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$59,900

NAL Estimated Property Value

Lot 35 Shady Drive, Magnolia, TX, 77355

Off MarketInfo

About this property

Wooded .38 acre lot full of towering trees located in a little neighborhood off Butera Road. If you are looking to purchase a manufactured home, this lot would be perfect for that use. The property will require lot prep at the buyer's expense, including electricity, water meter, septic permitting and installation. There is a culvert in place and a small area that was previously cleared. There is no HOA in the neighborhood. Located in the Magnolia School District, this property is zoned to Magnolia West High School. Make your move today or invest in your future, with a land purchase now and improvements later. (Seller believes there is an old septic tank on the property. The exact location and details are unknown.)

Investor Tools

Property Icon
$59,900
Estimated Property Value
$0Estimated Mortgage Balance
$59,900Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$359 /month
Positive
Cash Flow Estimate:
$120 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Magnolia

Lot 35 Shady Drive | Property Details | No Agent List