/mo

City: Magnolia

7318 Ramblewood Dr | Property Details | No Agent List