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$1,395,900

Beds
4
Baths
2.5
sq ft
3,344

8526 Oakwood Dr, Magnolia, TX 77354

8526 Oakwood Dr

Magnolia, TX 77354

  • 56 days on market
    • Price drop $99,000↓
Step into this exceptional ranch-style two-story full updated home, perfectly positioned on 3.4 UNRESTRICTED ACRES. This beautifully updated home blends classic charm with modern elegance, offering a unique mix of comfort and functionality. Inside, you’ll find a spacious layout with 4 generously sized bedrooms and 2.5 stylish bathrooms. The versatile flex room adapts to your needs, while the expansive living area and updated kitchen are perfect for daily living. Outside, enjoy a personal retreat with a sparkling pool and a well-equipped outdoor kitchen, ideal for entertaining. The property also features a substantial workshop with boat & RV storage and a 3-room backyard studio office. A WHOLE-HOME GENERAC GENERATOR ensures uninterrupted comfort. NEW ROOF, (2024), NEW FENCE (2024), NEW AC (2022). Quick access to Aggie Expressway (SH 249), Grand Parkway (99), I-45 and zoned to Magnolia ISD. Embrace luxury and ease—schedule your private viewing today!

Details

Property type

Single Family Residence

Est. home value

$1,694,918

Lot size

3.41 acres

Price per sq ft

$418

Year built

1974

Annual property taxes

$7,205

Price History

10/18/2024
Houston

Houston #13037194

Price change
$1,395,900
-6.62%
09/26/2024
Houston

Houston #13037194

Price change
$1,494,900
-0.01%
09/13/2024
Houston

Houston #13037194

Listed
$1,495,000

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

Bank Of England

Loan start date

January 2022

Original loan amount

$827,000

Est. remaining balance

$779,086

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Mark J Mangrum and Mark Mangrum

Lender

Wildcat Lending Fund One Lp

Loan start date

April 2020

Original loan amount

$495,000

Est. remaining balance

Not provided

Interest rate

3.45%

Loan type

Commercial, 1 year

Seller

Mark J Mangrum

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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House

28536 FM 2978 Rd, Magnolia, TX 77354

Status: Active

Tomo last checked: 11/08/2024 at 11:35 AM

Listing updated: 10/27/2024 at 3:08 PM

Listed by: Christi Priddy, RE/MAX Integrity Phone #: (281) 370-5100

MLS: Houston #13037194

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