tomo logo

$729,000

Beds
5
Baths
4.0
sq ft
4,000

9410 FM 1488 Rd, Magnolia, TX 77354

9410 FM 1488 Rd

Magnolia, TX 77354

  • 156 days on market
    • Price drop $20,000↓
Welcome to this exquisite custom-built home, where sophistication meets tranquility. Nestled in the sought after Sendera Lake Estates on 2.8 acres. Immerse yourself in the beauty of the serene backyard, visible from the spacious living room. Beyond the main residence, discover a separate shop. A large game room & a full guest suite await upstairs. An additional bonus room provides versatility, ideal for use as a home office, gym, or media room. Recent flooring updates add a touch of modernity. A whole-home generator ensures uninterrupted power, while the surround sound system immerses you in entertainment, both indoors & out. Embrace the equestrian lifestyle, where up to three horses are permitted. Explore the property's vast expanse, gather around the fire pit, or utilize the well for various purposes. An automatic sprinkler system covers 1.5 acres. Located within the Magnolia School District & NO MUD TAXES. Recent improvements include land leveling, sod, landscaping & tree removal.

Details

Property type

Single Family Residence

Est. home value

$776,859

Lot size

2.88 acres

Price per sq ft

$183

Year built

1993

Annual property taxes

$10,896

Monthly HOA fee

$47.17

Price History

06/25/2024
Houston

Houston #96558980

Price change
$729,000
-2.67%
06/17/2024
Houston

Houston #96558980

Price change
$749,000
+1.35%
06/14/2024
Houston

Houston #96558980

Price change
$739,000
-1.34%

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

$123,146
Asking price
$729,000
Closing costs (~8% of asking)
-$58,320
Est. remaining loan balance
-$547,534
Cash to seller
$123,146

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

Seller’s Loan History

Lender

Union Home Mortgage Corp

Loan start date

September 2022

Original loan amount

$561,750

Est. remaining balance

$547,534

Interest rate

5.22%

Loan type

New Conventional, 30 year

Seller

Joshua Ali Amron and Zachary Amron

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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8910 FM 1488 Rd, Magnolia, TX 77354

Status: Active

Tomo last checked: 07/07/2024 at 6:35 PM

Listing updated: 06/25/2024 at 12:45 PM

Listed by: Michelle Layne, Segue Real Estate Group Phone #: (281) 897-9555

MLS: Houston #96558980

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