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!!

General Description

MLS#:

63627982 (HAR)

Sold Price Range:

$552,001 - $627,000

Listing Status:

Sold

Address:

703 Placid Lake Lane

City:

Magnolia

State:

TX

Zip Code:

77354

County:

Montgomery County

Subdivision:

Dogwood Patches 02 (View subdivision price trend)

Legal Description:

S404002 - DOGWOOD PATCHES 02, BLOCK 1, LOT 10, 11-A, 11-B, 1

Property Type:

Single-Family

Bedrooms:

3 Bedroom(s)

Baths:

2 Full Bath(s)

Garage(s):

2 / Detached

Stories:

1

Style:

Traditional

Year Built:

1969 / Appraisal District

Building Sqft.:

1,784166(m²) /Appraisal District

Lot Size:

7.00 Acres 28,327(m²) /Appraisal District

Key Map©:

212E

Market Area:

Magnolia/1488 West

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Room Dimension

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

Interior Features

Fireplace:

1

Floors:

Carpet, Tile, Wood

Bathroom Description:

Primary Bath: Shower Only

Cooling:

Central Electric

Heating:

Propane

Connections:

Electric Dryer Connections, Washer Connections

Range:

Electric Cooktop

Oven:

Electric Oven

Energy Feature:

Ceiling Fans

Exterior Features

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

Assigned School Information

District:	Magnolia
Elementary School:	Willie E Williams Elementary School Excellent |
Middle School:	Magnolia Junior High School Good |
High School:	Magnolia West High School Good |

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.

Listing Broker: RE/MAX Universal
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Selling Broker: RE/MAX Universal
Last updated as of: 07/11/2024

Property Tax

Market Value Per Appraisal District

Cost/Sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$352.97	$629,700	-11.50%	$629,700	-11.50%
2022	$398.85	$711,540	70.52%	$711,540	70.52%
2021	$233.90	$417,270	3.03%	$417,270	3.03%
2020	$227.02	$405,000	0.45%	$405,000	0.45%
2019	$225.99	$403,170	-2.40%	$403,170	-2.40%
2018	$231.56	$413,100	139.51%	$413,100	139.51%
2012	$96.68	$172,480		$172,480

2023 Montgomery County Appraisal District Tax Value
Market Land Value:	$420,000
Market Improvement Value:	$209,700
Total Market Value:	$629,700

2023 Tax Rates
MAGNOLIA:	0.2948 %
EMERGENCY SVC DIST 10:	0.0879 %
MONTGOMERY COUNTY:	0.3696 %
MONTGOMERY CO HOSPITAL:	0.0498 %
LONE STAR COLLEGE:	0.1076 %
MAGNOLIA ISD:	0.9638 %
Total Tax Rate:	1.8735 %

 

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