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$7,500,000

Beds
7
Baths
8.0
sq ft
12,393

7519 Red Bay Cir, Magnolia, TX 77354

7519 Red Bay Cir

Magnolia, TX 77354

  • 60 days on market
Truly a must-see property! Stunning, picturesque Spanish colonial style home with a private gated entry designed by Elby Martin, sitting on 7.35 horse-friendly acres, located immediately behind The Woodlands. This property has it all: two small lakes for fishing, paddleboarding, kayaking, putting green for golf, NBA-style basketball court, sand volleyball and tennis courts— also a tree house for the kids and go-kart track! This one-of-a-kind home features two cathedral staircases, a custom wine room, Cantera fireplaces, wooden beams throughout, and a spacious kitchen with high-end appliances ideal for entertaining large groups. Workout in your modern home gym, enjoy panoramic views of your backyard oasis, and relax in your home theatre with a 7.1 surround sound. Your own deep well is wonderful for irrigating your acreage. With millions of dollars in recent upgrades including (2) modern guest houses, don't miss your chance to explore this luxury estate! Schedule a tour today!

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: 11/12/2024 at 2:25 PM

Listing updated: 11/02/2024 at 3:08 PM

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

MLS: Houston #60000183

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