Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$354,900

615 Magnolia Ln, Glenn Heights, TX, 75154

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,361 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.32 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Microwave

Exterior

Lot Size9,148 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces2

Land Information

APN36.6218.902.024.00.111
Lot Number24
SubdivisionMagnolia Farms Addn Ph 1
Land UseResidential
Legal DescriptionLOT 24 BLK B MAGNOLIA FARMS ADDN PH 1 .21 AC
Census Tract060216
Assessed Land Value$85,000
Assessed Improvement Value$195,000
Assessment Year2024

About this property

Exceptional four-bedroom single story home with dynamic floor plan to live in and enjoy. This home offers desired split bedroom arrangement. Formal dining area, separate office with French door entrance, large family room with fireplace adjacent of open kitchen and breakfast area with serving bar, updated appliances, gorgeous cabinets, large, utility room covered patio with wood deck plus extra storage build that includes a ramp. Estra security with electric wood fence. The offers a flowing floor plan with tall ceiling, gorgeous wood floors, tile in all wet areas and plush carpet in the bedrooms. The neighborhood is ideally located near schools' shops and highways it is complemented with an attractive community pool, walking trails and playground. Enjoy a covered Front porch and rear entry driveway with automatic gate and oversized garage with garage door opener

Investor Tools

$196,024Estimated Mortgage Balance
$174,976Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,226 /month
Positive
Cash Flow Estimate:
$742 /month

Interested in this property?

Anthony Long

Anthony Long Realty

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$538/month
$705/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,607
$279,127
2024
$85,000
$195,000
$280,000
No

Tax History

Year
Tax Paid
Assessed Value
2023
$4,607
$279,127

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midland Mortgage
Fha
$223,870
Yes
First
May 18, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$196,024
$174,976
47%
53%
$1,343/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$2,048/mo
+$32/mo
6.7%

City: Glenn Heights

615 Magnolia Ln | Property Details | No Agent List