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$55,500

NAL Estimated Property Value

Lot 156 Skylark St, Magnolia, TX, 77355

Off MarketInfo

About this property

Super *RARE* opportunity in Clear Creek Forest 11! Just under an acre, this wooded lot is NOT in any floodplain, and has not flooded, per the sellers. This section requires a private water well, which means no water bills! An aerobic septic system will also be required for this lot. Deed restricted, and in a highly desirable rural community, this property boasts nice hardwoods and softwoods. Community park offers building available to property owners of CCF11 for private rental. Approximately one mile to local elementary school, and zoned to Magnolia Jr High, and Magnolia West HS. This one will not last!! ZERO FLOODPLAIN!

Investor Tools

Property Icon
$55,500
Estimated Property Value
$0Estimated Mortgage Balance
$55,500Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$333 /month
Positive
Cash Flow Estimate:
$111 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$280/month
5.947%

City: Magnolia

Lot 156 Skylark St | Property Details | No Agent List