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$324,000

NAL Estimated Property Value

7415 Wedgewood Dr, Magnolia, TX, 77354

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,685 Sq Ft
price_per_sqft$207.72 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Electric Oven, Microwave, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size20,000 sqft

Building Information

Year Built1997
Stories1
Roof Type105
Garage Spaces3

Land Information

APN9495-02-27900
Lot Number8
SubdivisionWestwood 02
Land UseResidential
Legal DescriptionWESTWOOD 02, BLOCK 9, LOT 8
Census Tract690406
Assessed Land Value$80,000
Assessed Improvement Value$240,000
Assessment Year2025

About this property

Welcome home to this beautifully updated Westwood gem, situated on almost half an acre! The kitchen features newly painted cabinets, quartz countertops, a new single basin sink, stainless steel appliances & plentiful storage. The primary retreat includes a high ceiling, dual vanities, showcasing newly painted cabinets & quartz countertops, with a generous walk-in closet. This split plan offers 2 secondary bedrooms w/ an updated bath. Step outside to see a new covered gazebo, a storage shed & an enormous backyard with room for a pool! Enjoy your oversized garage, extra wide driveway, & welcome wildlife, providing that country feel. House painted with new tile & carpet installed Feb 2023, new roof & gutters 2021, A/C & windows replaced 2016. Enjoy this community featuring 2 pools, 2 parks, a pavilion, several tennis/pickleball courts, & basketball courts too. Conveniently located near The Woodlands & minutes from Lake Conroe. Zoned to Magnolia ISD, low HOA, low tax rate & no MUD!

Investor Tools

Property Icon
$324,000
Estimated Property Value
$623,806Estimated Mortgage Balance
$324,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$590/month
$228/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,460
$320,000
2025
$80,000
$240,000
$320,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,460
$320,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Unknown
$331,200
No
First
Mar 27, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$623,806
N/A
0%
193%
$3,972/mo

City: Magnolia

7415 Wedgewood Dr | Property Details | No Agent List