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$575,000

24603 Lori Ln, Magnolia, TX, 77355

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,301 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$249.89 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size1.31 acres

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2145-00-03000
Lot Number30
SubdivisionAllenwood 01
Land UseResidential
Legal DescriptionALLENWOOD 01, LOT 30
Census Tract690207
Assessed Land Value$56,980
Assessed Improvement Value$247,306
Assessment Year2025

About this property

Located in the desirable Allenwood Subdivision, this home is situated on 1.3 acres. Extra large room off of the kitchen can be used for a family room or exercise room, with plenty of windows overlooking the spacious front and back yard. There is a master bedroom, two guest bedrooms, and one room that could be an Office/Study/Small extra Bedroom. Lots of space on the property for a pool, trampoline, or dog run. High ceilings and tile flooring, oversized utility room, and includes air conditioned garage space.

Investor Tools

$170,201Estimated Mortgage Balance
$286,799Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

Interested in this property?

Michael Davenport

United Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$470/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,356
$304,286
2025
$56,980
$247,306
$304,286
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,356
$304,286

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Stand Alone First / Home Equity First Lien
$200,000
No
First
May 7, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,201
$286,799
62%
37%
$1,200/mo

City: Magnolia