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$244,900

29415 Inverness Dr, Magnolia, TX, 77354

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,064 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$230.17 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Oven, Electric Range

Exterior

Lot Size20,300 sqft

Building Information

Year Built1989
Stories1

Land Information

APN6147-00-08700
Lot Number11
SubdivisionInverness Crossing 01
Land UseResidential
Legal DescriptionS614700 - INVERNESS CROSSING 01, BLOCK 3, LOT 11, SERIAL # TXFLK1212916BM, TITLE # 00086462, LABEL # TEX0440498
Census Tract690407
Assessed Land Value$32,480
Assessed Improvement Value$39,733
Assessment Year2025

About this property

29415 Inverness Dr., a spacious 20,300 sq. ft. lot measuring 100' x 203.6', providing ample outdoor space and potential. The home features numerous recent updates, including an A/C unit and water heater, installed approximately one year ago, new windows and flooring, and a renovated kitchen. 90% of the exterior walls, including insulation, were replaced roughly three years ago. The property is served by public water and sewer. Enjoy added privacy at the rear of the home, where a wooded area provides a natural backdrop and secluded setting. A 12' x 8' storage shed offers additional space for tools, equipment, and household storage. This property combines substantial land, meaningful updates, public utilities, and a private wooded setting.

Investor Tools

$0Estimated Mortgage Balance
$168,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,469 /month
Positive
Cash Flow Estimate:
$490 /month

Interested in this property?

J McLaughlin

HOMEROCK REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$165/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,142
$72,213
2025
$32,480
$39,733
$72,213
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,142
$72,213

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$168,000
100%
0%
$0/mo

City: Magnolia