tomo logo

$1,425,000

Beds
4
Baths
4.5
sq ft
4,849

39602 Lago Dr, Magnolia, TX 77354

39602 Lago Dr

Magnolia, TX 77354

  • 1 day on market
    • Open house Jan 11
Luxurious retreat situated on 5 ACRES w/ 5-STALL BARN - along with cross-fenced areas perfect for horses & a stocked lake w/ a pavilion. Minutes to all THE WOODLANDS has to offer! Enjoy the best of both worlds with PRIVACY and proximity. 4 beds and 4.5 baths, an oversized 3-car garage – Recent updates include a REMODELED granite kitchen w/ stainless steel appliances, REMODELED PRIMARY bath, new interior paint & new carpet. The primary retreat is a HAVEN with backyard access, fireplace, and a spa-like bath w/ teak wood floor. Beautiful hard wood floors throughout main living areas along with built-ins in family. Upstairs, a game room and a 33x12 BALCONY overlook the pool. Outside features include a pool & spa w/ new pool heater, covered patio, outdoor kitchen w/ a convenient pool bath downstairs. WHOLE HOME GENERATOR, new septic, & new water well system. Zoned to Magnolia ISD w/ a LOW tax rate! The owner has not had any problem w/ flooding. Call today for your private showing!

Details

Property type

Single Family Residence

Est. home value

$1,662,726

Lot size

5.10 acres

Price per sq ft

$294

Year built

1997

Annual property taxes

$13,182

Monthly HOA fee

$39.17

Price History

01/07/2025
Houston

Houston #87286051

Listed
$1,425,000
01/27/2022
Houston

Houston #71672361

Removed

Schools & Community

Elementary school: 

BEAR BRANCH ELEMENTARY SCHOOL (MAGNOLIA)

Middle school: 

BEAR BRANCH JUNIOR HIGH SCHOOL

High school: 

MAGNOLIA 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

Member Home Loans Llc

Loan start date

February 2013

Original loan amount

$0

Est. remaining balance

Not provided

Interest rate

2.71%

Loan type

Credit Line (Revolving)

Seller

Paul K Sammons and Rosemary Sammons

Lender

Member Home Loan Llc

Loan start date

February 2013

Original loan amount

$497,000

Est. remaining balance

Not provided

Interest rate

2.71%

Loan type

Credit Line (Revolving), 30 year

Seller

Paul K Sammons and Rosemary Sammons

Lender

Option One Mortgage Corp

Loan start date

March 2004

Original loan amount

$496,000

Est. remaining balance

Not provided

Interest rate

6.15%

Loan type

Credit Line (Revolving), 30 year

Seller

Paul K Sammons and Rosemary Sammons

Lender

World Svgs Bank Fsb

Loan start date

January 2001

Original loan amount

$375,000

Est. remaining balance

Not provided

Interest rate

7.42%

Loan type

Stand Alone First, 30 year

Seller

Paul K Sammons

Lender

Manfred Falderbaum

Loan start date

October 1995

Original loan amount

$45,000

Est. remaining balance

Not provided

Interest rate

7.94%

Loan type

Seller take-back

Seller

Paul K Sammons and Rosemary Sammons

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: 01/08/2025 at 8:00 PM

Listing updated: 01/08/2025 at 4:04 AM

Listed by: Jeremy Larkin, Keller Williams Realty The Woodlands Phone #: (281) 364-1588

MLS: Houston #87286051

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