3 months on rocket

4702 Magnolia Summit Ln, Katy, TX, 77494

$585,000

Home List Price

$6,947*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
3,206 SqFt
$182/SqFt
House

Location

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4702 Magnolia Summit Ln, Katy$585,000

Buyer Closing Credits

$6,947*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Tandem
Attached Garage3 spaces
Year Built2012
HeatingCentral, Natural Gas
CoolingCentral Air, Electric, Attic Fan
FireplaceGas, Gas Log, Outside
MLS #40423250
Lot Size0.19 Acres
StatusActive

About 4702 Magnolia Summit Ln

Incredible David Weekley one story home featured in the exclusive Ashfield Gardens community of Cinco Ranch! This KatyISD home has numerous upgrades including plantation shutters, indoor and outdoor gas fireplaces, wine grotto, butler's pantry, and a large kitchen that is an entertainer's dream. The high ceilings and large windows allow natural light to pour into the home. You'll delight in the oversized shower area of the expansive primary bath with two separate shower heads - your own personal spa! In addition the home has 3 separate patio areas and a 3 car tandem garage with a dedicated outlet for an electric vehicle. Don't miss the stairs in the garage leading to the Texas Basement with a generous storage area. The neighborhood also has its own exclusive community center with fitness facilities and weekly social events for residents along with the other amenities that Cinco Ranch has to offer. Schedule your private tour today and don't miss out on the home you'll fall in love with!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2012
  • Living Area: 3,206 SqFt

Listing Office:

  • Office Name: CB&A, Realtors-Katy
  • Office Phone: (832) 678-4770
  • Listing Agent: Heather Garcia

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher, Gas Cooktop, Disposal, Microwave
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Butlers Pantry, Crown Molding, Double Vanity, Entrance Foyer, Granite Counters, High Ceilings, Kitchen Island, Kitchen/Family Room Combo, Bath in Primary Bedroom, Pantry, Self-closing Drawers, Soaking Tub, Separate Shower, Tub Shower, Vanity, Walk-In Pantry, Wired for Sound
  • Fireplace: Gas, Gas Log, Outside

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Covered Patio, Deck, Fully Fenced, Fence, Sprinkler/Irrigation, Porch, Patio, Private Yard, Tennis Court(s)

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage, Tandem

Virtual/3D Tour

  • Virtual Tour: 4702 Magnolia Summit Ln
Virtual Tour

Lot Features

Lot Information:

  • Lot: Near Golf Course, Subdivision, Side Yard(s)
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Seven Lakes Junior High School, Public District Grades 6-8

Other

Directions Information:

  • Directions: From 99 turn west on Cinco Ranch Blvd. Turn north on Spring Green Blvd. Turn east onto Teton Ridge Blvd. Turn south on Monterey Bend Ln. Monterey Bend Ln turns north and becomes Magnolia Summit Ln. The destination will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $585,000
  • Price Per SqFt: $182/SqFt

HOA Fees:

  • Amount: $1430
  • Frequency: Annually

Tax Information:

  • Annual Amount: $10,537
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$382.7K

Med. Price/SqFt

$168

Avg. Days On Market

41

# of Sold Homes

376

4702 Magnolia Summit Ln vs Katy

116 DAYS ON ROCKET

+75 Days

$585,000

+$202.2K More

$182/SqFt

+$13 More

KEY TAKEAWAY

This property is $202.2K more than the Median Sold Price and $13/SqFt more than other homes in Katy, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #40423250

Listing Office:

  • Office Name: CB&A, Realtors-Katy
  • Office Phone: (832) 678-4770
  • Listing Agent: Heather Garcia

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: 11/4/2024, 10:20:48 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
2020$10,537$409,740
2019$12,156$410,020
2018$12,499$417,680
2017$13,090$417,530

History based on county public records data.

Payment Calculator

$3,106

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,820

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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.

Middle School

school-card-donut-1742430
9
/10
  • Seven Lakes Junior High School

  • 6026 Katy Gaston Rd

  • 1.58 miles

  • Public District Grades 6-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $113,010. The majority of Katy, TX residents have income between $100k-200k annually. Typical family type is married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4702 Magnolia Summit Ln

What is the listing price of this property?

The listing price of 4702 Magnolia Summit Ln property is $585,000.

What type of property is this?

The property 4702 Magnolia Summit Ln is a house located in Katy, Texas, 77494.

Is this property for sale now?

Active Listing: 4702 Magnolia Summit Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4702 Magnolia Summit Ln are:
Seven Lakes Junior High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $10,537 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 4702 Magnolia Summit Ln has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 4702 Magnolia Summit Ln is 3,206 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4702 Magnolia Summit Ln is 2012.

Rocket HomesTexasFort Bend CountyKaty774944702 Magnolia Summit Ln

This home is located at 4702 Magnolia Summit Ln in Katy, TX and zip code 77494 in the Cinco Ranch West neighborhood. This 3,206 square foot home, which was built in 2012, sits on a 0.19 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 11, 2024 and is currently priced at $585,000.

In October 2024 more than 49 listings in Katy, TX were sold above the asking price. During the same period more than 75 listings were sold at asking price, while more than 252 were sold below. The inventory of homes for sale in Katy, TX between September 2024 and October 2024 increased by 10.8%. Listings spent 41 days on the market in October 2024, and had a median list price of $382,771 during the same period.

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

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