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$383,000

NAL Estimated Property Value

8741 Lookout Peak Ln, Magnolia, TX, 77354

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,450 Sq Ft
price_per_sqft$163.22 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Refrigerator, Washer, Microwave, Gas Cooktop, Double Oven
FlooringTile

Exterior

Private PoolPrivate Pool
Lot Size6,978 sqft

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3411-08-02400
Lot Number24
SubdivisionCimarron Creek
Land UseResidential
Legal DescriptionS341108 - CIMARRON CREEK 08, BLOCK 1, LOT 24
Census Tract690406
Assessed Land Value$68,000
Assessed Improvement Value$296,968
Assessment Year2025

About this property

Beautiful 3-bedroom, 2-bathroom cul-de-sac lot home designed for comfort and versatility. The open floor plan, with high ceilings, a stunning kitchen with double ovens, and an oversized island with sink, creates a bright and airy atmosphere. The spacious primary suite features double sinks, soaking tub, separate shower, and the two additional bedrooms provide plenty of room for family or guests. A flexible room offers the perfect home office, gym, or playroom space, adapting easily to your needs. Step outside to the cozy covered back porch, with a modern pool & hot tub built in Feb 2023. Laundry room has cabinets and a sink. The sprinkler system, refrigerator, washer, dryer, and security system included. Walking distance to the community recreation center and pool. Do not forget the finished garage with epoxy flooring. This home offers easy access to parks, schools, and shopping, combining convenience with peaceful surroundings. There are too many upgrades to list!

Investor Tools

Property Icon
$383,000
Estimated Property Value
$378,681Estimated Mortgage Balance
$4,319Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,399 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$918/month
$990/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,106
$364,968
2025
$68,000
$296,968
$364,968
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,106
$364,968

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$383,149
No
First
Sep 5, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$378,681
$5,319
1%
99%
$2,298/mo

City: Magnolia

8741 Lookout Peak Ln | Property Details | No Agent List