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$312,000

Beds
3
Baths
2.0
sq ft
1,503

7202 Black Forest Dr, Magnolia, TX 77354

7202 Black Forest Dr

Magnolia, TX 77354

  • 13 days on market
Well maintained home on almost 1/2 acre. Large fenced backyard with plenty of room to play! Granite countertops in Kitchen and ceiling fans throughout. Westwood living is where the city meets country. The neighborhood provides basketball, tennis courts and pool for fun outdoor activity. Located within minutes of The Woodlands for convenient shopping, dining, concerts and entertainment; and located just south of Lake Conroe for boating, watersports, fishing and lakeside dining. Propane Tank is leased. All measurements are approximate and buyer to verify.

Details

Property type

Single Family Residence

Est. home value

$311,243

Lot size

0.46 acres

Price per sq ft

$208

Year built

1999

Annual property taxes

$4,687

Monthly HOA fee

$20.92

Price History

03/27/2025
Houston

Houston #55839514

Listed
$312,000
03/01/2025
Houston

Houston #85930792

Removed
12/20/2024
Houston

Houston #85930792

Price change
$312,000
-0.95%

Schools & Community

Elementary school: 

BEAR BRANCH ELEMENTARY SCHOOL (MAGNOLIA)

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

-$2,023
Asking price
$312,000
Closing costs (~8% of asking)
-$24,960
Est. remaining loan balance
-$289,063
Cash to seller
-$2,023

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

June 2023

Original loan amount

$295,056

Est. remaining balance

$289,063

Interest rate

6.43%

Loan type

FHA, 30 year

Seller

Jerrell Smith and Jacquelyn Shair

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: 04/09/2025 at 8:45 PM

Listing updated: 03/28/2025 at 4:06 AM

Listed by: Cynthia Oliver, Realty ONE Group, Experience Phone #: (936) 851-7011

MLS: Houston #55839514

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