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$2,900,000

Beds
6
Baths
4.5
sq ft
3,910

12411 Maggie Ln, Willis, TX 77318

12411 Maggie Ln

Willis, TX 77318

  • 58 days on market
    • Price drop $1,000,000↓
This remarkable 20-acre property on Maggie Lane offers the perfect blend of residential comfort and commercial potential. Currently operating as a longhorn ranch for the past 24 years, this ranch boasts a 6-bedroom, 4.5-bath ranch/lodge-style home, featuring stunning handpicked cedar interiors. The property includes a garage/shop connected to the house via a portico, a swimming pool, RV pad, a 5-stall barn, and a 1/2-acre stocked pond. Bell Creek wraps around the land and flows into Lake Conroe, adding to its natural beauty. In addition to that you can enter or exit from Maggie lane or from FM 830, expanding the property’s versatility. Ideal for a private residence or a commercial venture, this property is rich with possibilities.

Details

Property type

Single Family Residence

Est. home value

$969,701

Lot size

16.00 acres

Price per sq ft

$742

Year built

2002

Price History

11/08/2024
Houston

Houston #58763526

Price change
$2,900,000
-25.64%
10/24/2024
Houston

Houston #58763526

Listed
$3,900,000

Schools & Community

Elementary school: 

W. LLOYD MEADOR ELEMENTARY SCHOOL

Middle school: 

ROBERT P. BRABHAM MIDDLE SCHOOL

High school: 

WILLIS HIGH SCHOOL

School district: 

Willis

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Jpmorgan Chase Bank Na

Loan start date

January 2019

Original loan amount

$377,000

Est. remaining balance

Not provided

Interest rate

4.75%

Loan type

Stand Alone First, 20 year

Seller

Morris C Rainer Jr and Carol Rainer

Lender

First Bank Of Conroe Na

Loan start date

June 2002

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

6.79%

Loan type

Building or Construction Loan, 30 year

Seller

Morris C Rainer Jr and Carol Rainer

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 7:20 PM

Listing updated: 11/08/2024 at 2:23 PM

Listed by: Carol Rainer, Southern Realty TX LLC Phone #: (936) 856-9873

MLS: Houston #58763526

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