tomo logo

$416,000

Beds
4
Baths
4.0
sq ft
3,490

525 Magnolia Trl, Desoto, TX 75115

525 Magnolia Trl

DeSoto, TX 75115

  • 3 days on market
    • Price drop $9,500↓
Honey, stop the car! This beautiful home boasts not one but two owner's retreats. With two living, two dining, an eat in kitchen with built in banquette seating and a massive island; finding enough space for your guests will not be a problem. To add to your enjoyment there are two additional bedrooms, a large game room, and a separate media room that is currently being used as a 5th bedroom. The fun doesn't stop there, your backyard has an extended patio, deck, storage shed and plenty of green space. This home has a something for everyone! Let me introduce you to your new home!

Details

Property type

Single Family Residence

Est. home value

$431,390

Lot size

6,621.12 sq ft

Price per sq ft

$120

Year built

2003

Annual property taxes

$8,625

Monthly HOA fee

$25

Price History

03/08/2025
NTREIS

NTREIS #20860055

Listed
$416,000
09/22/2021
NTREIS

NTREIS #14645780

Removed

Schools & Community

Neighborhood: 

Candel Meadow

Elementary school: 

Cockrell Hill

Middle school: 

Curtistene S Mccowan

High school: 

Desoto

School district: 

Desoto ISD

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

$45,699
Asking price
$416,000
Closing costs (~8% of asking)
-$33,280
Est. remaining loan balance
-$337,021
Cash to seller
$45,699

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

Seller’s Loan History

Lender

Newrez Llc

Loan start date

September 2021

Original loan amount

$365,000

Est. remaining balance

$337,021

Interest rate

2.77%

Loan type

VA, 30 year

Seller

Alonzo Jones and Kathy D Jones

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?

Status: Active

Tomo last checked: 03/11/2025 at 1:45 PM

Listing updated: 03/08/2025 at 7:13 PM

Listed by: Ratyra Moore, Monument Realty Phone #: (214) 705-7827

MLS: NTREIS #20860055

NTREIS logo

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