9 days on rocket

40550 Mostyn Lake Dr, Magnolia, TX, 77354

$325,900

Home List Price

$3,870*

Closing Credit

3 Bedrooms
2 Full Baths
1,753 SqFt
$186/SqFt
House
Schools Nearby

Location

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40550 Mostyn Lake Dr, Magnolia$325,900

Buyer Closing Credits

$3,870*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached Garage2 spaces
Year Built2020
HeatingCentral, Natural Gas
CoolingCentral Air, Electric
MLS #38345160
Lot Size0.14 Acres
StatusActive

About 40550 Mostyn Lake Dr

***OPEN HOUSE*** SATURDAY, 5/4 FROM 11:00-1:00. Welcome to this gorgeous property located in Magnolia Springs! This home offers the comfort you are all looking for. As you enter the home, you will find a bright and open living space. The large kitchen is the perfect place to entertain your family. From the kitchen, you can easily converse with those in the large living area. With a split plan, you will find 2 bedrooms and a full bath on one side of the home and the primary bedroom on the other. This Gently lived in home offers Upgraded Luxury Vinyl Flooring, New Elegant Light Fixtures, and Plantation Shutters throughout. Kitchen has Granite Countertops, White Cabinets with Hardware, New Upgraded Appliances, and Island with Stunning Custom Stonework. Driveway has been Widened, Sprinkler System installed, Storage Shelves in garage, and plush landscaping added. PLUS... there is no HOA FEES!! You're conveniently less than 5 minutes from the new HEB, great dining, and shopping!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2020
  • Stories: 1
  • Living Area: 1,753 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Premier Properties
  • Office Phone: (281) 298-5777
  • Listing Agent: Kari Scott

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Oven
  • Flooring Type: Plank, Tile, Vinyl
  • Interior: Granite Counters, Kitchen/Family Room Combo, Pantry, Living/Dining Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage

Lot Features

Lot Information:

  • Lot: Subdivision
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Magnolia High School, Public District Grades 9-12
  • Bear Branch Jr High School, Public District Grades 6-8
  • Magnolia Parkway Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From 249, take FM 1488 East. Turn left on Community Rd. Go right at stop sign and Mostyn Springs will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,900
  • Price Per SqFt: $186/SqFt

Tax Information:

  • Annual Amount: $707
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Magnolia, TX.

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Magnolia, TX

City

Med. Sold Price

$388.7K

Med. Price/SqFt

$177

Avg. Days On Market

47

# of Sold Homes

101

40550 Mostyn Lake Dr vs Magnolia

9 DAYS ON ROCKET

-38 Days

$325,900

-$62.8K Less

$186/SqFt

+$9 More

KEY TAKEAWAY

This property is $62.8K less than the Median Sold Price and $9/SqFt more than other homes in Magnolia, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #38345160

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Premier Properties
  • Office Phone: (281) 298-5777
  • Listing Agent: Kari Scott

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/5/2024, 6:15:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$707$208,200
2020$391$35,870
2019 - $11,960

History based on county public records data.

Payment Calculator

$1,694

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,044

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6339160
5
/10

  • Magnolia Parkway Elementary School

  • 11745 Fm 1488 Rd

  • 1.78 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6339161
6
/10

  • Bear Branch Jr High School

  • 31310 Fm 2978 Rd

  • 5.93 miles

  • Public District Grades 6-8

High School

school-card-donut-6339162
5
/10

  • Magnolia High School

  • 14250 Fm 1488 Rd

  • 1.37 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $99,247. The most common annual income of people living in Magnolia, TX is between $100k-200k. The most common type of family is married, with kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40550 Mostyn Lake Dr

What is the listing price of this property?

The listing price of 40550 Mostyn Lake Dr property is $325,900.

What type of property is this?

The property 40550 Mostyn Lake Dr is a house located in Magnolia, Texas, 77354.

Is this property for sale now?

Active Listing: 40550 Mostyn Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 40550 Mostyn Lake Dr are:
Magnolia Parkway Elementary School: GreatSchools Rating 5/10
Bear Branch Jr High School: GreatSchools Rating 6/10
Magnolia High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $707 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 40550 Mostyn Lake Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 40550 Mostyn Lake Dr is 1,753 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40550 Mostyn Lake Dr is 2020.

Rocket Homes›Texas›Montgomery County›Magnolia›77354›40550 Mostyn Lake Dr

This home is located at 40550 Mostyn Lake Dr in Magnolia, TX and zip code 77354. This 1,753 square foot home, which was built in 2020, sits on a 0.14 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $325,900.

Magnolia, TX housing market in April 2024 saw over 18 listings sold above listed price, more than 17 sold at listed price and over 66 sold below. Between March 2024 and April 2024, Magnolia, TX real estate market has seen increase in the number of listings by 13.6%. While the average time on the market in April 2024 was 47 days, the median list price was $388,781.

From Rocket Homes Real Estate and based on county public records data.

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