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40110 Otero

Magnolia, TX 77354
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Sold
Sold
$185,001 - $215,000
Sold on April 17, 2023
1.53 Lot Acres
Lots

Sold Transaction

Rusty Cable represented the seller on this sold transaction on 04/17/2023

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General Description

Beautiful 1.5 acres Wooded Lot in the established community of Cimarron Country with Towering Large Tree's. It has been Professionally cleared, tilled, and seeded. A temporary culvert and access to the cleared house envelope is in place and ready to start construction. Quiet and secluded location with a lot of nature. It has a 4ft, 3 Rail Steel Fence on 3 Sides with Cemented Posts. The Fence has been completely Sanded & Painted. All utilities: water, gas, electrical and there are power poles already on the property (closer to house pad for hookup) Big enough to have a septic tank and a water well (you need at least 1.5 acres to have both on the same lot in Montgomery county) survey and soil reports available for review. Second highest lot on a hill. Never flooded. Monitored during Harvey with NO water accumulating on the lot. (see elevations map) Wild life from the nearby creek visit in the backyard and throughout the community.**All information per seller and previous owner**

MLS#
98533878
Sold Price Range
$185,001 - $215,000
Listing Status
Sold
Address
40110 Otero
City
Magnolia
State
TX
Zip Code
77354
County
Montgomery County
Legal Description
CIMARRON COUNTRY, LOT 283, ACRES 1.525
Property Type
Lots
Lot Size
1.53 Lot Acres./Appraisal District
Maintenance Fee
$140 / Annually
Key Map©
214H
Market Area

Financial

Financing Considered
Cash Sale, Conventional, FHA, Texas Veterans Land Board, VA
Other Fees
Yes / 250 / Transfer
Maintenance Fee
Yes / $140 / Annually
Taxes w/o Exemp
$1,309/2019
Tax Rate
2.0237

Additional information

HOA Mandatory
Yes
List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
3%
Sub Agent Compensation*
3%

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

Exterior

Lot Description
Cul-De-Sac, Interior, Level, Subdivision, Wooded
Cable
Available
Water Sewer
Public Water
Phone
Available
Electric
Electric Available
Gas
Gas Available
Road Surface
Asphalt
Unit Location
Cul-De-Sac,Interior,Level,Subdivision,Wooded

Lot Information

Lot Size
1.53 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
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Source

Houston Association of REALTORS
Source last updated Apr 29, 2024 at 11:47 PM
Listing last updated Apr 20, 2023 at 10:16 AM

Property tax

Cost/Sqft based on tax value

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Mortgage

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

Estimated Monthly Payments

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

Subdivision Facts

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