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$795,000

Beds
5
Baths
4.0
sq ft
4,063

5123 Ranch Hill Dr, Magnolia, TX 77354

5123 Ranch Hill Dr

Magnolia, TX 77354

  • 14 days on market
Custom-built home nestled on 2.77 wooded acres with a separate 1200 sq ft guest house in the highly rated Magnolia school district. The main house features 4 bedrooms, 3 full bathrooms, high ceilings, new carpet, 2 new A/C units in 2023, tankless water heater, new interior/exterior paint, new granite countertops and sink in 2024, and new stainless steel appliances in 2021. Enjoy a spacious primary suite with a large bay window and wood floors. The primary bath features his/her sinks and a whirlpool tub. There is a 2nd main floor bedroom with access to a full bath, which could be used as a home office. Upstairs, you find a generous game room, 2 additional large bedrooms, and a full bathroom. The guest house was built in 2019 and features a gourmet kitchen, 2 bedrooms, a fireplace, laundry, and a 1 car garage. There is plenty of space for a large pool and shop, with room for horses and 4H animals. Enjoy a serene setting with friendly deer.

Details

Property type

Single Family Residence

Est. home value

$925,054

Lot size

2.77 acres

Price per sq ft

$196

Year built

1996

Annual property taxes

$8,581

Monthly HOA fee

$33.33

Price History

09/20/2024
Houston

Houston #66505718

Listed
$795,000
09/17/2024
Houston

Houston #10592326

Removed
08/28/2024
Houston

Houston #10592326

Price change
$795,000
-3.64%

Schools & Community

Elementary school: 

TOM R. ELLISOR ELEMENTARY SCHOOL

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

Pnc Bank Na

Loan start date

November 2023

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

7.49%

Loan type

Credit Line (Revolving), 40 year

Seller

John D Ledbetter and Sandy J Ledbetter

Lender

Amerisave Mortgage Corp

Loan start date

February 2021

Original loan amount

$196,840

Est. remaining balance

$180,687

Interest rate

2.65%

Loan type

New Conventional, 30 year

Seller

John D Ledbetter and Sandra J Ledbetter

Lender

Quicken Loans Inc

Loan start date

June 2005

Original loan amount

$188,550

Est. remaining balance

Not provided

Interest rate

5.5%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

John D Ledbetter and Sandy J Ledbetter

Lender

Wells Fargo Bank Na

Loan start date

February 2004

Original loan amount

$35,820

Est. remaining balance

Not provided

Interest rate

5.82%

Loan type

Credit Line (Revolving), 30 year

Seller

John D Ledbetter and Sandy J Ledbetter

Lender

Abn Amro Mtg Group Inc

Loan start date

September 2002

Original loan amount

$202,800

Est. remaining balance

$0

Interest rate

5.93%

Loan type

Not Provided, 15 year

Seller

John D Ledbetter and Sandra J Ledbetter

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: 10/04/2024 at 8:10 PM

Listing updated: 10/03/2024 at 4:52 PM

Listed by: Kyler Ferris, Ferris Realty Phone #: (512) 573-6990

MLS: Houston #66505718

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