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$700,000

Beds
3
Baths
3.0
sq ft
2,279

5706 Ranch Hill Dr, Magnolia, TX 77354

5706 Ranch Hill Dr

Magnolia, TX 77354

  • 103 days on market
Welcome to this charming custom 1-story home nestled between two cul-de-sac streets is located in the highly rated Magnolia School District, offering a perfect blend of comfort and style. With a spacious split floor plan, the home features 3 bedrooms, 3 full bathrooms, and 9 foot ceilings throughout. Set on 2 acres, natural light pours in, highlighting beautiful hardwood floors, tile, and cozy carpet in two bedrooms. The kitchen and bathrooms are finished with elegant granite countertops. Enjoy two fireplaces, an office, and a formal dining room. Outdoors, relax by the remodeled pool or work in the spacious workshop, with the added convenience of a 3-car garage. Located in an equestrian-friendly community, the property offers a sparkling lake, two parks with playgrounds, scenic nature, and bridle trails. Perfect for horse enthusiasts, the property can accommodate 2 horses and 4H animals. Conveniently located near The Woodlands, Woodforest, Lake Creek Preserve and Lake Conroe.

Details

Property type

Single Family Residence

Est. home value

$610,448

Lot size

2.04 acres

Price per sq ft

$308

Year built

1996

Annual property taxes

$7,736

Monthly HOA fee

$37.5

Price History

10/05/2024
Houston

Houston #81644778

Listed
$700,000
09/18/2024
Houston

Houston #81644778

Removed
09/10/2024
Houston

Houston #81644778

Listed
$700,000

Schools & Community

Elementary school: 

TOM R. ELLISOR ELEMENTARY SCHOOL

Middle school: 

BEAR BRANCH JUNIOR HIGH SCHOOL

High school: 

MAGNOLIA 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

$131,132
Asking price
$700,000
Closing costs (~8% of asking)
-$56,000
Est. remaining loan balance
-$512,868
Cash to seller
$131,132

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

Seller’s Loan History

Lender

Leader One Financial Corp

Loan start date

June 2021

Original loan amount

$554,260

Est. remaining balance

$512,868

Interest rate

2.94%

Loan type

VA, 30 year

Seller

Ruben De Avila Ii and Claudia Ventura De Avila

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: 12/23/2024 at 12:40 AM

Listing updated: 12/21/2024 at 4:59 PM

Listed by: Debra Osborn-Camino, eXp Realty LLC Phone #: (888) 519-7431

MLS: Houston #81644778

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