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$1,477,100

Beds
4
Baths
4.5
sq ft
4,849

39602 Lago Dr, Magnolia, TX 77354

39602 Lago Dr

Magnolia, TX 77354

  • 151 days on market
    • Price drop $22,900↓
Welcome to your luxurious retreat on 5 ACRES of bliss! 1 mile from HEB! This stunning property boasts a pool & spa, with a convenient pool bath downstairs. Just minutes from The Woodlands, enjoy the best of both worlds with PRIVACY and proximity. Enter through your PRIVATE GATE to discover a FULLY FENCED oasis, complete with amenities like horse trails, a riding area, and a stocked lake with a pavilion! Inside, find 4 beds and 4.5 baths, an oversized 3-car garage, and updates throughout, including a granite kitchen, hardwood floors, and a family room with built-ins. The primary retreat is a HAVEN with backyard access, fireplace, and a spa-like bath w/ teak wood floors. Upstairs, a game room and a 33x12 BALCONY overlook the pool. Outside features a GENERATOR, a covered patio, outdoor kitchen, and 5-STALL BARN await, along with cross-fenced areas perfect for horses. Zoned to Magnolia ISD with a LOW tax rate. The house sits high and dry! Make the 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

$305

Year built

1997

Annual property taxes

$13,182

Monthly HOA fee

$39.17

Price History

09/26/2024
Houston

Houston #86282201

Price change
$1,477,100
-1.53%
08/06/2024
Houston

Houston #86282201

Price change
$1,500,000
-3.54%
07/02/2024
Houston

Houston #86282201

Price change
$1,555,000
-2.75%

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: 10/05/2024 at 7:20 PM

Listing updated: 09/26/2024 at 10:02 AM

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

MLS: Houston #86282201

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