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General Description

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A RARE DREAM PROPERTY FOR YOU & YOUR FAMILY! This fantastic and spacious 4 bedroom, 3 bathroom, one story home sits on nearly ONE ACRE in the coveted Westwood neighborhood; just minutes from The Woodlands. The beautiful architectural design, crown molding, built ins, large bedrooms and updated kitchen are sure to make you feel right at home and ready to move in. After exploring this wonderful home, venture outside to the amazing resort like pool with spa, waterfall and cave! Envision your family having a grand time in your resort-like backyard on a hot summer night! Next, roll up the double garage doors on your enviable 30x40 insulated shop with water & electric. This shop will allow the craftsman/mechanic of the family to do serious work or turn the shop into an awesome mancave/sheshed! Now that you have found your next property at 518 Monarch Oak, be ready to experience no MUD taxes and low tax rates along with Magnolia ISD schools! Properties like this do not come around often!

MLS#:

55375228 (HAR)

Sold Price Range:

$627,001 - $717,000

Listing Status:

Sold

Address:

518 Monarch Oak Dr

City:

Magnolia

State:

Zip Code:

77354

County:

Montgomery County

Subdivision:

Westwood 03 (View subdivision price trend)

Legal Description:

WESTWOOD 03, BLOCK 8, LOT 1, 2

Property Type:

Single-Family

Bedrooms:

4 Bedroom(s)

Baths:

3 Full Bath(s)

Garage(s):

2 / Detached

Stories:

Style:

Ranch,Traditional

Year Built:

1996 / Appraisal District

Building Sqft.:

2,922 /Appraisal District

Lot Size:

40,830 Sqft. /Appraisal District

Maintenance Fee:

$ 375 / Annually

Key Map©:

215H

Market Area:

Magnolia/1488 East

Rooms/Lot Dimensions

Living:

19x15, 1st

Family Room:

19x16, 1st

Dining:

13x11, 1st

Kitchen:

19x12, 1st

Breakfast:

12x10, 1st

Primary Bedroom:

16x15, 1st

Bedroom:

14x12, 1st

Bedroom:

13x12, 1st

Bedroom:

13x12, 1st

Utility Room Desc:

6x6, 1st

Interior Features

Fireplace:

1/Gaslog Fireplace

Floors:

Laminate, Tile, Vinyl Plank, Wood

Countertop:

granite

Room Description:

Family Room, Formal Dining, Formal Living, Kitchen/Dining Combo, Utility Room in House

Bathroom Description:

Primary Bath: Double Sinks, Primary Bath: Separate Shower, Primary Bath: Soaking Tub, Secondary Bath(s): Tub/Shower Combo

Bedroom Description:

All Bedrooms Down, En-Suite Bath, Primary Bed - 1st Floor, Walk-In Closet

Kitchen Description:

Breakfast Bar, Pantry

Cooling:

Central Electric

Heating:

Central Gas

Connections:

Electric Dryer Connections, Gas Dryer Connections, Washer Connections

Microwave:

Yes

Oven:

Electric Oven

Range:

Electric Range

Disposal:

Yes

Ice Maker:

Dishwasher:

Yes

Energy Feature:

Ceiling Fans, Solar Panel - Owned, Digital Program Thermostat, Attic Vents

Interior:

Alarm System - Owned, Window Coverings, High Ceiling, Fire/Smoke Alarm, Water Softener - Owned

Exterior Features

Roof:

Composition

Foundation:

Slab

Private Pool:

Yes

Private Pool Desc:

Heated, In Ground

Exterior Type:

Brick, Wood

Lot Description:

Corner, Subdivision Lot

Water Sewer:

Public Water, Septic Tank

Area Pool:

Yes

Exterior:

Back Yard Fenced, Spa/Hot Tub

Additional Information

List Type:

Exclusive Right to Sell/Lease

Dwelling Type:

Free Standing

HOA Mandatory:

Yes

Buyer Agent Compensation*:

Sub Agent Compensation*:

*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, Investor, VA

Other Fees:

Yes / $350 / Transfer Fee

Ownership:

Full Ownership

Maintenance Fee:

Mandatory / $375 / Annually

Maint Fee Includes:

Grounds, Courtesy Patrol, Recreational Facilities

Tax Rate:

1.5787

Selling Agent and Brokerage

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Selling Agent

Kerry Svrcek

Click to view phone

Selling Broker

HomeSmart

1001 W Loop South #105
Houston, TX 77027

Want to know how much is this home worth?

Request Home Value

Property Tax

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Cost/sqft based on Market Value

Tax Year	Cost/sqft	Market Value	Change	Tax Assessment	Change
2023	$221.13	$646,140	1.34%	$584,980	10.00%
2022	$218.20	$637,590	31.88%	$531,800	10.00%
2021	$165.45	$483,450	4.25%	$483,450	4.25%
2020	$158.71	$463,740	6.61%	$463,740	6.61%
2019	$148.87	$435,000	11.54%	$435,000	11.54%
2018	$133.47	$390,000	0.00%	$390,000	0.00%
2017	$133.47	$390,000	1.51%	$390,000	1.51%
2016	$131.49	$384,200	6.46%	$384,200	7.62%
2015	$123.51	$360,900	11.20%	$356,990	10.00%
2014	$111.07	$324,540	8.69%	$324,540	8.69%
2013	$102.19	$298,590	2.68%	$298,590	2.68%
2012	$99.52	$290,800		$290,800

2023 Montgomery County Appraisal District Tax Value

Market Land Value:	$160,330
Market Improvement Value:	$485,810
Total Market Value:	$646,140

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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$3,305 Monthly

Estimated Monthly Principal & Interest (Based on the calculation below)	$ 2,444
Estimated Monthly Property Tax (Based on Tax Assessment 2023)	$ 860860
Home Owners Insurance	Get a Quote

List Price

Loan Term

Months

Years

Down Payment

Annual Interest Rate

Estimated Monthly Principal & Interest

Calculate View Amortization Table

Use this mortgage calculator to create and estimate your monthly mortgage payment(principal and interest) and estimates for property taxes(based on past rates).

Subdivision Facts

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2023 Subdivision Facts

Subdivision Name:

Westwood (Magnolia)

County / Zip Code:

77354

Single Family Properties:

1,507

Average Bedrooms:

Average Baths:

2.49

Median Square Ft.:

2,169

Median Lot Square Ft.:

20,000

Median Year Built:

2002

Median Appraised Value:

$357,620

Neighborhood Value Range:

$282 - $463 K

Median Price / Square ft.:

$192.90

View Price Trends for Westwood (magnolia)

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.