703 Placid Lake Lane

Magnolia, TX 77354
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Sold
Sold
$552,001 - $627,000
Sold on May 16, 2022
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3 Bedroom(s)
2 Full Bath(s)
1,784 Sqft.
7.00 Lot Acres
Single-Family

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables
AVM Value
$609K
AVM Value
$693K
AVM Value
$630K
Value Range
$426K - $792K
Value Range
$617K - $783K
Value Range
$ 629,700
Confidence Score
70%

Margin of Error*: 30%
Confidence Score
NA
Confidence Score
NA
Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.
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Description

BEAUTIFUL MAGNOLIA RETREAT…This sprawling 7 acres has it all. Upon entering the property you will find a 1-story ranch style home along with a newly constructed metal building garage, big enough for 3 cars and includes an air conditioned office as well. As you walk further into the property you will be greeted by the stunning views looking downhill toward the pond and dense forest. In addition, the site includes walking trail system, boat/fishing dock, fencing around the entire property, interior fencing for horses or other livestock, and finally, in addition to the city water, there is also an on-site well for filling the pond and watering the yard. Come see this magnificent property. The views along with sounds of nature cannot be described. This is a one of a kind property located within a 5 minute drive to downtown Magnolia. This is your opportunity to own a piece of unrestricted land close to the rapidly growing Magnolia area. Don’t miss out!!

MLS#
63627982
Sold Price Range
$552,001 - $627,000
Listing Status
Sold
Address
703 Placid Lake Lane
City
State
TX
Zip Code
Legal Description
S404002 - DOGWOOD PATCHES 02, BLOCK 1, LOT 10, 11-A, 11-B, 1
Property Type
Single-Family
Bedroom
3 Bedroom(s)
Bath
2 Full Bath(s)
Garages
2 / Detached
Stories
1
Architecture Style
Traditional
Year Built
1969 / Appraisal District
Building Size
1,784 Sqft/Appraisal District
Lot Size
7.00 Lot Acres./Appraisal District
Key Map©
212E
Market Area

Rooms

Family Room
16 x 22, 1st
Dining
12 x 15, 1st
Kitchen
12 x 13, 1st
Breakfast
12 x 12, 1st
Primary Bedroom
16 x 22, 1st
Bedroom
12 x 11, 1st
Bedroom
12 x 13, 1st
Utility Room Desc
6 x 11, 1st

Exterior

Roof
Composition
Foundation
Slab
Private Pool
No
Exterior Type
Brick, Wood
Lot Description
Cleared, Water View, Wooded
Water Amenity
Pond
Carport Description
Attached & Detached
Water Sewer
Public Sewer, Public Water
Unit Location
Cleared,Water View,Wooded
Exterior
Back Yard Fenced, Covered Patio/Deck, Cross Fenced, Greenhouse, Partially Fenced, Storage Shed, Workshop

Interior

Fireplace
1
Floors
Carpet, Tile, Wood
Bathroom Description
Primary Bath: Shower Only
Cooling
Central Electric
Heating
Propane
Connections
Electric Dryer Connections, Washer Connections
Oven
Electric Oven
Range
Electric Cooktop
Energy Feature
Ceiling Fans

Lot information

Lot Size
7.00 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Additional information

Dwelling Type
Free Standing
HOA Mandatory
No
List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
3%
Sub Agent Compensation*
2%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Financial

Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$10,119/2021
Tax Rate
2.4251

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Estimated electricity cost

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

Nearby schools view nearby schools

Noise factors

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Source

Houston Association of REALTORS
Source last updated Apr 23, 2024 at 03:52 PM
Listing last updated May 19, 2022 at 09:36 AM

703 Placid Lake Lane, Magnolia, TX 77354. View photos, map, tax, nearby homes for sale, home values, school info...

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