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$370,000

Beds
3
Baths
2.0
sq ft
2,285

131 Magnolia Estates Dr, League City, TX 77573

131 Magnolia Estates Dr

League City, TX 77573

  • 11 days on market
If you've been looking for a great home on an oversized lot located in the heart of League City, look no further. This three bedroom two bathroom home sits on one of the largest lots in the neighborhood that is almost half an acre. As you enter, to the left is a spacious home office with French doors. Next, you will see the formal dining room that has tasteful wallpaper adding a touch of character. The beautiful real stone fire place is a staple feature of the home and the stone continues on the half wall to the kitchen. In the kitchen, you'll find brand new appliances and granite countertops. The bonus room could be perfect for a playroom or game room area. Outside, is a covered patio and a backyard big enough for the kids or pets to play, gardening, or even a pool! The roof was replaced in 2021 and comes with a transferable warranty. Homes with lots like this do not get listed often. Come see for yourself today!

Details

Property type

Single Family Residence

Est. home value

$379,011

Lot size

0.38 acres

Price per sq ft

$162

Year built

2003

Annual property taxes

$5,766

Monthly HOA fee

$33.33

Price History

01/21/2025
Houston

Houston #62751593

Listed
$370,000
02/15/2023
Houston

Houston #80029966

Removed

Schools & Community

Elementary school: 

ROSS ELEMENTARY SCHOOL (CLEAR CREEK)

Middle school: 

CREEKSIDE INTERMEDIATE SCHOOL

High school: 

CLEAR SPRINGS HIGH SCHOOL

School district: 

Clear Creek

Negotiation Insights

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

Seller could get up to

$11,162
Asking price
$370,000
Closing costs (~8% of asking)
-$29,600
Est. remaining loan balance
-$329,238
Cash to seller
$11,162

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wellby

Loan start date

February 2023

Original loan amount

$336,785

Est. remaining balance

$329,238

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Darren Fendall Mobley Jr and Ericka Michele Doucette

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?

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Status: Active

Tomo last checked: 02/02/2025 at 1:30 AM

Listing updated: 01/29/2025 at 1:33 PM

Listed by: Emily McCollum, Keller Williams Preferred Phone #: (281) 670-1800

MLS: Houston #62751593

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