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40542 Mostyn Lake Dr, Magnolia, TX, 77354

$295,000

Home List Price

$3,503*

Closing Credit

3 Bedrooms
2 Full Baths
1,785 SqFt
$165/SqFt
House

Location

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40542 Mostyn Lake Dr, Magnolia$295,000

Buyer Closing Credits

$3,503*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached Garage2 spaces
Year Built2020
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #55230391
Lot Size0.14 Acres
StatusActive

About 40542 Mostyn Lake Dr

Like NEW home in Mostyn Springs! This home has so many upgrades that a new build won’t. Beautifully landscaped yard, custom wainscot entry, open kitchen / living room concept, beautiful kitchen island, tons of storage, study/flex room right off the living room, great kitchen table space, fully custom closet built in's, covered back patio, smart technology entry/garage. The primary suite overlooks the backyard, which leads to the primary bathroom - dual vanities, large glass shower, custom closet with amazing use of space - drawers, shelving, hooks and space for hanging all of your clothes and accessories - organization dream. The master closet connects to the laundry room that has storage for all of your needs. Two spare bedrooms are great size and one has wainscot that is a designer dream. Driskill floorplan with lots of upgrades - see attached document. Come see this beautiful home today!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2020
  • Living Area: 1,785 SqFt

Listing Office:

  • Office Name: TexasLife Realty LLC
  • Office Phone: (936) 827-1920
  • Listing Agent: Kathryn Jean

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal

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: Cleared, Subdivision
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From 1488, turn onto Community Road. Proceed straight onto Damuth, take a right onto Mostyn Drive. Take a left onto Mostyn Lake Drive. Home is on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $295,000
  • Price Per SqFt: $165/SqFt

Tax Information:

  • Annual Amount: $964
  • 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

$351.7K

Med. Price/SqFt

$171

Avg. Days On Market

51

# of Sold Homes

86

40542 Mostyn Lake Dr vs Magnolia

3 DAYS ON ROCKET

-48 Days

$295,000

-$56.7K Less

$165/SqFt

-$6 Less

KEY TAKEAWAY

This property is $56.7K less than the Median Sold Price and $6/SqFt less than other homes in Magnolia, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #55230391

Listing Office:

  • Office Name: TexasLife Realty LLC
  • Office Phone: (936) 827-1920
  • Listing Agent: Kathryn Jean

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: 12/21/2024, 8:20:49 PM 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$964$209,600
2020$400$48,860
2019 - $12,220

History based on county public records data.

Payment Calculator

$1,540

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$951

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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.

Nearby Schools

school-card-donut-774691
5
/10

  • Magnolia Parkway Elementary School

  • 11745 FM 1488 Rd

  • 1.68 miles

  • Public District Grades PK-4

school-card-donut-774692
7
/10

  • Bear Branch Elementary School

  • 8909 FM 1488 Rd

  • 4.49 miles

  • Public District Grades PK-4

school-card-donut-774693
6
/10

  • Williams Elementary School

  • 18101 FM 1488 Rd

  • 4.67 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $99,247. Residents of Magnolia, TX typically earn between $100k-200k each year. Residents typically live in married, with kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 40542 Mostyn Lake Dr

What is the listing price of this property?

The listing price of 40542 Mostyn Lake Dr property is $295,000.

What type of property is this?

The property 40542 Mostyn Lake Dr is a house located in Magnolia, Texas, 77354.

Is this property for sale now?

Active Listing: 40542 Mostyn Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $964 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 40542 Mostyn Lake Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 40542 Mostyn Lake Dr is 1,785 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 40542 Mostyn Lake Dr is 2020.

Rocket Homes›Texas›Montgomery County›Magnolia›77354›40542 Mostyn Lake Dr

This home is located at 40542 Mostyn Lake Dr in Magnolia, TX and zip code 77354. This 1,785 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 December 19, 2024 and is currently priced at $295,000.

While more than 14 listings in Magnolia, TX in November 2024 were sold above asking price, there were more than 21 listings sold at asking price, and more than 51 were sold below. The number of listings in Magnolia, TX decreased by 2.2% between October 2024 and November 2024. In November 2024 median list price was $351,757 and the average listing age was 51 days.

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

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