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$355,000

Beds
4
Baths
3.0
sq ft
2,455

311 Flower Reed Ct, Magnolia, TX 77354

311 Flower Reed Ct

Magnolia, TX 77354

  • 37 days on market
Welcome to this beautifully maintained 4-bed, 3-bath home in the desirable Magnolia Ridge Forest, a vibrant new build community with a park, splash pad, and covered pavilion. This home offers an open floor plan with high ceilings, filling the space with natural light and creating a welcoming atmosphere. The chef’s kitchen features a large center island, granite countertops, and a pantry. Enjoy spacious bedrooms, including a downstairs guest suite with a full bath. A dedicated home office provides work-from-home convenience, and the bonus room upstairs is perfect for a second living area or game room. Outdoors, relax in the private backyard with a covered patio, low-voltage lighting, Rainbird irrigation, and full gutters. Plus, the home is equipped with a 50-amp inlet for a generator and a natural gas quick connect for power outages. This move-in-ready home offers comfort, style, and modern living. Schedule a showing today or take the 3D tour!

Details

Property type

Single Family Residence

Lot size

6,756 sq ft

Price per sq ft

$145

Year built

2023

Annual property taxes

$9,659

Monthly HOA fee

$47.92

Price History

10/16/2024
Houston

Houston #98928370

Listed
$355,000
11/22/2023
Houston

Houston #86584047

Removed
10/24/2023
Houston

Houston #86584047

Pending
$334,990

Schools & Community

Elementary school: 

WILLIE E. WILLIAMS 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

$716
Asking price
$355,000
Closing costs (~8% of asking)
-$28,400
Est. remaining loan balance
-$325,884
Cash to seller
$716

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

Seller’s Loan History

Lender

M/I Financial Llc

Loan start date

November 2023

Original loan amount

$328,922

Est. remaining balance

$325,884

Interest rate

7.49%

Loan type

FHA, 30 year

Seller

Daniel Segura Catalan and Nicholas Adam Hainley

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 3:30 PM

Listing updated: 11/13/2024 at 12:03 PM

Listed by: Adam Olsen, eXp Realty, LLC Phone #: (936) 277-7117

MLS: Houston #98928370

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