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$890,000

Beds
4
Baths
4.5
sq ft
3,762

20719 Timber Ridge Dr, Magnolia, TX 77355

20719 Timber Ridge Dr

Magnolia, TX 77355

  • 31 days on market
This stunning home sits on over 2 acres in Indigo Lake Estates, featuring a salt water pool with waterfall and a rock slide and an outdoor kitchen. Enjoy community amenities including a 160-acre boating lake, baseball field, riding trails, and parks. The open-concept design boasts walnut floors and a chef's kitchen complete with a 5 burner gas stove, marble countertops and a large island. With 2 bedrooms downstairs, 2 upstairs, 2 flex spaces, a formal office, and 4.5 bathrooms, this home has it all. The elegant primary suite offers tray ceilings, double closets, & a private exit, with a luxurious bathroom featuring marble floors, a soaking tub, and a walk-in shower. Nestled off the road with a long driveway and parking area, it's ready for your custom garage. Too many upgrades to list! Roof is fairly new, & HVAC system replaced last year! Conveniently located minutes from Grand PKWY & 249 toll road, with shopping & dining nearby, & just 45 minutes to Houston. High and dry, low taxes!

Details

Property type

Single Family Residence

Est. home value

$776,557

Lot size

2.11 acres

Price per sq ft

$237

Year built

1999

Annual property taxes

$8,834

Monthly HOA fee

$90.83

Price History

10/23/2024
Houston

Houston #82629079

Removed
10/22/2024
Houston

Houston #82629079

Listed
$890,000
03/03/2022
Houston

Houston #50143563

Removed

Schools & Community

Elementary school: 

NICHOLS SAWMILL 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

$467,276
Asking price
$890,000
Closing costs (~8% of asking)
-$71,200
Est. remaining loan balance
-$351,524
Cash to seller
$467,276

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

March 2022

Original loan amount

$371,250

Est. remaining balance

$351,524

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Zachariah George and Elba Zapata George

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: 11/22/2024 at 3:40 PM

Listing updated: 11/02/2024 at 6:28 PM

Listed by: Victoria Lewis, Better Homes and Gardens Real Estate Gary Greene - Champions Phone #: (281) 444-5140

MLS: Houston #82629079

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