Build your dream home in one of the most sought after neighborhoods in Montgomery County. Over 3.5 acres on a private waterfront. This is a wooded lot that was cleared last year allowing 1.3-1.5 acres of buildable area. No homes will be built on the far side of the water. With amazing, mature oak trees throughout, the cleared area offer privacy and beautiful views. The possibilities are endless with views of water on three sides. There is also 70+ loads of dirt on the property for you to start building your pad. Do not hesitate. Lots do not last long especially in this beautiful neighborhood. Minutes to HEB, restaurants, and more. Only 10 minutes to The Woodlands. What are you waiting for? Come home to High Meadow Estates.
Property Details
Property Features
Listing Office:
Office Name: Better Homes and Gardens Real Estate Gary Greene - Champions
Office Phone: (281) 444-5140
Listing Agent: Chad Anderson
Lot Features
Lot Information:
Lot Size: 3.55 Acres
Other
Directions Information:
Directions: From TX 249 N, turn right onto FM149 N. Continue strait onto Jackson Rd. Turn left onto High Meadow Estates Dr. Turn left onto Texas Trace Blvd. Turn left toward Magnolia Hollow Dr. Drive for 0.4 miles. Property will be on the right.
Price Information
Listing Price Info
Price Summary:
List Price: $315,000
HOA Fees:
Amount: $600
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Montgomery, TX.
This property is $97.5K less than the Median Sold Price in Montgomery, TX.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: HAR
MLS Number: #30540383
Listing Office:
Office Name: Better Homes and Gardens Real Estate Gary Greene - Champions
Office Phone: (281) 444-5140
Listing Agent: Chad Anderson
Disclaimer: 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”.
Last updated on: 12/22/2024, 4:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,690
Per Month
Principal & Interest
$1,573
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$50
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,011
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Williams Elementary School
18101 FM 1488 Rd
Distance between this listing and this school4.37 miles
Public District Grades PK-4
6
/10
Magnolia Elementary School
31900 Nichols Sawmill Rd
Distance between this listing and this school5.09 miles
Public District Grades PK-4
6
/10
Magnolia Intermediate School
31164 Nichols Sawmill Rd
Distance between this listing and this school5.58 miles
Public District Grades 5-6
Nearby Schools
6
/10
Magnolia Junior High School
31138 Nichols Sawmill Rd
Distance between this listing and this school5.58 miles
Public District Grades 7-8
7
/10
Oak Hills Junior High School
19190 Keenan Cut Off Rd
Distance between this listing and this school6.21 miles
Public District Grades 6-8
7
/10
Montgomery Junior High School
19000 Stewart Creek Rd
Distance between this listing and this school9.11 miles
Public District Grades 6-8
Nearby Schools
4
/10
Magnolia West High School
42202 FM 1774 Rd
Distance between this listing and this school4.12 miles
Public District Grades 9-12
5
/10
Magnolia High School
14250 FM 1488 Rd
Distance between this listing and this school5.18 miles
Public District Grades 9-12
2
/10
Alpha
919 Cloyd Dr
Distance between this listing and this school5.26 miles
The neighbors living near this home have an average income of $64,786. Most Montgomery, TX residents have annual incomes between $35k-100k. The most common type of family is married, no kids. 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 7342 Magnolia Hollow Dr
What is the listing price of this property?
The listing price of 7342 Magnolia Hollow Dr property is $315,000.
What type of property is this?
The property 7342 Magnolia Hollow Dr is land located in Montgomery, Texas, 77316.
Is this property for sale now?
Active Listing: 7342 Magnolia Hollow Dr is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 7342 Magnolia Hollow Dr is 3.55 acres.
Interested in 7342 Magnolia Hollow Dr? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 7342 Magnolia Hollow Dr in Montgomery, TX and zip code 77316. This home sits on a 3.55 acre lot. It has been listed on Rocket Homes since May 06, 2024 and is currently priced at $315,000.
Montgomery, TX housing market in November 2024 saw over 9 listings sold above listed price, more than 17 sold at listed price and over 71 sold below. The number of listings in Montgomery, TX increased by 2.6% between October 2024 and November 2024. In November 2024, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $412,585.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: 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”. 
Hunting
Hunting
NASCAR
Monster Trucks
Dick's Sporting Goods
Dillards
Wal-Mart
Texas Roadhouse
Cracker Barrel
Hardee's
Subaru
Cadillac
Ram
New Country
News/Talk/Information
Classic Country