string(19) "houstonarea.har.com" 40218 Otero Rd, Magnolia, TX 77354 - HAR.com LoopMe

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4 Bed(s)
2 Full & 1 Half Bath(s)
2,214 Bldg Sqft.
1.52 Lot Acres
Single-Family
64 Day(s) on HAR.com
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General Description

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Great 4 bedroom 2.5 bath home on 1.5 acre lot in Magnolia community of Cimarron Country. Bright kitchen with granite counters, spacious living room with stone fireplace, and tile flooring throughout first floor. Huge master suite upstairs with sitting area, soaking tub, and separate shower. Great location with easy access to an abundance of shopping and restaurants. Zoned to Bear Branch Elementary. Low tax rate and HOA! Enjoy the peace and tranquility of this beautiful wooded property.

MLS#:
50154606 (HAR)
Sold Price Range:
$420,001 - $482,000
Listing Status:
Sold
Address:
40218 Otero Rd
City:
Magnolia
State:
TX
Zip Code:
Legal Description:
CIMARRON COUNTRY, LOT 285, ACRES 1.520
Property Type:
Single-Family
Bedrooms:
4 Bedroom(s)
Baths:
2 Full & 1 Half Bath(s)
Garage(s):
2 / Detached
Stories:
2
Style:
Traditional
Year Built:
1992 / Appraisal District
Building Sqft.:
2,214 /Appraisal District
Lot Size:
1.52 Acres /Appraisal District
Maintenance Fee:
$ 140 / Annually
Market Area:


Rooms/Lot Dimensions

Living:
19x17, 1st
Dining:
11x11, 1st
Kitchen:
13x7, 1st
Breakfast:
9x8, 1st
Primary Bedroom:
16x15, 2nd
Bedroom:
13x10, 2nd
Bedroom:
12x11, 2nd
Bedroom:
11x10, 2nd
Primary Bath:
2nd
Home Office/Study:
11x11, 1st
Utility Room Desc:
7x6, 1st



Interior Features

Fireplace:
1/Gas Connections
Floors:
Carpet, Tile
Bathroom Description:
Half Bath, Primary Bath: Separate Shower, Secondary Bath(s): Tub/Shower Combo
Bedroom Description:
All Bedrooms Up
Kitchen Description:
Walk-in Pantry
Room Description:
Breakfast Room, Formal Dining, Home Office/Study, Utility Room in House
Heating:
Central Electric
Cooling:
Central Electric
Connections:
Electric Dryer Connections, Washer Connections
Disposal:
Yes
Microwave:
Yes
Oven:
Electric Oven
Range:
Electric Range
Dishwasher:
Yes
Energy Feature:
Ceiling Fans, North/South Exposure


Exterior Features

Roof:
Composition
Foundation:
Slab
Private Pool:
No
Exterior Type:
Brick, Wood
Lot Description:
Corner, Subdivision Lot, Wooded
Garage Carport:
Additional Parking, Auto Garage Door Opener
Water Sewer:
Public Water, Septic Tank
Front Door Face:
North
Exterior:
Back Yard


Additional Information

List Type:
Exclusive Right to Sell/Lease
HOA Mandatory:
Yes
Dwelling Type:
Free Standing
Buyer Agent Compensation*:
3%
Sub Agent Compensation*:
0%
*Disclaimer: Listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.


Financial Information

Financing Considered:
Cash Sale, Conventional, FHA, VA
Other Fees:
Yes / 300 / Transfer
Maintenance Fee:
Mandatory / $140 / Annually
Taxes w/o Exemp:
$6, 690/2023
Tax Rate:
1.7646


Property Tax

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Cost/sqft based on Market Value
Tax Year Cost/sqft Market Value Change Tax Assessment Change
2023 $192.95 $427,200 8.48% $379,100 10.00%
2022 $177.86 $393,790 25.69% $344,640 10.00%
2021 $141.51 $313,310 2.66% $313,310 3.52%
2020 $137.84 $305,180 10.91% $302,670 10.00%
2019 $124.28 $275,150 5.07% $275,150 5.07%
2018 $118.28 $261,880 1.93% $261,880 1.93%
2017 $116.04 $256,910 $256,910
2023 Montgomery County Appraisal District Tax Value
Market Land Value: $130,240
Market Improvement Value: $296,960
Total Market Value: $427,200
montgomery County Appraisal District
2023 Tax Rates
EMERGENCY SVC DIST 10: 0.0852 %
MONTGOMERY COUNTY: 0.3742 %
MONTGOMERY CO HOSPITAL: 0.0502 %
LONE STAR COLLEGE: 0.1078 %
MAGNOLIA ISD: 1.1472 %
Total Tax Rate: 1.7646 %

Estimated Mortgage/Tax

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$2,540 Monthly
Estimated Monthly Principal & Interest (Based on the calculation below) $ 1,982
Estimated Monthly Property Tax (Based on Tax Assessment 2023) $ 557
Home Owners Insurance Get a Quote
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Years
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Subdivision Facts

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2023 Subdivision Facts

Subdivision Name:
Cimarron Country
County / Zip Code:
77354
Single Family Properties:
291
Average Bedrooms:
Average Baths:
3.17
Median Square Ft.:
2,562
Median Lot Square Ft.:
64,904
Median Year Built:
1996
Median Appraised Value:
$467,500
Neighborhood Value Range:
$350 - $672 K
Median Price / Square ft.:
$235.36

View Price Trends for Cimarron Country

Schools

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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
Bear Branch Elementary School Elementary . EE - 04 . MAGNOLIA ISD
Good |
Bear Branch Junior High School Middle . 07 - 08 . MAGNOLIA ISD
Good |
Magnolia High School High . 09 - 12 . MAGNOLIA ISD
Good |

View Nearby Schools

40218 Otero Rd Magnolia TX 77354 was recently sold. It is a 1.52 Acre(s) Lot, 2,214 SQFT, 4 Beds, 2 Full Bath(s) & 1 Half Bath(s) in Cimarron Country.

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