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$400,000

Beds
3
Baths
2.0
sq ft
1,443

16507 Walnut Springs Ln, Magnolia, TX 77355

16507 Walnut Springs Ln

Magnolia, TX 77355

  • 1 day on market
Surround yourself with nature in this 3-bedroom, 2-bathroom fully renovated home in Walnut Springs. The property features a brick elevation, wood burning fireplace, open floorplan, and high, beamed ceilings in the living room. Enjoy a breeze on the relaxing covered patio in the expansive, fully fenced backyard, complete with hot tub, above-ground pool, and storage shed. The kitchen boasts upgraded Quartz countertops, natural stone backsplash, and a double oven range. Unwind after a long day in the primary suite, complete with a walk-in closet and large shower. The separate 1-bedroom, 1-bathroom 900sqft+ guesthouse features a living area, kitchen with wood countertops and range. Located on Hwy 249 and the Grand Parkway, residents can find popular dining and shopping at the nearby Downtown Magnolia and Tomball Town Center. Walnut Springs is nestled between multiple parks and golf courses. Zoned to Magnolia ISD.

Details

Property type

Single Family Residence

Est. home value

$302,860

Lot size

0.39 acres

Price per sq ft

$278

Year built

1975

Annual property taxes

$5,156

Price History

09/17/2024
Houston

Houston #72544842

Listed
$400,000
05/14/2021
Houston

Houston #24061372

Removed

Schools & Community

Elementary school: 

J.L. LYON ELEMENTARY SCHOOL

Middle school: 

MAGNOLIA JUNIOR HIGH SCHOOL

High school: 

MAGNOLIA WEST HIGH SCHOOL

School district: 

Magnolia

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

$151,593
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$216,407
Cash to seller
$151,593

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

Seller’s Loan History

Lender

Hometrust Mortgage Co

Loan start date

May 2021

Original loan amount

$232,750

Est. remaining balance

$216,407

Interest rate

3.17%

Loan type

New Conventional, 30 year

Seller

Michael Gollnisch and Krysti Nicole Gollnisch

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: 09/19/2024 at 10:55 AM

Listing updated: 09/18/2024 at 4:03 AM

Listed by: Lance Loken, Keller Williams Platinum Phone #: (281) 856-0808

MLS: Houston #72544842

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