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$355,000

Beds
4
Baths
2.5
sq ft
2,715

8840 Twin Falls Ln, Magnolia, TX 77354

8840 Twin Falls Ln

Magnolia, TX 77354

  • 53 days on market
    • Price drop $23,000↓
Welcome to 8840 Twin Falls Lane in Magnolia. This 4 Bedroom pearl sits on a cul de sac street in the exclusive, newer, low tax rate community of Cimarron Creek. Built in 2021 the exterior of the home is adorned with an inviting, warm brick exterior and eye catching stone veneer. Step inside and be guided through the home by tile and luxury vinyl plank flooring. No carpeting!!. Some features of the home include an ultra practical floor plan (no wasted space here), front and back patios that extend your living and enjoyment areas, a delightful kitchen with full size Island, 42 inch Silestone cabinets, mosaic backsplash, all connecting to the family room and breakfast area and much more. Outside you have a 6 zone Sprinkler system, all around gutters, vegetable garden beds with outdoor nursery for the gardener in YOU. Cimarron Creek offers residents a recreation center, swimming pool, park, and playground. Located between Hwy 249 and I-45, commuters get easy access to Downtown Houston.

Details

Property type

Single Family Residence

Est. home value

$378,175

Lot size

6,534 sq ft

Price per sq ft

$131

Year built

2021

Annual property taxes

$6,025

Monthly HOA fee

$80.42

Price History

12/11/2024
Houston

Houston #51140563

Price change
$355,000
-6.08%
10/30/2024
Houston

Houston #51140563

Listed
$378,000
09/24/2021
Houston

Houston #68230180

Removed

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

$62,809
Asking price
$355,000
Closing costs (~8% of asking)
-$28,400
Est. remaining loan balance
-$263,791
Cash to seller
$62,809

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

Seller’s Loan History

Lender

Acc Mortgage Inc

Loan start date

September 2021

Original loan amount

$283,889

Est. remaining balance

$263,791

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Chandra Malane Ranne

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: 12/22/2024 at 6:25 PM

Listing updated: 12/14/2024 at 2:08 PM

Listed by: Kufre Udoh, RE/MAX Universal Phone #: (281) 894-1000

MLS: Houston #51140563

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