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$7,500,000

Beds
4
Baths
5.0
sq ft
12,393

7519 Red Bay Cir, Magnolia, TX 77354

7519 Red Bay Cir

Magnolia, TX 77354

  • 5 days on market
Welcome to this Spanish Colonial/Modern home with a private gate entry designed by Elby Martin, sitting on 7.35 horse-friendly acres. The property is located immediately behind The Woodlands. The home's exterior features two small lakes for fishing, paddleboarding, kayaking, golf, MBA-style basketball, and a tennis court—a tree house for the kids and a go-kart track. The home interior features two cathedral staircases, a custom wine room, Cantera fireplaces, and wooden beams. The kitchen is set up perfectly for entertaining large groups and features high-end appliances. The whole house media features a home theatre with a 7.1 surround sound. The primary suite includes a panoramic view of your backyard oasis. It also has a modern home gym with full glass overlooking sand volleyball and the lake. The home also features a deep well that is wonderful for irrigating your acreage. This is truly a must-see in The Woodlands. With millions of dollars in recent upgrades, this home is a must-see.

Details

Property type

Single Family Residence

Est. home value

$2,812,539

Lot size

7.35 acres

Price per sq ft

$606

Year built

2011

Annual property taxes

$39,208

Price History

09/12/2024
Houston

Houston #60000183

Listed
$7,500,000
09/11/2024
Houston

Houston #31248341

Removed
03/13/2024
Houston

Houston #31248341

Listed
$8,500,000

Schools & Community

Elementary school: 

CEDRIC C. SMITH 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

Mark Atkins

Loan start date

December 2021

Original loan amount

$1,250,000

Est. remaining balance

Not provided

Interest rate

3.09%

Loan type

Stand Alone First, 4 year

Seller

Vdmd Capital Holdings Llc

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: 09/17/2024 at 10:05 PM

Listing updated: 09/13/2024 at 4:13 AM

Listed by: Jamie Bechtold, eXp Realty LLC Phone #: (888) 519-7431

MLS: Houston #60000183

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