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$248,000

Beds
4
Baths
2.0
sq ft
1,516

30519 Lake Circle Ln, Magnolia, TX 77354

30519 Lake Circle Ln

Magnolia, TX 77354

  • 139 days on market
This is an exceptional investment opportunity! Home features spacious 4-bedroom, 2-bath and is situated on a generous 20,000 sq ft unrestricted lot. Currently leased until August 2025, this property offers immediate rental income. The expansive lot provides ample space for future development or customization. Don’t miss out on this unique chance to invest in a property with great potential!

Details

Property type

Single Family Residence

Est. home value

$260,400

Lot size

0.47 acres

Price per sq ft

$164

Year built

2020

Annual property taxes

$3,450

Price History

08/05/2024
Houston

Houston #17537096

Listed
$248,000
04/15/2020
Houston

Houston #83210456

Removed

Schools & Community

Elementary school: 

WILLIE E. WILLIAMS ELEMENTARY SCHOOL

Middle school: 

MAGNOLIA JUNIOR HIGH SCHOOL

High school: 

MAGNOLIA WEST HIGH SCHOOL

School district: 

Magnolia

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

Hometown Equity Mortgage

Loan start date

April 2023

Original loan amount

$167,700

Est. remaining balance

Not provided

Interest rate

6.5%

Loan type

Commercial, 30 year

Seller

Andres Felipe Olaya

Lender

Carl Bauer

Loan start date

April 2020

Original loan amount

$90,000

Est. remaining balance

Not provided

Interest rate

3.45%

Loan type

Seller take-back, 2 year

Seller

Andrea Felipe Olaya

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: 12/22/2024 at 11:50 PM

Listing updated: 08/06/2024 at 12:12 PM

Listed by: Jessica Benitez, RE/MAX Partners Phone #: (281) 893-8400

MLS: Houston #17537096

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